After Hours Summary: SFIX +14.9%, REVG +9%, MRVL +4.7% up big on earnings; COUP -8.5%, HQY -4.7% lower on earnings; SLQT jumps +11% on being added to S&P SmallCap 600After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SFIX +14.9%, REVG +9%, MRVL +4.7%, NAPA +3%, DADA +2.6% (also announces US$150 mln share repurchase plan), WWW +0.5% (guides Q2 revs above pre-pandemic levels)
Companies trading higher in after hours in reaction to news: SLQT +11% (to join S&P SmallCap 600), ATCX +8% (files for $250 mln mixed securities shelf offering; also files for 29,678,938 offering by selling shareholders), CHS +6.6% (issues statement in response to letter issued by Barington Group), CPG +4.5% (completes disposition of non-core Saskatchewan assets), AFYA +3.1% (notified of stake purchase by Bertelsmann affiliate), HOOK +1.9% (provides Phase 1 HB-200 data), RFL +1.8% (stock offering), INN +1.3% (to acquire 110-guestroom Residence Inn by Marriott), EOG +0.4% (names new CEO), YELL +0.3% (provides update on Q2 results), MRK +0.2% (Animal Health unit to acquire assets of LIC Automation), UBA +0.2% (increases dividend), MRNA +0.2% (New CDC study finds that mRNA COVID-19 vaccines reduce risk of infection by 91% for fully vaccinated people), PFE +0.2% (New CDC study finds that mRNA COVID-19 vaccines reduce risk of infection by 91% for fully vaccinated people), RPM +0.1% (acquires Dudick)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: COUP -8.5% (also names new CFO), HQY -4.7%, MTN -0.7%, UDR -0.1% (raises low end of FY21 FFOA guidance)
Companies trading lower in after hours in reaction to news: TIGR -9.8% (stock offering), PLBY -8.8% (stock offering), LESL -6.5% (stock offering), APR -6.2% (stock offering), JAMF -5.1% (stock offering), LBRT -3.8% (commences 12.3 mln share offering by Riverstone), KDP -2.7% (announces 28 mln share offering by MDLZ), M -1.8% (receives notice of termination of private label credit card deal with Citibank), ETSY -1.7% (convertible notes offering), FBK -1.7% (stock offering by selling shareholder; also files mixed securities shelf offering), WPC -1.5% (stock offering), GDRX -1.1% (Walmart+ platform adds savings on prescriptions), SHAK -0.8% (files mixed securities shelf offering; also files for 4,498,588 share offering by selling shareholders), TSLA -0.7% (discloses departure of Jerome Guillen, President, Tesla Heavy Trucking), ENB -0.1% (to sell 38.9% non-operating minority ownership interest in Noverco to Trencap for $1.14 bln in cash), TPX -0.1% (expands US manufacturing capacity)