After Hours Summary: Some big names report earnings, most trade lower -- TSLA -3.9%, AAPL -3%, FB -0.4%, LEVI -6.9%, TER -5.8%, WHR -4.8%; ZYME -32% falls sharply on clinical trial updateAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: EXTR +9.2% (sees in-line Q2, sees Q3 above consensus), SLM +8.8%, CALX +7.2% (also names new COO), ACIW +3.5%, NG +3.2%, PTC +3%, AZPN +2.4%, MEOH +2.3%, HOLX +2.1%, DRE +2%, XLNX +1.6%, NOW +1.4%, LSTR +1.3%, CVBF +1.1%, SYK +0.6%, RJF +0.5%, CLB +0.2%
Companies trading higher in after hours in reaction to news: BBW +13.7% (Build-A-Bear Radio announces two new shows), AGTC +11.5% (stock offering, also provides update on ongoing clinical trials in achromatopsia), AFG +8.3% ( to sell Annuity business to MassMutual for $3.5 bln in cash), ADPT +5.2% (new COO), LMNL +5.1% (provides update regarding strategy), AIRG +4% (announces nationwide availability of first AirgainConnect platform product), WERN +3.1% (announces the sale of its Werner Global Logistics unit), ACB +1.9% (enters into strategic agreement with MedReleaf Australia), ASO +1.9% (prices stock offering), PHAS +1.5% (presents data from Phase 1b/2a pilot study of pemziviptadil), SUNW +1.3% (files for $100 mln mixed securities shelf offering), BGNE +0.7% (reports "positive" top-line results for Phase 3 RATIONALE 302 trial of tislelizumab), CWT +0.2% (increases dividend), ACC +0.1% (announces board refreshment; enters into a cooperation agreement with Land & Buildings), PFE +0.1% (announces clinical trial collaboration)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LEVI -6.9%, TER -5.8% (also authorizes $2 bln share repurchase program), MTH -5.5%, WHR -4.8%, TSLA -3.9%, AAPL -3%, EW -2.3%, CREE -2.1%, LVS -1%, CCI -0.6%, FB -0.4%, AVT -0.3%, LRCX -0.3%, AMP -0.1%, CP -0.1%, REZI -0.1%
Companies trading lower in after hours in reaction to news: ZYME -32% (provides update on Phase 1 clinical trial for ZW49), AXDX -12.2% (files for $150 mln mixed securities shelf offering), PWFL -11.4% (stock offering), RIO -1% (names new management team), LLY -0.8% (awarded $625 mln Army contract), CCI -0.6% (signs new long-term agreement with Verizon to support 5G), COLM -0.3% (names former Nike exec as Chief Digital Information Officer), INTC -0.2% (outgoing CEO R. Swan disclosed purchase of 27,244 shares), UTL -0.1% (increases dividend)