After Hours Summary: Strong earnings from big names: CSCO +7.6%, DIS +3.3%, AMAT +1.9%, FTCH +16.8%; UROV +90.2% gets acquiredAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FTCH +16.8%, CSCO +7.6% (also new CFO), DDS +5.9%, ADSK +5% (sees Q3 results above guidance; also CFO departs) DIS +3.3% (beats handily, Disney+ paid subs totaled 73.7 mln), DLB +3.3%, JAMF +3.1%, AMAT +1.9%, +1.9%, PLTR +0.3%, GLOB +0.1%
Companies trading higher in after hours in reaction to news: UROV +90.2% (Sumitovant Biopharma to acquire rest of UROV it does not already own), AGIO +2.2% (receives FDA orphan drug designation for mitapivat), TAL +1.6% (investment firm to purchase US$1.5 bln of newly issued Class A shares), GMED +1.2% (announces first surgeries using ExcelsiusGPS Interbody), JNPR +0.8% (in sympathy with strong CSCO earnings), CIEN +0.8% (in sympathy with strong CSCO earnings), LSF +0.7% (new COO), STAG +0.5% (breaks ground on onsite solar installations in IL and MA), SYY +0.5% (eliminates minimum delivery size requirements), ENB +0.4% (Line 3 replacement project receives MPCA approvals), TTD +0.3% (files mixed securities shelf offering), HARP +0.2% (presents encouraging preclinical data for HPN601), FTDR +0.2% (expands on-demand home services to 35 mkts), TEN +0.1% (S&P outook revised to positive from negative), NSA +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BLNK -8%, REV -7.9%, AMWL -7.4%, U -4.9%, VXRT -2.1% (also provides clinical update), NARI -0.9%
Companies trading lower in after hours in reaction to news: SAVA -19.9% (stock offering), TWNK -1.4% (S&P outlook revised to stable on Voortman integration and rev growth), DXC -1.3% (new CFO), BLMN -1.2% (JANA Partners discloses lower active stake of 5.3% vs prior ~6.5%), KKR -1.2% (ValueAct lowered active stake to 6.7% from ~7.9%), ACI -0.9% (to receive a direct allocation of COVID-19 vaccine from HHS), RIDE -0.8% (stock offering), VRT -0.6% (stock offering), ETH -0.1% (increases dividend), GFF -0.1% (increases dividend), TRN -0.1% (announces planned entrance into "RailPulse" joint venture)