After Hours Summary: Super busy with earnings; CDNA +15.7%, QLYS +11.2%, AVID +9.4%, PYPL +4.8% higher on earnings; FSLY -17%, ETSY -9.7%, TWLO -5% fall on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDNA +15.7%, QLYS +11.2%, AVID +9.4%, CCRN +8.9%, ARLO +8.8%, GIL +8.1%, SIMO +5.5%, AOSL +5.4%, QTWO +5.2%, RCII +5.2%, OSUR +5.1%, STAA +5%, HEAR +4.9%, NUS +4.8%, PRIM +4.8%, PYPL +4.8%, RUN +4.4%, PING +4%, ZNGA +3.8% (also to acquire Chartboost), TNDM +3.7%, ADPT +3.6%, ECPG +3.6%, DGII +3.5%, BE +2.9%, MDU +2.9%, NVST +2.9%, APA +2.7%, PDCE +2.5%, LBTYA +2.4%, ROOT +2.2%, MELI +1.9%, WW +1.8%, BAND +1.7%, HUBS +1.7%, SKT +1.7%, CNDT +1.6% (also CFO to step down), MRO +1.3%, QRVO +1.3%, UGI +1.3% (also increases dividend), FOXA +1.1% (also to acquire Outkick Media), FRT +0.8%, RGR +0.8%, SJI +0.6%, ADTN +0.5%, HCC +0.4%, WTRG +0.4%, BKNG +0.3%, EPR +0.3%, PRI +0.3%, BFAM +0.2%, LUMN +0.2%, ORCC +0.2%, ANSS +0.1%, GDOT +0.1%, LCI +0.1%, LNC +0.1%, NVRO +0.1%, RLJ +0.1%, WHD +0.1%
Companies trading higher in after hours in reaction to news: HOME +15.3% (in talks with Hellman & Friedman for take-private deal, according to WSJ), LGIH +6.8% (reports April 2021 home closings), CUTR +3.8% (COO resigns), BE +2.9% (BKR and BE to collaborate on efficient power and hydrogen solutions), SGMO +2.5% (files mixed securities shelf offering), ZYNE +2.1% (receives guidance from FDA on a confirmatory Phase 3 trial of Zygel), MRNA +1.5% (announces "positive" initial mRNA-1273 booster data), CWH +0.4% (to acquire Hilmerson RV), AG +0.2% (files for US$300 mln mixed securities shelf offering), MTZ +0.1% (acquires INTREN for approx. $420 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: JRVR -29.9% (also announced $175 mln stock offering), FSLY -17% (also CFO to step down), YELL -14.2%, AVNW -13.3%, RKT -12.5%, TXG -9.8%, ETSY -9.7%, VAPO -8.4%, ORA -7.8%, TWO -6.7%, CTSH -6.1%, MTW -5.7%, LESL -5.6%, CENX -5.5%, INSG -5.5%, LOPE -5.5%, TWLO -5%, GKOS -4.8%, FATE -4.4%, XEC -3.3%, RDFN -3.2%, DCP -3.1%, ALB -3%, KW -3%, PLYA -2.9%, GDDY -2.8%, EQT -2.4%, CF -2.2%, GBT -2.1%, KLIC -2.1%, KTOS -2%, NBIX -1.8%, UBER -1.7%, KRO -1.6%, SRPT -1.6%, ADT -1.2%, ATSG -1.2%, UNM -1.2%, MTG -1.1%, FLT -0.9%, SLF -0.7%, ACAD -0.5%, ALL -0.5%, EZPW -0.2%, MET -0.2%, RSG -0.2%, VAC -0.2%, ACCD -0.1%, EQH -0.1%, FMC -0.1%, FNV -0.1%, RPT -0.1%, TLND -0.1%, EVH -0.1%
Companies trading lower in after hours in reaction to news: ALGT -3.4% (commences offering of 1.35 mln shares), GDDY -2.8% (names new CFO), NVAX -1.6% (announces publication of results for Phase 2b trial conducted in South Africa of NVX-CoV2373), MRK -0.5% (FDA approves KEYTRUDA for HER2-positive gastric or gastroesophageal junction adenocarcinoma), LNT -0.5% (to enter into settlement agreement on future Wisconsin rates), COST -0.5% (reports April compa +32.5%), CEQP -0.1% (files for 6 mln common unit offering by selling shareholders)