After Hours Summary: TACO -10.5%, CDNS +5.5%, AMTD +4.2% among notable earnings/guidance moversAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDNS +5.5%, AMTD +4.2%, WSFS +2.2%, ZION +1.8%
Companies trading higher in after hours in reaction to news: STMP +20.8% (Stamps.com and UPS to collaborate on shipping solutions to E-commerce sellers), FBP +10.1% (First Bancorp acquires Banco Santander Puerto Rico in transaction with $425 mln base purchase price), KDMN +2.9% (announces FDA approval of CLOVIQUE, a room-temperature stable trientine hydrochloride product), VRTX +2.8% (FDA has approved TRIKAFTA in people ages 12 years and older who have at least one F508del mutation in the cystic fibrosis transmembrane conductance regulator gene), SNAP +1.9% (continued strength ahead of earnings tomorrow), UPS +1.3% (announces multiple tech-enabled services, new customers and partners), CNC +1.2% (authorized the repurchase of up to $500 mln of shares of common stock), TBPH +0.6% (Theravance Biopharma and Mylan to present new data on YUPELRI when administered with formoterol in patients with COPD)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TACO -10.5%, HXL -1.8%, SITC -2.4% (also commences public offering of 10.5 mln common shares), CE -1.1%
Companies trading lower in after hours in reaction to news: HHC -18.2% (announces transformation plan following strategic review process and names Paul Layne as CEO, effective immediately), TNP -3.1% (files for ~11.67 mln share common stock offering by selling shareholders)