After Hours Summary: TLYS +17%, LZB +5%, SMTC +3.4% following earnings/guidance, BLUE +23% on CAR-T update... GES -14%, NQ -7%, BL -5%, SNPS -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TLYS +17%, LZB +5.4% (also increases quarterly dividend by 10% to $0.11 per share), SMTC +3.4%
Companies trading higher in after hours in reaction to news: BLUE +23.1% (announces interim Phase 1 dose escalation data for Anti-BCMA CAR T product candidate in patients with relapsed/refractory multiple myeloma; 100% of patients in second and third dose cohorts achieved objective response; two patients MRD-negative; overall response rate 78%), FF +6% (ticking higher; declares a special cash dividend of $2.29/share), SKX +3.1% (light volume; CEO disclosed purchase of 500K shares worth more than $5.5 mln), PNLYY +2.9% (thinly traded ADR; PostNL acknowledges receipt of revised final proposal from bpost; is reviewing and considering bpost's revised conditional offer), COL +2.7% (reports that Starboard may push for Rockwell to reconsider its pending merger with BEAV)
CAR-T related names higher in sympathy with Bluebirdbio: ZIOP +1.9%, KITE +0.7%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GES -13.7%, NQ -6.7%, BL -5.3% (light volume), SNPS -2%
Companies trading lower in after hours in reaction to news: HTBX -58.2% ((presents topline HS-410 Phase 2 bladder cancer results; responses did not translate into clinical outcomes, there was no statistically significant difference in the primary endpoint between the vaccine and placebo arms), PTN -26.5% (to issue and sell shares of its common stock and warrants to purchase shares of its common stock), BEAV -3.4% (lower on report that Starboard may push for Rockwell to reconsider its pending merger with BEAV), PENN -3.2% (attributed to block trade sale), RXN -2.3% (commences public offering of 7 mln depositary shares, each of which represents a 1/20th interest in a share of its Series A Mandatory Convertible Preferred Stock)