After Hours Summary: TMUS to acquire spectrum from CMCSA; RCKT +30.2% jumps on FDA news; MOR +2.2% receives FDA Fast Track designation
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INNV +2%
Companies trading higher in after hours in reaction to news: RCKT +30.2% (reaches FDA alignment on Phase 2 Trial Design for RP-A501; also announces $150 mln stock offering), JACK +4.3% (names new Del Taco Brand President), RKLB +3.3% (RKLB signs contract with LDOS to launch four HASTE missions), MOR +2.2% (receives FDA Fast Track designation for tulmimetostat in endometrial cancer), FIVE +1.1% (CEO bought 3100 shares), RTX +0.1% (awarded $418 mln U.S. Army contract)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EPM -10.8%
Companies trading lower in after hours in reaction to news: LAZY -10.9% (announces plans for rights offering to stockholders), SBOW -6.5% (stock offering), SQSP -2.5% (files mixed shelf securities offering; also files for 5 mln share offering by selling shareholder), RCKY -1.9% (CFO resigns), NOC -1.9% (awarded $458 mln U.S. Navy contract), VRDN -0.8% (CFO resigns), LDOS -0.7% (RKLB signs contract with LDOS to launch four HASTE missions), VIRT -0.4% (SEC files complaint against co), CMCSA -0.2% (TMUS to acquire spectrum from CMCSA for $1.2-3.3 bln), VFS -0.2% (half its 2023 EV sales are to a related party according to Barrons), LMT -0.2% (awarded $841 mln U.S. Navy contract modification), HRT -0.1% (authorizes additional $25 mln share repurchase program)