After Hours Summary: TSLA -1.8%, AXTA -11.2%, AMP -10.3%, CDNS -3.8% lower on earnings; BRO +10.1%, WIRE +8.4%, SBAC +5.1%, TBI +4.1%, HSTM +3.7% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BRO +10.1%, WIRE +8.4%, SBAC +5.1%, TBI +4.1%, HSTM +3.7%, LU +2.6%, SSNC +2.4%, OMF +2.1% (also to acquire Trim; also raises dividend and commences new buyback program), MKSI +1.9%, NXPI +1.5%, RRC +1.5%, AGNC +1.3%, PCH +0.4%, SUI +0.1%, WRI +0.1%
Companies trading higher in after hours in reaction to news: FCBP +25% (EFSC to acquire FCBP in all-stock merger agreement), GME +8.8% (completes previously announced at-the-market equity offering program), RETA +2.9% (announces FDA acceptance for filing of NDA for bardoxolone methyl as treatment for CKD), LYFT +2.4% (LYFT to sell self-driving car division to Toyota (TM) subsidiary Woven Planet for $550 mln), HAS +1.4% (to sell eOne Music for $385 mln in cash), SRRK +0.7% (announces issuance of US patent), COMP +0.6% (to acquire Glide Labs)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AXTA -11.2%, AMP -10.3% (also increases dividend), CDNS -3.8%, MASI -1.9%, TSLA -1.8%, TNET -1.6%, MEDP -1.2%, UHS -0.9%, AMKR -0.8%, JBT -0.2%, ARE -0.1%, CNI -0.1%, LXFR -0.1%
Companies trading lower in after hours in reaction to news: HYFM -8.1% (stock offering; also guides Q1 revs and EBITDA above consensus; also to acquire HEAVY 16, a line of premium plant nutrients), PQG -7.9% (announces 12.5 mln share offering by selling stockholders; also issues preliminary results for Q1), RNWK -6.7% (stock offering), EFSC -2.3% (EFSC to acquire FCBP in all-stock merger agreement), SNAP -1.7% (announces $1 bln convertible note offering), ESPR -0.9% (enters into licensing agreement with Daiichi Sankyo; also secures $50 mln funding from Oberland Capital), EARN -0.3% (stock offering), FTI -0.3% (receives Notice to Proceed for subsea contract for Santos Barossa project), TM -0.1% (LYFT to sell self-driving car division to Toyota (TM) subsidiary Woven Planet for $550 mln), EHC -0.1% (to purchase assets of Frontier Home Health and Hospice)