After Hours Summary: TWTR -3.7% falls on account hacks; DELL +7.4% up nicely as it confirms it's exploring a potential spin-off of VMW; AA +6.1% up on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AA +6.1%, HIG +3.1%, OI +0.1%
Companies trading higher in after hours in reaction to news: DELL +7.4% (Dell confirms it's exploring a potential spin-off of VMW stake), RTIX +5.3% (receives all necessary approvals for sale of OEM business), SPCE +5% (names new CEO), AZN +3.8% (AZN partner Oxford's COVID-19 vaccine candidate generates immune response in Phase I human trials), GAN +3.2% (reports June 2020 Internet gambling update for NJ), DKNG +2.4% (launches Casino product suite in West Virginia), VMW +2.4% (Dell confirms it's exploring a potential spin-off of VMW stake), RDFN +2% (says home sales exceed pre-pandemic levels for the first time), CLGX +0.9% (discloses that the FTC is conducting an investigation of the proposed acquisition), GD +0.8% (awarded $250 mln Army contract), OI +0.1% (to divest its Australia and New Zealand business unit; also guides EPS lower)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SNBR -2.6%
Companies trading lower in after hours in reaction to news: TCDA -36.6% (provides regulatory update for veverimer; FDA has identified deficiencies), APTO -8.1% (stock offering), INMB -6.1% (stock offering), BCEL -5% (stock offering), CYTK -4.9% (announces $150 mln common stock offering), TWTR -3.7% (falls on headlines of high profile Twitter account hacks), AAL -3.1% (warns 25K employees of potential job cuts; also says June passenger revs down more than 80% yr/yr), IAC -0.8% (releases letter to shareholders)