After Hours Summary: UPST +17.8%, FUBO +11.5%, MCFE +3.7%, DOCS +3.5% higher on earnings; WW -22.3%, ONTF -17.6%, EPAY -8%, POSH -7% lower on earnings; NLOK +3.9% on deal to acquire AvastAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UPST +17.8%, LPRO +13.1%, FUBO +11.5%, MRVI +9.9%, TDUP +7.3%, LRN +5.6%, SKIN +5.3%, PUBM +4.2%, MCFE +3.7%, DOCS +3.5%, TASK +2.9%, FLYW +2.1%, JAMF +1.9%, NVEE +1.9%, DAR +1.6%, COIN +0.9%, PAAS +0.3% (also increases dividend)
Companies trading higher in after hours in reaction to news: CRNX +8% (stock offering by selling shareholders; also files for mixed securities shelf offering), NLOK +3.9% (to acquire Avast), KODK +1.1% (files for $500 mln mixed securities shelf offering; also stock offering by selling shareholders), RIOT +0.8% (provides July production and operations updates), IVZ +0.4% (reports July AUM), W +0.3% (authorizes new $1 bln share repurchase program), MTZ +0.2% (a name to watch on AT&T cap-ex guidance, AT&T is MasTec's largest customer), TFC +0.1% (to acquire Service Finance Co for $2 bln), NBHC +0.1% (to collaborate with Finstro Holdings and Figure Tech in building a digital financial ecosystem for SMBs)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: WW -22.3%, ONTF -17.6%, EPAY -8%, POSH -7%, NARI -5.3%, OLO -2.9% (also to team up with GRUB to integrate digital orders), GO -2.4%, PLBY -1.7%, SMCI -1.5%, SGFY -0.7%, U -0.6% (also to acquire Parsec for $320 mln in cash)
Companies trading lower in after hours in reaction to news: GTES -6.4% (stock offering), FULC -2.5% (stock offering), MRKR -1.5% (files for $300 mln mixed securities shelf offering), SMG -0.2% (prices senior notes), T -0.2% (updates investment, capex guidance for FY21; also WarnerMedia in talks to sell TMZ tabloid unit to Fox, according to The Information), BSX -0.1% (FDA clearance for EXALT Model B Single-Use Bronchoscope), MESA -0.1% (reports July block hours increased 92.1% yr/yr)