After Hours Summary: UPST +23.6%, AYX +8%, ABNB +3.8% higher on earnings; RBLX -14.5%, TOST -13%, LZB -12.9%, ZI -10.9%, ANGI -10.7%, VIAC -6.6% lower on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UPST +23.6% (also approves $400 mln share repurchase authorization), ESMT +9.7%, AYX +8%, ACCO +5.7% (also CFO plans to retire this year), ANDE +5.4%, WIRE +5.1%, LSCC +4.4%, ABNB +3.8%, MRC +3.7%, GXO +3.4%, ALC +1.9%, NMIH +1.5% (also authorizes $125 mln share repurchase program), DVN +0.8% (also increases dividend and expands share repurchase program), REZI +0.8%, CLW +0.4%, IAC +0.2%, WFG +0.1%
Companies trading higher in after hours in reaction to news: CRSR +8.7% (to be added to S&P SmallCap 600), CELU +6% (FDA grants Orphan Drug Designation for CYNK-101), ENLC +4.4% (TALO and ENLC execute MoU for carbon capture, transportation, and sequestration solution), MO +0.6% (Admin Law Judge dismisses FTC complaint against Altria's minority investment in Juul), KNSL +0.3% (increases dividend), ADI +0.3% (increases dividend), LMT +0.2% (Sikorsky Aircraft awarded $370 mln Defense Logistics Agency contract), MRNA +0.1% (to expand its commercial network across Asia)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RBLX -14.5%, TOST -13%, LZB -12.9%, ZI -10.9%, ANGI -10.7%, PACB -8.8%, VIAC -6.6% (also to change its name to Paramount Global), MASI -6.5% (also acquires Sound United for $1.025 bln), NVTS -5.8%, AKAM -5.3% (also acquires IaaS platform provider Linode for $900 mln), WH -4.7% (also increases share repurchase program by $400 mln), CF -3.8%, PDFS -3.8%, TX -2.9%, WYNN -2.7% (also to sell land and real estate assets of Encore Boston Harbor to Realty Income for $1.70 bln in cash), DENN -2.6% (also increases share repurchase program by $10.7 mln), ATRC -1.7%, CORT -1.7%, INVH -1.4%, CRSP -1.2%, QTWO -1%, SEDG -0.8%, CINF -0.6%, CRK -0.5%, WELL -0.5% (also provides business update; also forms strategic partnership with Reuben Brothers), AMK -0.1%
Companies trading lower in after hours in reaction to news: MRTX -8.7% (FDA accepts NDA for adagrasib for non-small cell lung cancer), ATOM -3.7% (files $100 mln mixed securities shelf offering), ONB -1.7% (moving to S&P MidCap 400 from the S&P SmallCap 600), AKR -0.5% (increases dividend), CCL -0.4% (CDC lowers cruise ship COVID-19 THN from Level 4 to Level 3), O -0.3% (to acquire land and real estate assets of Encore Boston Harbor from WYNN for $1.7 bln in cash), DHX -0.2% (approves $15 mln share repurchase program), TALO -0.2% (TALO and ENLC execute MoU for carbon capture, transportation, and sequestration solution), X -0.2% (CFO to leave company), WU -0.2% (expands Travel Wallet App in South Korea), RCL -0.1% (CDC lowers cruise ship COVID-19 THN from Level 4 to Level 3)