After Hours Summary: VIR +65.3% surging on earnings and trial results; MYGN +18.3%, SGHC +18.1%, KEYS +15.5%, MAX +14.8% higher on earnings; UCTT -12.5%, ZD -8.1%, HIMS -6.7%, PAY -5.3%, PRIM -5.2% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VIR +65.3% (also strategic collaboration with Astelas Pharma (ALPMY); also updated Phase 1 results for PSMA-targeting, PRO-XTEN dual-masked T-cell engager VIR-5500), MYGN +18.3%, SGHC +18.1% (increases dividend) KEYS +15.5%, MAX +14.8% (also increases share repurchase authorization to $100 mln), TARS +10.3%, DHC +8.9%, FWRD +7.8%, ADEA +6.9%, SIBN +6.6%, BWXT +5.4%, AESI +4.5%, IIPR +3.7%, VVX +3%, GLPG +2.2% (also advances cell therapy wind-down), ACVA +2.1%, BBBY +2%, VNOM +1.2% (also increases dividend; also increases share repurchase authorization by $1 bln), RHP +0.4%, SKWD +0.3%, OVV +0.3% (also new shareholder return framework)
Companies trading higher in after hours in reaction to news: BETR +3.7% (strategic partnership with Framework Ventures), EMPD +3.6% (shareholder calls for resignation of CEO and entire Board), IONQ +1.7% (selected to support Missile Defense Agency SHIELD IDIQ contract), ERO +1.5% (results of the preliminary economic assessment on the Furnas Copper-Gold Project), PSKY +1.3% (Paramount Skydance raises its offer for Warner Bros (WBD), according to Bloomberg), RCUS +1% (new data for its HIF-2a Inhibitor Casdatifan), FMC +0.9% (receives dual mode of action herbicide classification for rimisoxafen), BNC +0.6% (YZILabs Management responds to CEA Industries' proposed amendments to asset management agreement), BSX +0.6% (increases share repurchase authorization by $4 bln), CDW +0.5% (mixed shelf offering), DHT +0.4% (entered into a one-year time charter agreement at $105,000 per day for the VLCC DHT Redwood), IVR +0.4% (mixed shelf offering), NFLX +0.4% (Paramount Skydance raises its offer for Warner Bros (WBD), according to Bloomberg), THO +0.2% (to organize its North America RV OEM operations into two operating groups), AAL +0.2% (mixed shelf offering), WBD +0.2% (Paramount Skydance raises its offer for Warner Bros (WBD), according to Bloomberg), CLF +0.2% (appoints new lead Director), UBER +0.1% (to acquire SpotHero, bringing parking reservations onto the Uber app)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: UCTT -12.5%, ZD -8.1%, HIMS -6.7%, PAY -5.3%, PRIM -5.2%, CWEN -4.1%, INVX -3.5%, FANG -2.8%, KTOS -2.7%, BMRN -2.5%, EVER -2.2%, ERIE -2%, APLE -1.6%, OKE -1.5%, ALSN -0.7%, GNW -0.6%, BCC -0.2%,
Companies trading lower in after hours in reaction to news: TARA -19.2% (updated interim results from its ongoing Phase 2 open-label ADVANCED-2 trial assessing intravesical TARA-002), MGNX -10.3% (FDA places partial clinical hold on Phase 2 LINNET study of lorigerlimab), WHR -8% (stock offering), TNDM -5% (convertible notes offering), AVAV -1.6% (CFO to retire), ED -1.3% (stock offering), RDN -1% (mixed shelf offering), KDP -0.9% (updated financing plan for JDE Peet's acquisition), XP -0.5% (stock offering by selling shareholders), CRML -0.3% (stock offering by selling shareholders)