After Hours Summary: VSAT -12.6%, MOD -8%, SKY -4.2% lower on earnings; URBN +1.6%, TOL +1% higher on earnings; UNFI +5.2% extends wholesale grocery distribution partnership with Whole Foods
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ALVO +18.7%, URBN +1.6%, TOL +1%
Companies trading higher in after hours in reaction to news: RZLT +56% (topline results from phase 2 proof of concept study of rz402), UNFI +5.2% (extends wholesale grocery distribution partnership with Whole Foods), SWAV +1.4% (merger with JNJ update: required waiting period under HSR Act expired), FROG +1.3% (FROG announces new integration with DDOG), ANGO +0.3% (European CE Mark approval of the AlphaVac F1885 System), REPX +0.1% (to expand scope of JV)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VSAT -12.6%, MOD -8%, SKY -4.2% (also authorizes new $100 mln share repurchase program), XP -3.5%
Companies trading lower in after hours in reaction to news: LFST -10.7% (20 mln share offering by selling shareholders), IAG -8.1% (announces $300 mln bought deal financing), CAE -6.3% (announces re-baselining of its Defense business, Defense impairments, accelerated risk recognition on Legacy Contracts, names new COO, provides MarQ guidance), HAE -5.6% ($525 convertible notes offering), LULU -2.2% (implementing new organizational structure; Chief Product Officer departs), HHH -2.1% (announces victory for 250 Water street project in lower Manhattan), NIO -0.6% (stock offering), DDOG -0.3% (FROG announces new integration with DDOG), TAC -0.1% (wind project achieves commercial operation), MTB -0.1% (increases dividend)