Closing Market Summary: NFLX +8.2% jumps as net adds better than expected, other streaming names also higher; OMC +7.1% also up big on earnings
After Hours Summary:After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NFLX +8.2% (also to acquire animation studio Animal Logic), OMC +7.1%, FULT +3.6%, NBHC +3.3%, MATX +1.7%, CALM +0.5% (also to pay $0.75/sh dividend as part of variable div policy)
Companies trading higher in after hours in reaction to news: AEHR +7.1% (receives $12.8 mln in orders from its lead silicon carbide test and burn-in customer), ROKU +2.9% (in sympathy with NFLX earnings), FUBO +2.7% (in sympathy with NFLX earnings), INZY +2.4% (announces preliminary data from Phase 1/2 trial of INZ-701), DIS +2.4% (in sympathy with NFLX earnings), WBD +1.8% (in sympathy with NFLX earnings; also plans to add massive collection of A24 films to HBO Max, according to ScreenRant), PARA +1.2% (in sympathy with NFLX earnings), TSLA +1% (ordered to pay $10.5 mln in from car accident, according to Reuters), AIR +1% (awarded a Captains of Industry contract with the Defense Logistics Agency), NVAX +0.7% (confirms that CDC Advisory Committee voted unanimously to recommend COVID-19 vaccine), VALE +0.5% (provides Q2 production and sales data), GOGL +0.4% (files mixed securities shelf offering), EA +0.4% (CTO to depart; co to structure with two pillars, naming two separate CTOs for each division), BA +0.4% (VietJet places order for 200 737 MAX jets, according to Bloomberg), BV +0.1% (acquires commercial landscaping co), DCP +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FOR -17%, IBKR -1.4%, JBHT -1.3%, PNFP -0.4%
Companies trading lower in after hours in reaction to news: VBLT -78% (announces top-line data from OVAL Trial), RVMD -9.8% (stock offering), LQDA -3.9% (US patent office rules in its favor), OMIC -2.4% (files for $250 mln mixed securities shelf offering), LSCC -1.5% (collaborates with LG to bring edge AI technology to LG's 2022 premium laptop lineup), BLTE -0.7% (submits IND application to FDA for LBS-008 Phase 3 clinical trial), XOS -0.5% (announces Q2 deliveries), QGEN -0.3% (surpasses 3 mln NGS patient test cases), KKR -0.1% (acquires Atlantic Yards from Hines)