After Hours Summary: IOT +14.7%, FNKO +13.4%, DOCU +9.5%, GPS +4.4% higher on earnings; BBAI -18.3%, MDB -7.4%, MRVL -5.4%, GWRE -4.3%, COST -3.5%, AVGO -1.6% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PRCH +21.9%, IOT +14.7%, FNKO +13.4% (also CFO/ COO Steve Nave to resign; names new CFO; COO position to remain unfilled), GRND +12.4%, DOCU +9.5%, SWBI +8.6%, GPS +4.4%, METC +0.3%
Companies trading higher in after hours in reaction to news: BGNE +2.9% (announces FDA accelerated approval of BRUKINSA), SPRY +1.7% (reviews recent clinical updates and commercial opportunity), MEC +0.9% (files mixed shelf securities offering), TCPC +0.7% (TCPC and BKCC shareholders approve merger), CLF +0.4% (increases current spot market base prices), MDT +0.3% (authorizes new $5 bln share repurchase program), BKCC +0.3% (TCPC and BKCC shareholders approve merger), HUM +0.1% (files mixed shelf securities offering), ASO +0.1% (increases dividend), VINP +0.1% (agrees to combination with Compass to create Latin American alternative asset manager)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: COOK -20.7%, BBAI -18.3%, ASLE -18.1%, SVV -10.4%, DOMO -8.5%, MGNX -8.3%, MDB -7.4%, MRVL -5.4% (also authorizes new $3 bln share repurchase program), ARCT -5.1%, GWRE -4.3%, COST -3.5%, EOLS -2.4%, RWAY -2.3%, AVGO -1.6%, LOCO -0.7%
Companies trading lower in after hours in reaction to news: DKL -7.8% ($120 mln common unit offering), NDLS -6.2% (names new CEO), MAX -4.3% (launches 3 mln share offering), ALDX -2.3% (files $200 mln mixed shelf securities offering), ZYME -2.1% (files for 5,086,521 shares of common stock by selling shareholders), AKRO -1.9% (announces publication of Phase 2b SYMMETRY Cohort D Study), LCTX -1.8% (files $200 mln mixed shelf securities offering), MBI -1.4% (CFO to step down, names new CFO), AGCO -1.1% (files mixed shelf securities offering), FWRG -1% (6 mln share offering), ML -0.8% (files $50 mln mixed shelf securities offering)