After Hours Summary: GLUU +23.7%, INUV +14%, FOE +8%, YELP -14.7%, DXCM -6.2%, FORM -5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: GLUU +23.7%, INUV +14%, FOE +8%, ARII +7.7%, HDSN +7.4%, EQIX +5.2%, LOCK +5.1%, HOS +5.1%, AR +4.9%, RRTS +4.5%, PPC +3.4%, ATW +2.8%, NE +2.8%, AFFX +2.5%, O +2.4%, EROC +2%, QUIK +2%, LQ +1.3%, SPRT +1.2%, ARRS +0.9%, ESV +0.9%, EPE +0.2%, AVG +0.2%, EQY +0.1%, BSAC +0%
Companies trading higher in after hours in reaction to news: GLUU +23.7% (announced that Tencent (TCEHY) has agreed to purchase 21 million shares of Glu's common stock at a price of $6.00 per share for total consideration of $126 mln; announced partnership with Britney Spears; co also reported earnings), CNSI +10.0% (to divest BSS Business to Amdocs (DOX) for total purchase price of $272 mln), FOE +8.0% (to acquire global inorganic pigments manufacturer Nubiola; co also reported earnings), OVTI +5.5% (Bloomberg reporting co is near a deal to be acquired by Hua Capital for ~$29 per share, or $1.68 bln), GTI +2.8% (Board approved agreement for sale of $150 mln of 7% convertible preferred shares to Brookfield Asset Management (BAM); co entered into a separate letter of intent for a possible tender offer by BAM to acquire GTI shares at $5.05 per share; co also reported earnings),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: YELP -14.7%, DXCM -6.2%, FORM -5%, FLEX -4.9%, CAVM -3.7%, KEX -3.5%, SFLY -3.2%, BIDU -2.8%, LXRX -2.8%, SAM -2.8%, BLKB -2.6%, WLL -2.6%, DYAX -2.4%, ASH -2.4%, CBT -1.9%, NGD -1.8%, LNC -1.7%, MAR -1.6%, TEX -1.6%, ROG -1.3%, MUR -1.2%, POWI -1%, VRTX -1%, TAL -0.8%, ARR -0.4%, MTGE -0.3%, MTW -0.2%
Companies trading lower in after hours in reaction to news: INO -7.4% (announced a public offering of common stock; size and price not disclosed), STNG -5.5% (announced public offering of 15 mln shares of common stock), FLEX -4.9% (to acquire Mirror Controls International from private equity firm Egeria in an all cash transaction valuing its share capital at €457 mln, or $494 mln USD; co also reported earnings), ADXS -4.2% (announced a proposed public offering of common stock; size and price details not disclosed), ESI -2.3% (announced that CFO Daniel Fitzpatrick will retire, effective October 29, 2015; and a new student enrollment drop of 15.8% Y/Y in