After Hours Summary: CGC -11.5%, CSCO -8%, A / VIPS +8%, PRSP +7%, NTAP +4% among notable earnings/guidance moversAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: A +8.1%, VIPS +8%, PRSP +7%, NTAP +4.0%, RPAY +1.9%
Companies trading higher in after hours in reaction to news: PVTL +71.1% (VMware and Pivotal Software are proceeding to negotiate transaction to acquire all of the outstanding shares of Class A common stock of Pivotal for cash at a per share price equal to $15.00), SGMS +0.4% (Einhorn's Greenlight discloses new position), LM +0.4% (Trian Fund discloses new position), BRK.B +0.4% (Bill Ackman's Pershing discloses new position)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CGC -11.5%, CSCO -7.7%, HOLI -1.6% (light volume)
Companies trading lower in after hours in reaction to news: VMW -3.3% / DELL -2% (Dell Technologies discloses VMware / Pivotal acquisition discussions), CAT -0.4% (initiated with an Underweight at Stephens)
Canopy Growth (CGC) leading cannabis stocks lower: ACB -3.6%, OGI -2%, CRON -1.9%, TLRY -1.4%, NBEV -0.9%