After Hours Summary: CRC +11%, CVNA +10%, BILI +6%, BOX -24%, TDOC -16.5%, WIFI -15%, FIT -14%, HPQ -12%, BKNG -9% among notable earnings/guidance moversAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RUBI +14.8%, CRC +11.1%, CVNA +10%, COLL +9%, TWNK +8.7%, MNST +6.4%, SOI +6.2% (light volume), RGNX +6.1%, BILI +5.7%, TPC +5.5%, ANSS +4.1%, FGEN +4%, JCAP +3.7% (light volume), HGV +3.5%, XLRN +2.4% (light volume), APA +1.4%
Companies trading higher in after hours in reaction to news: TTOO +33% (granted Breakthrough Device designation for the T2Resistance Panel by FDA), SRRA +7.1% (announces late-breaking oral and poster presentations for SRA737 and SRA141 preclinical data at AACR 2019), IMGN +5.7% (modestly rebounding), WBC +5.2% (confirms it has been approached by ZF Friedrichshafen AG and has engaged in preliminary discussions concerning a potential transaction), SXI +3.9% (to sell its Cooking Solutions Group to Middleby for cash purchase price of $105 mln), BMY +3.9% (Bristol-Myers Squibb 8% shareholder Wellington Management says does not support proposed acquisition of Celgene), GH +2.4% (light volume; announces positive results from NILE study), KPTI +2.3% (Point72 Asset Management increases passive stake), RYN +2% (still looking), WES +1.3% (Western Gas Partners unitholders approve to adopt the Contribution Agreement and Agreement and Plan of Merger with Western Gas Equity Partners, LP [WGP]), CVET +0.5% (initiated with Outperform at Raymond James)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BOX -24%, TDOC -16.5%, WIFI -15.3%, FIT -14.4%, HPQ -11.9%, BKNG -9.3%, ORBC -8.8%, PRAH -6.9%, SQ -6.3%, AYX -6.1%, LB -6.1%, PRGO -4.6%, ESTC -4.1%, WING -3.9%, LADR -3.7%, AMED -3.4% (light volume), SRPT -2.1%, FSK -1.8% (ticking lower)
Companies trading lower in after hours in reaction to news: SYNH -27% (delayed previously announced earnings release/call to allow additional time to complete its Form 10-K), TBIO -14.3% (light volume; provides update on cystic fibrosis and ornithine transcarbamylase deficiency programs; FDA to require additional preclinical toxicology data for MRT5201), CELG -9.3% (Bristol-Myers Squibb 8% shareholder Wellington Management says does not support proposed acquisition of Celgene), AAOI -8.9% (announces proposed private offering of $70 mln of Convertible Senior Notes due 2024), SKY -5.9% (announces secondary offering of 10,750,202 shares of common stock by selling shareholders), NOVT -1.6% (after closing 8% higher on the day; files for debt securities and common share shelf offering), EXPE -1.1% / TRIP -0.7% (following BKNG results), UNIT -0.8% (postpones Q4 release to assess the impact of the bankruptcy petition by Windstream Holdings)