After Hours Summary: CRUS +9.6%, MED +9.6%, INSP +9.8% up big on earnings; SEDG -18.9%, FRPT -7.2%, PYPL -6.1% down on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: INSP +9.8%, ANET +9.7%, CRUS +9.6% (also names new CEO), MED +9.6%, HALO +9.2%, CDLX +8.6%, JAZZ +8.5%, VNOM +5.3%, PAA +5.2% (also announces $500 mln common equity repurchase program), JCOM +5.1%, RMBS +3.6%, MATX +3.4%, SIMO +3.1%, AMC +2.8%, FANG +2.6%, MIME +2.5%, TREX +1.7%, ECPG +1.6%, WPX +1.2%, SRC +1%, KFRC +0.8%, SBAC +0.2%, OGS +0.1%, ONTO +0.1%, STE +0.1%, VNO +0.1%, WMB +0.1%
Companies trading higher in after hours in reaction to news: IEA +19.4% (announces JV with FH Paschen for the West Lake Corridor rail expansion, valued at over $550 mln), KPTI +10% (announces Phase 3 SEAL study of XPOVIO met primary endpoint; also announces earnings), NGL +4.1% (provides update on bankruptcy proceedings), PAGP +3% (PAGP and PAA announce $500 mln common equity repurchase program), HII +1.7% (awarded $280 mln Navy contract), TWTR +1.5% (announces conclusions from Mgmt Structure Committee evaluation; to begin authorized share repurchase program), NEE +0.3% (to sell interests in portfolio of renewable assets for $1.3 bln in total proceeds, to NEP and KKR), EVR +0.1% (stock offering)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SEDG -18.9%, OSPN -15.4%, KMT -9.8%, FRPT -7.2%, BRKR -6.2%, DOOR -6.2%, LEG -6.2%, PYPL -6.1%, PACB -5.7%, NPTN -5.5%, OMI -5.5%, ICHR -5.3%, ESPR -4.3%, MOS -3.5%, NTR -3.2%, O -2.7%, AIZ -1.8%, MDLZ -1.5%, SWKS -1.1%, NCMI -1%, EVER -0.6%, FMC -0.2%, PUMP -0.2%, ADTN -0.1%, CNO -0.1%, DEI -0.1%, IR -0.1%, KMPR -0.1%
Companies trading lower in after hours in reaction to news: AUPH -10% (Phase 2/3 data for dry eye syndrome did not meet primary endpoint), DRRX -5.6% (names new Chief Medical Officer), TRIL -2.5% (names new Chief Medical Officer; announces formation of Scientific Advisory Board), COUP -2% (stock offering), VOXX -1.6% (enters standstill agreement with Avalon Park and Kahli Holding), BAND -1.2% (stock offering), RCL -1.2% (extends suspension of cruising), GILD -0.1% (GILD and GLPG announce EMA validation of marketing application for filgotinib for ulcerative colitis), HRTG -0.1% (new CEO), AMZN -0.1% (AWS announces general availability of Amazon EC2 P4d Instances)