After Hours Summary: CUDA +15.5% on earnings/guidance, GPS +4% on SSS... PSMT -5.5%, WDFC -3%, HELE -2.1% on earnings/guidance/SSS, JUNO -27% on FDA clinical hold newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance/SSS: CUDA +15.5%, (also CFO David Faugno will be stepping down August 1 and Dustin Driggs (chief accounting officer and worldwide controller since 2012) will replace Faugno), GPS +4%, (Gap reports June same store sales +2.0% vs -3.6% Retail Metrics consensus - Banana Republic -4% vs -10.3% BR Retail Metrics consensus, Old Navy +5% vs -3.3% Old Navy consensus), APOL +2.2%, (ticking higher; is not providing an updated financial outlook at this time due to the pending merger)
Companies trading higher in after hours in reaction to news: EBIO +48% (announces the IND application for EBI-031 has become effective, co to receive a $22.5 mln milestone payment from F. Hoffman-La Roche & Hoffmann-La Roche), MBLX +14% (thinly traded - says currently engaged in discussions with interested parties concerning alternatives for its biopolymers business and Yield10 crop science program and may engage in discussions with additional parties as it progresses through the strategic review), BXE +3.5% (light volume; to sell a 35% minority interest in the Bellatrix O'Chiese Nees-Ohpawganu'ck deep-cut gas plant at Alder Flats for C$112.5 mln), CGA +1.5% (very thinly traded - discloses entry into various strategic agreements), SYF +0.5% (ticking higher, announces $0.13/share quarterly dividend, $952 mln repurchase program), CDE +0.1% (ticking higher-announced Q2 production of 4.0 mln ounces of silver and 92,726 ounces of gold, or 9.6 mln silver equivalent ounces; co is maintaining 2016 production guidance of 33.8-36.8 mln silver equivalent ounces)
Select CUDA peers are higher in sympathy (all very light volume): JCOM +0.7%, APOG +0.5%, FTNT +0.2%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance/SSS: PSMT -5.5% (reports earnings and June same store sales -1.9% vs -3.0% Retail Metrics consensus), WDFC -3%, HELE -2.1%
Companies trading lower in after hours in reaction to news: JUNO -27.4% (Juno Therapeutics receives notice from the FDA that a clinical hold has been placed on the Phase II clinical trial of JCAR015), LEDS -6.1% (following 200%+ move today), KCG -2.4% (files for offering of 20.21 mln shares of Class A common stock, 2.70 mln Class A Warrants, 2.70 mln Class B Warrants, 2.70 mln Class C Warants, and an additional 8.01 mln shares of Class A common stock on behalf of selling shareholders)
Select JUNO peers/related biotech names are lower in sympathy: KITE -10.4%, BLUE -5%, CELG -1.4%