After Hours Summary: FDX -9.5%, ADBE -3.4%, CHWY -2%, STLD -1% following earnings/guidance, CDW +5% on S&P 500 addition newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: CDW +5.2% (to join S&P 500), TLRD +1.3% (President/CEO and Director each disclosed the purchase of 15K), LTRPA +1.2% (ticking higher; President/CEO disclosed the purchase of ~15K shares of Series B Common Stock worth ~$160K), KDMN +0.8% (announced that the FDA has approved its generic Trientine Hydrochloride Capsules USP, 250 mg), AEO +0.8% (initiated with a Buy at DA Davidson), CACI +0.7% (added to Conviction Buy list at Goldman)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FDX -9.3%, ADBE -3.4%, CHWY -1.9%, STLD -1.1%
Companies trading lower in after hours in reaction to news: IOTS -8.7% (proposes private offering of convertible senior notes due 2024), PTCT -7.7% (commences public offering of $100 mln of shares of common stock and $250 mln convertible senior notes due 2026), TBIO -7.6% (announces commencement of $90 mln offering of common stock), CBAY -3.6% (announces departure of Chief Medical Officer Pol Boudes, ACAD -2.6% (proposes public offering of $250 mln of common stock), CTST -2.3% (extending move lower after announcing Health Canada suspended its license), UPS -2.3% (following FDX earnings/guidance), INVH -1.4% (announces secondary offering of 44 mln shares of common stock by certain selling stockholders affiliated with Blackstone), WLL -1.3% (extending today's 16% move lower), BE -0.9% (after closing more than 20% lower on cautious newsletter report)