After Hours Summary: LULU +15% and AVGO +4.4% following earnings/guidance, semi names higher... RH -24%, BOOT -15%, ZUMZ -8%, VMW -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LULU +15.2% (also unveils plan to restructure its ivivva operations), ONCS +4.4%, AVGO +4.4%
Companies trading higher in after hours in reaction to news: GOOS +6.1% (ahead of earnings tomorrow), SGYP +5.5% (initiated with a Overweight at Cantor Fitzgerald; tgt $11), LL +2.1% and FDX +0.3% (following CNBC's Fast Money? mention), AVAV +2% (ticking higher; to provide Wasp AE systems over three years with multi-year training and support; Total contract value to AeroVironment of up to USD $36.5 million), TGNA +1.6% (light volume, completed spin-off today), MBT +1.6% (still checking), PK +0.3% (announces 15 mln share secondary offering by selling stockholders affiliated with The Blackstone Group), NKE +0.3% (LULU sympathy)
Broadcom (AVGO) earnings/guidance boosting select Semiconductors - NEC names in after hours trade (ETFs - SMH +0.2%, SOXX +0.2%): MRVL +1.1%, ADI +1%, QRVO +0.8%, SWKS +0.3%
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RH -23.8%, BOOT -15.4%, ZUMZ -8.3% (also reports May comps of +3.3% vs -7.6% year ago and +7.8% last month), GWRE -3.3%, VMW -1.7%, WDAY -1.2%
Companies trading lower in after hours in reaction to news: SVRA -10.9% (to offer and sell shares of common stock in an underwritten public offering), RETA -7.8% (announces data from Phase 2 trial of omaveloxolone for the treatment of Friedreich's ataxia), EPE -1.7% (assumed with Underperform from Neutral at Credit Suisse), DVMT -1.8% (VMW sympathy-DVMT reports earnings next week), WSM -1.6% and W -0.5% (RH sympathy), APTI -1.4% (modestly pulling back; appointed Zillow exec to Board)