After Hours Summary: MRVL +7%, CRM +5%, NUAN +2% following earnings/guidance, SCTY +2% and TSLA +1% on shareholders' merger approval... GPS -4.9%, WSM -4%, AMAT -1% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MRVL +7.1%, KOOL +6.2% (thinly traded), CRM +5.2%, ROST +3.3%, KEYS +2.2%, POST +1.7%, SPWH +1.6%, NUAN +1.6% (also extends Paul Ricci's contract as Chairman and CEO)
Companies trading higher in after hours in reaction to news: SYUT +23.2% (Synutra agrees to be taken private for $6.05/share in cash), HRG +11.5% (HRG Group confirms evaluating potential strategic alternatives to maximize shareholder value; Pres/CEO plans 2017 departure), DRYS +10.7% (modestly rebounding), GLBS +9.4% (will report Q3 results after the close on Monday, Nov 21), FCEL +6.7% (FuelCell Energy announces a contract with Alberta Innovates for an engineering study on a fuel cell carbon capture application at a Husky Energy-owned heavy oil thermal facility), PIP +5% (announces a $2.91 special cash dividend), SCTY +2% and TSLA +0.7% (Tesla Motors shareholders approve proposed merger with SolarCity), MNK +1% (modestly rebounding, presented study that addresses possible impact of H.P. Acthar Gel on use of corticosteroids among patients with rheumatoid arthritis, lupus, and dermatomyositis/polymyositis)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GPS -4.9%, WSM -4%, AMAT -1.1%
Companies trading lower in after hours in reaction to news: KTOS -11.5% (intends to offer and sell shares of its common stock in an underwritten public offering pursuant to an effective shelf registration statement; size not disclosed), EMES -5.7% (commences an underwritten public offering of 2,750,000 common units), RGC -4.7% (to sell 13,000,000 shares of Class A common stock by Anschutz Corporation and certain of its affiliates), RLOG -3.3% (continued strength), VRX -1.1% (Aceto launches generic for Valeant's Benzamycin Gel to treat acne vulgaris)