After Hours Summary: NTAP +6%, LB +3%, SNPS +2% on earnings/guidance, CIE +12% following insider buy disclosure... BGG -14%, ARAY -11%, A -5% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NTAP +5.7%, YY +3.2% (also announces Chairman resignation / promotion of Zhou Chen as new CEO), LB +3%, SNPS +1.6%, CACI +0.3% (light volume)
Companies trading higher in after hours in reaction to news: CIE +12.4% (CFO and CEO each disclosed purchase of 100000 shares)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BGG -14.1%, ARAY -11%, KEYS -8.2%, A -4.8%, CSCO -1.4% (also discloses restructuring plan, will eliminate up to 5,500 positions, representing ~7 percent of its global workforce)
Companies trading lower in after hours in reaction to news: CERU -64.2% (announces top-line results from its Phase 2 trial of its lead candidate, CRLX101, in combination with Avastin; demonstrated no statistically significant difference in median PFS), OMED -10.3% (announces proposed public offering of common stock), PTLA -4.1% (following afternoon sell-off / halt), UIHC -1.4% (ticking lower following resumption - entered into all-stock merger agreement with RDX Holding), SCTY -0.8% (ticking lower - adopts and begins implementing initiatives to realign operating expenses to match the reduced guidance for Megawatts Installed)