After Hours Summary: TTD +19%, PBYI +17%, OSTK +16.3%, OLED +8% are higher, while CORT -20%, AVLR -11%, DBX -9.2%, MCHP -7% following earnings/guidance, semi names lowerAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDNA +22.9%, TTD +19.1%, PBYI +17.2%, OSTK +16.3% (also announces that GSR Capital will invest up to $374.55 mln in exchange for common equity in blockchain subsidiary tZERO and common equity in Overstock.com; files mixed securities shelf offering), IIIV +12.8%, OLED +8.4%, ICUI +8.3%, PLNT +5.8%, ROAD +5.6%, SPPI +5.4% (light volume), SA +4.5% (ticking higher), LGF.A +3.2%, WOW +3.2% (also files ~55.91 mln share common stock offering by shareholders), PVG +2.4%, OMER +2.3% (light volume), EPAY +1%
Companies trading higher in after hours in reaction to news: MCC +10.9% (Medley Capital, Sierra Income and Medley Management to merge), LEDS +5.5% (following OLED results), TSLA +2.1% (Tesla Board to meet with bankers next week regarding going private talks, according to CNBC), ATHN +1.9% (attributed to UNH bid speculation), SFIX +1.4% (initiated with a Buy and $38 tgt at SunTrust)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CORT -19.9%, XONE -17.9%, AVLR -11.4%, BW -11.2% (also Covanta to purchase subsidiary of Babcock & Wilcox with operating and maintenance contracts for two Energy-from-Waste facilities for $45 mln), RUN -10%, WTTR -9.6%, DBX -9.2%, RDFN -8.4%, MCHP -7.2%, XON -7.1% (also delays 10-Q filing as it reassess ASC 606), FSCT -5.6%, JCOM -5.1% (ticking lower), CHUY -4.7%, KODK -2.9% (also plans to sell Flexographic Packaging Division), ACXM -2%,
Companies trading lower in after hours in reaction to news: WATT -3.8% (files $75 mln mixed securities shelf offering), NYMT -2.4% (commences 12.5 mln common stock offering), CI -1.3% (CIGNA issued letter to stockholders in response to the second letter released by Carl Icahn, reiterates support for Express [ESRX] merger), MCD -0.5% (FDA, CDC, along with state and local officials are investigating a multi-state outbreak of cyclosporiasis illnesses likely linked to salads from McDonald's restaurants)
Microchip (MCHP) results/cautious commentary is weighing on semi names (ETFs SMH -0.7%, SOXX -0.4%): ON -2.4%, TXN -1.9%, CY -1.4%, NXPI -0.7%, AVGO -0.6%,INTC -0.3%, SWKS -0.3%, MU -0.3%