After Hours Summary: WUBA +6%, CSCO +5%, NTAP -6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NBEV +7%, WUBA +6.1%, CSCO +4.7%, VIPS +3.9%, NTES +3.2%, ZTO +2.6%
Companies trading higher in after hours in reaction to news: ORCL +3.6% (Berkshire Hathaway discloses new stake in quarterly update), COTY +3.4% (extending today's rebound; also Soros disclosed new stake), SVMK +3.4% (continued strength following earnings/Tiger Global stake disclosure), SYMC +2.8% (Starboard, ValueAct and Glenview all disclose new holding in quarterly updates), MNK +1.6% (light volume; Mallinckrodt's SpecGx confirms outcome of FDA Joint Advisory Committee on abuse-deterrent, immediate-release reformulation of Roxicodone), JPM +1.4% (Berkshire Hathaway discloses new stake in quarterly update), ET +1.2% (ticking higher after CEO disclosed the purchase of 2 mln shares), VICI +1.2% (prices upsized public offering of 30 mln shares of common stock at $21.00 per share), HAIN +1.2% (light volume - Pres/CEO disclosed the purchase of 45.8K shares worth more than $1 mln), FE +0.8% (Elliott Management / Paul Singer disclose new stake), BAC +0.7% / GS +0.5% (Berkshire Hathaway discloses increased holdings in quarterly filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MARK -39% (also provides debt repayment update and strategic alternatives exploration news), NTAP -6.1%
Companies trading lower in after hours in reaction to news: HSDT -10.7% (proposes public offering of Class A common stock), AGNC -2.5% (announces public offering of 40.0 mln shares of common stock), NGHC -1% (ticking lower; prices public offering of 5 mln shares of common stock at $24.00 per share