After Hours Summary: SMTC +7.3%, EGHT +6.4%, WSM +5.8%, WB -5.6%, SINA -4.3% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: SMTC +7.3%, EGHT +6.4%, WSM +5.8%, SPTN +3.3%, IDCC +2.5%, RXN +0.6%, LB +0.3%
Companies trading higher in after hours in reaction to news: SN +8.5% (announced it doubled its proved reserves and production with $639 mln acquisition of 106k contiguous net acres in the Eagle Ford trend of South Texas; immediately accretive to earnings and cash flow per share), LINE +5.4% (co and LinnCo (LNCO) announced agreement to trade a portion of its Permian Basin properties to Exxon Mobil (XOM) and its wholly owned subsidiary XTO Energy for operating interests in the Hugoton Basin)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: WB -5.6%, SINA -4.3%, ANW -2.4%, SNPS -1.9%
Companies trading lower in after hours in reaction to news: TRNO -4.1% (announced public follow-on offering of 6,500,000 shares of common stock), CDW -2.6% (filed for 15 mln common stock shelf offering by selling stockholders, including CEO, CFO and members of management), RLJ -2.4% (announced 7.5 mln public offering of common shares), JGW -1.2% (filed for ~18.405 mln share common stock offering by selling shareholders; co also announced approval of a $15 mln share repurchase program)