After Hours Summary: PRGS -15%, MU -6.5%, CAMP -5% following earnings/guidance, LTM +44% on Delta partnership/investment newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MTN +3.9%
Companies trading higher in after hours in reaction to news: LTM +44.3% (LATAM Airlines and Delta [DAL] confirm airline partnership in Americas; Delta will invest $1.9 bln for 20% stake in LATAM), PSNL +5.8% (awarded new task order from VA's Million Veteran Program; total awarded to-date is now approx. $145 mln), LVS +4.3% (to join S&P 500), SGH +3.1% (responds to "inaccurate and misleading statements"; will address on earnings call Oct 3 at 4:30 p.m. ET), NKTR +1.4% (to join S&P MidCap 400)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PRGS -15.3%, MU -6.5%, CAMP -5.4%
Companies trading lower in after hours in reaction to news: GOL -9.4% (CNBC reporting Delta planning to sell its minority Gol stake), TDW -2% (light volume; announces organizational changes and continued streamlining of operations; COO Jeffrey Gorski and General Counsel/Corporate Secretary Bruce Lundstrom to resign effective September 30), EBAY -0.8% (downgraded to Market Perform from Outperform at Wells Fargo)
Micron (MU) leading chip stocks lower after hours (ETFs: SMH -1.1%, SOXX -0.9%): AMAT -3.2%, WDC -2.6%, LRCX -2.4%, KLAC -1.8%, XLNX -1.2%, AMD -1.1%, TXN -0.9%, INTC -0.8%, AVGO -0.7%