After Hours Summary: GIGA +16.9%, NLS +12.8%, GTAT +10.8%, FIVN -24.5%, SALE -22.3% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: GIGA +16.9%, NLS +12.8%, GTAT +10.8%, STXS +5.6%, PRTA +4.5%, CHGG +4.4%, EPAM +4.4%, JMBA +4.2%, ANV +4.1%, TSRA +3.8%, CAR +3.4%, AIG +2.4%, TST +1.6%, THC +1.1%, Y +0.8%, CUB +0.6%, MDU +0.1%, SLRC +0.1%
Companies trading higher in after hours in reaction to news: USU +13.0% (disclosed an amendment to its agreement with the Department of Energy that provides for additional funds of ~$5.7 mln), GCI +2.0% (Bloomberg reporting that co will buy out remaining stake in Cars.com for $1.8 billion), ESI +1.4% (announced that CEO Kevin M. Modany intends to resign, effective February 4, 2015; John Dean named Executive Chairman; Eugene Feichtner promoted to President and COO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FIVN -24.5%, SALE -22.3%, LF -10.7%, TECU -7.2%, OESX -6%, MDR -3.6%, SYKE -3.1%, ECOM -3.1%, WAIR -2.7%, DRC -2%, AREX -1.9%, SUNS -1.2%, ENH -1.2%, ACUR -1%, MWA -1%, VNR -0.9%, AEIS -0.8%, RTEC -0.8%, KONA -0.7%, CNQR -0.7%, VRNS -0.7%, CKP -0.6%, CUTR -0.2%, ACXM -0.1%
Companies trading lower in after hours in reaction to news: STAY -2.2% (announced launch of secondary offering by selling shareholder), PNRA -2.0% (announced CFO departure; Bill Moreton, Executive Vice Chairman and former CEO, to serve as interim CFO), BERY -1.0% (announced 14,728,218 share secondary public offering by certain funds affiliated with Apollo Global Management), PBR -0.5% (seeing reports that co may fall short of 2014 production expectations)