After Hours Summary: GWRE +2.4%, ZQK -29.5%, KKD -10.1%, CMCM -1.2% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: GWRE +2.4%
Companies trading higher in after hours in reaction to news: GBLX +32.3% (announced that it has raised $5 million through a private placement of its common stock), FBHS +2.5% (announced $250 mln share repurchase authorization), NVTL +2.4% (Bruce A. Karsh disclosed 8.7% active stake in 13D filing), LLWN +1.7% (confirmed it received a favorable Supreme Court ruling in its patent infringement case), HLF +0.9% (commented on ruling by US Court of Appeals: 'Today's decision validates validates product consumption by participants as a legitimate measure of demand for multi-level marketing companies and rejects Bill Ackman's fundamental thesis')
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ZQK -29.5%, KKD -10.1%, CMCM -1.2%
Companies trading lower in after hours in reaction to news: DRL -3.9% (received letter from FRBNY that co must classify must classify a tax receivable agreement totaling $229.9 million from Commonwealth of Puerto Rico as a loss and write off the asset on the balance sheet of the Company), COMM -3.6% (filed for 15 mln share common stock offering by selling shareholders), WAIR -2.5% (filed for common stock shelf offering by selling stockholders), GOOD -2.1% (announced common stock offering, size not disclosed), NLSN -1.3% (announces secondary offering of 20 mln shares of common stock by selling stockholder), BTH -0.9% (removed from the S&P SmallCap 600), NPSP -0.8% (co disclosed that it has not had any communications with Shire (SHPG) regarding a potential acquisition)