After Hours Summary: SKX +8.9%, FTNT +8.2%, FB +5.1%, ANGI -17.5%, TRIP -11.4%, T -1.3% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: SKX +8.9%, FTNT +8.2%, DWCH +6%, EGHT +5.1%, FB +5.1%, HBI +5%, RCKY +4.8%, ORLY +4.4%, RJF +4%, INFN +3.8%, SUSQ +0.9%, ALSN +0.8%, AF +0.7%, ILMN +0.6%, FFIV +0.5%, CTXS +0.2%
Companies trading higher in after hours in reaction to news: SPNC +6.9% (announced FDA clearance of peripheral laser atherectomy devices for in-stent restenosis), APP +4.6% (disclosed details of new Board of Directors), JMBA +3.8% (Engaged Capital disclosed 7.0% stake in SC 13D filing; believe the Issuer possesses multiple paths to value creation, expects to continue to have discussions with the Issuer's management), LL +0.9% (responded to lawsuit allegations, stating, "The allegations in this lawsuit concerning our product are simply flat-out false"), FLR +0.1% (U.S. Department of Energy awarded Fluor $420 mln 3-year contract for Paducah deactivation and shutdown)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ANGI -17.5%, TRIP -11.4%, TIS -7.4%, CRUS -6.1%, QCOM -4.4%, TER -3.8%, VAR -2.9%, TQNT -2.8%, PLCM -2.4%, CLF -2.2%, CAKE -1.5%, TEX -1.4%, ETFC -1.4%, T -1.3%, GILD -1.1%, SGMO -1%, DMRC -0.8%, IIN -0.7%, KALU -0.3%, TSCO -0.3%, RE -0.1%
Companies trading lower in after hours in reaction to news: GPRC -13.2% (reported receipt of notice from DTC of plans to impose 'global lock' on its securities; company says DTC plans are 'unfair and unnecessarily damaging to current shareholders and is reviewing options'), INCY -8.1% (announced top-line results from RELIEF trial of ruxolitinib in patients with polycythemia vera; statistical significance not achieved for the primary endpoint of symptom control; positive trends in favor of ruxolitinib versus hydroxyurea observed), MHFI -7.6% (received Wells Notice from SEC regarding S&P's rating of six commercial mortgage backed securities transactions in 2011), CALI -5.3% (co said it will vigorously oppose 'grossly unfair and damaging' plan by Depository Trust Company to impose 'global lock' on its securities), INO -4.% (filed for $175 mln mixed securities shelf offering), GOV -3.5% (announced proposed public offering of 12 mln common shares)