After Hours Summary: AAPL +7%, EW +6.4%, X +3% following earnings/guidance, Apple suppliers higher... AKAM -12%, TWTR -10.6%, CHRW -6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UIS +8.6%, AAPL +6.8%, EW +6.4%, ZIXI +6.3%, BWLD +5.3%, CAVM +5.2% (light volume - also names Raghib Hussain COO), PNRA +3.8%, MDR +3.6%, (also McDermott and Nakilat-Keppel Offshore Marine announce a MoU for an exclusive cooperation agreement to pursue projects within Qatari waters), X +2.7%, GHL +2.6%, WNC +1.8%, IRBT +1.7%, NCR +1.7%, FSB +1.6%, BXMT +1.3%, TRU +1.1%, AI +1.1% (light volume)
Companies trading higher in after hours in reaction to news: REPH +50.8% (announces its Phase III clinical trial evaluating intravenous (IV) meloxicam (N1539) achieved the primary endpoint), BIND +29% (BIND Therapeutics confirms Pfizer's $40 mln bid is highest and best in 363 auction for substantially all of BIND's assets), LOGM +17.7% (LogMeIn confirms it will merge with Citrix's GoTo family of products in a $1.8 bln deal ; also reported earnings), PTX +9.2% (discloses reorganization of senior management team), ADI +8.4% (Linear Tech confirms deal with Analog Devices, agrees to be acquired for ~$60.00/share, or ~$14.8 bln), FRGI +3.8% (to join the S&P SmallCap 600), ZFGN +2.9% (insider buy disclosures), NSU +0.7% (light volume, 60%-owned subsidiary Bisha Mining Share Co will be increasing its total land package of exploration licenses to 814 square kilometers)
Apple suppliers / related tech names and CAVM peers are trading higher in sympathy: QRVO +4.8%, INVN +2.9%, SWKS +2.7%, CRUS +2.5%, AVGO +2.1%, MXIM +1.9%, NXPI +1.5%, TXN +0.5%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NANO -11.7%, AKAM -11.7%, TWTR -10.6%, RHI -10.3%, RSYS -6.8%, CHRW -5.7%, MTCH -5%, MTSI -4%, UHS -3.8%, ULTI -3.2% (ticking lower), ILMN -3%, BJRI -2.7%, (also expands buyback by $100 mln to $350 mln), ASH -1.7%, JNPR -1.3%
Companies trading lower in after hours in reaction to news: VNOM -3.3% (Viper Energy Partners prices 7,000,000 common units representing limited partner interests at $16/unit), LLTC -1.7% (modestly pulling back from late move higher - Linear Tech confirmed after the close deal with Analog Devices, agrees to be acquired for ~$60.00/share, or ~$14.8 bln), CTXS -1.5% (LogMeIn confirms it will merge with Citrix's GoTo family of products in a $1.8 bln deal ; also reported earnings), WBA -1.3% (Walgreens Boot Alliance announces 15 mln share secondary offering on behalf of selling shareholders)