After Hours Summary: ALGN +13%, SYNA +8%, WDC +7%, GOOGL / CERN / AMZN +4% all higher following earnings/guidance, activist news lifting HON +5% ... ATHN -16%, GIMO -12%, SBUX / BIDU -5%, INTC / KLAC -4% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ALGN +12.7%, EHTH +8.7%, SYNA +7.8%, BJRI +7.2%, WDC +7.2%, LPLA +4.6%, GOOGL +4%, CERN +3.8%, TRVG +3.8% (increases full-year guidance after Expedia first quarter results), SWN +3.7%, AMZN +3.6%, SMCI +2.9%, MMSI +2.6%, VDSI +2.2%, BRKS +2.2%, VRTX +1.7%, PXLW +1.1%, AEM +1%
Companies trading higher in after hours in reaction to news: HON +4.7% (higher on Third Point stake news; Honeywell responded - intends to take the time necessary to ensure a comprehensive, informed and objective review of the potential separation of the Aerospace business), DELT +3.1% (continued strength after closing near highs), RXDX +1.1% (announces program update on entrectinib; based on FDA feedback, co intends to pursue an NDA submission for entrectinib to support a TRK fusion-positive, tissue agnostic indication)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ATHN -16%, CLD -15%, GIMO -12.2%, ARAY -12%, PCMI -11.3%, MTRX -10.2% (ticking lower; issues downside guidance citing negative impacted by charge on a large power project as well as continuing market softness and project delays), TNDM -9.5%, ELLI -9.2%, ORC -7.7%, FTNT -6%, FLEX -5%, SBUX -4.5%, BIDU -4.5%, TMST -4.5%, ABAX -3.7%, INTC -3.6%, KLAC -3.6%, MHK -3.3% (light volume), CYTK -3.2% (ticking lower), SWKS -2.6%, EXPE -1.7%
Companies trading lower in after hours in reaction to news: FCEL -25% (will offer shares of common stock and warrants to purchase shares of common stock in an underwritten public offering), TRXC -11.9% (commences unit offering, each consisting of one share of its common stock, one Series A warrant to purchase one share of common stock and one Series B warrant to purchase 0.75 shares of common stock;), CYTR -7.7% (confirms proposed public offering of common stock), CRMD -3.8% (lower on light volume after filing for offering of shares of common stock and warrants to purchase shares of common stock under Form 424B5)