After Hours Summary: ASYS +13%, PANW +7% higher and ZTO -8%, A -4.5%, URBN / INTU -2% lower following earnings/guidance, TWX / T volatility continues in after hoursAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ASYS +12.8%, PANW +6.6%, VIPS +2.3%
Companies trading higher in after hours in reaction to news: CLSN +20.6% (initiated after the close with Outperform and $9 tgt at Oppenheimer), OHGI +19% (ticking higher; confirms in full compliance with Nasdaq Listing Requirements), SNSS +7.3% (initiated after the close with Outperform at Oppenheimer), ATOM +2.1% (ticking higher after reporting customer pipeline growth), GTXI +2.1% (thinly traded; initiated after the close with Outperform rating and $17 tgt at Robert W. Baird), KTOS +1.3% (light volume; provided refinancing update; expects to record one-time charges of approx $13.0 mln in Q4), CTL +0.7% (wins a spot on the General Services Administration's 10-year, $50 bln Alliant 2 program that government agencies can use to purchase information technology services and IT services-based solutions), TWX +0.5% (modestly rebounding following late weakness on DOJ news; TWX / AT&T held call after the close), VALE +0.5% (announces extension of the negotiation period with Federal Prosecutors)
Palo Alto Networks (PANW) earnings strength is lifting cyber security names: FTNT +1.7% (ticking higher), CYBR +1.4%, FEYE +0.8%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ZTO -7.6%, A -4.5%, URBN -2.4%, INTU -1.9%
Companies trading lower in after hours in reaction to news: DPW -6.3% (files for common stock offerings by selling shareholders), SNCR -5.9% (indicated lower after receiving anticipated Nasdaq letter; intends to request hearing), PFGC -2.4% (affiliate of Wellspring Capital Management intends to offer for sale in an underwritten secondary offering 5,000,000 shares of common stock), BKI -2.1% (announces 5 mln share secondary offering by affiliates of Thomas H. Lee Partners; Company intends to repurchase from the underwriter 2 mln shares ), T -0.8% (continued weakness on DOJ news; TWX / AT&T held call after the close)