After Hours Summary: BBBY -15%, CMTL -13% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: HAIR +7.4% (initiated with Outperform at William Blair), AZO +1.1% (authorized the repurchase of an additional $1.250 bln of common stock), PYPL +0.6%/ MA +0.3% / V +0.2% (initiated with Outperform at BMO Capital Mkts), EXP +0.4% (initiated with Outperform at Macquarie)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BBBY -14.6%, CMTL -12.9% (also promotes Michael Porcelain to Chief Operating Officer and Michael Bondi to Chief Financial Officer)
Companies trading lower in after hours in reaction to news: CCXI -10.9% (ticking lower; announces proposed offering of $75 million in common stock), ROYT -5.7% (light volume after declaring lower monthly distribution), KRP -1.9% (thinly traded; commenced 3 mln common unit underwritten public offering ), TLRY -1.7% (ongoing volatility), ALDX -0.4% (to offer 5.25 mln shares of common stock in underwritten public offering)