After Hours Summary: Big names fall on earnings -- WDC -9.7%, AAPL -3.7%, SBUX -3.7%, AMZN -3.3%; ZEN -18.6% down sharply on deal to acquire MNTV; TEAM +9%, X +7.1% higher on earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ATEN +10.9%, TEAM +9%, X +7.1% (also $300 mln stock repurchase program; increases dividend), AVT +4.4%, SM +4.2%, RILY +3.8%, CWST +3.4%, ACHC +2.8%, VCRA +2.8%, NATI +2.7%, NXGN +2.5% (also authorizes $60 mln stock repurchase plan), RSG +2.4%, BIO +2.1%, AVTR +1.7%, ENVA +1.7%, PTCT +1.5%, EB +1.2%, MSTR +1.1%, SKX +1.1%, FE +1%, AX +0.8%, DECK +0.8%, OPK +0.8%, SKYW +0.8%, ASPN +0.6%, LTH +0.6%, MERC +0.5%, TFII +0.3%, CHE +0.2%, DRQ +0.2%, HIG +0.2%, HTH +0.2%, KMPR +0.2%, TXRH +0.2%, DXCM +0.1%, HUBG +0.1%, MHK +0.1%, OFC +0.1%, RMD +0.1%
Companies trading higher in after hours in reaction to news: XELA +16.6% (partners with CareSource), TWNT +3.1% (to combine with Terran Orbital), CNK +1.8% (to heighten focus on gaming initiatives), RETA +0.7% (submits MAA for bardoxolone methyl to the EMA), BCC +0.5% (increases dividend), ECL +0.5% (to acquire Purolite for $3.7 bln in cash), ATVI +0.2% (acquires mobile game developer Digital Legends)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ZEN -18.6% (also ZEN to acquire MNTV, including its SurveyMonkey platform), POLY -10%, WDC -9.7%, DVA -7.4%, POWI -6.5%, COHU -5.9%, WERN -5%, FTDR -4.3%, SPNE -4.2%, AAPL -3.7%, SBUX -3.7% (also commits to $20 bln of share repurchases and dividends over next 3 yrs), AMZN -3.3%, MPWR -3.3%, SYK -3.2%, TEX -3.1%, SSNC -2.9%, HVT -2.3%, TVTX -2.2%, ATR -2%, GILD -2% (also GILD and MRK announce clinical trial combination for Trodelvy in combination with KEYTRUDA), LMAT -2%, LTC -1.4%, CVA -1.3%, EMN -1%, AUY -0.5%, CDNA -0.5%, STAG -0.2%, AJG -0.1%, CPT -0.1%, HTGC -0.1%, PEB -0.1%, KRG -0.1%
Companies trading lower in after hours in reaction to news: MNTV -10.7% (ZEN to acquire MNTV; also guides Q3 revs slightly above consensus), LITE -4.1% (in sympathy with Apple earnings), QRVO -2.3% (in sympathy with Apple earnings), STX -2.3% (in sympathy with WDC earnings/guidance), CRUS -2.1% (in sympathy with Apple earnings), SWKS -1.9% (in sympathy with Apple earnings), MU -1.8% (in sympathy with WDC earnings/guidance), ETSY -1.3% (in sympathy with AMZN earnings), LPL -1.2% (in sympathy with Apple earnings), AVGO -1.2% (in sympathy with Apple earnings), FLR -1.1% (signs MOU with Bulgarian Energy for new nuclear power units), ROP -0.5% (files mixed securities shelf offering), MRK -0.2% (GILD and MRK announce clinical trial combination for Trodelvy in combination with KEYTRUDA), A -0.2% (PD-L1 IHC 22C3 pharmDx assay now labelled for use in TNBC in the European Union), LLY -0.1% (announces publication of Phase 3 monarchE study data), NOC -0.1% (receives $300 mln Air Force contract)