After Hours Summary: CBI / MDLZ / ALSN / BURL +5% higher and NLS -10%, SANM -6% lower following earnings/guidance, NSM +6% on potential saleAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UIS +10.7%, APTI +6.9%, STRL +6.5%, EXAS +5.8%, QNST +5.8% (ticking higher), CBI +5.1%, CGNX +4.9% (also announced that its quarterly dividend has been increased to $0.09 per share. The company's stock will undergo a 2-1 split and will begin trading on a split-adjusted basis on December 4), MDLZ +4.7%, ALSN +4.6%, BURL +4.5% (expects Q3 EPS of $0.64-0.66, including $0.02 benefit from the recent accounting change for share-based compensation, vs $0.62 consensus; also sees comps approx. 3.1% vs guidance of 2-3%), TREX +4.2%, MDCA +4%, CRAY +3.4%, LMNX +1.7%
Companies trading higher in after hours in reaction to news: NSM +6.4% (reports the company hired advisors for potential sale), AET +0.7% (ahead of earnings)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NLS -9.8%, SANM -6.2%, NR -5.9%, CMP -5.7% (ticking lower), ELVT -4.3%, AMKR -3.1%, AEIS -2.8% (light volume), NBL -2.7%, OHI -2.2%, CHGG -1.9%, RCII -0.9% (also to explore strategic and financial alternatives, suspends quarterly dividend; Chairman Steven Pepper resigns)
Companies trading lower in after hours in reaction to news: VYGR -12% (announces an update to its VY-AADC program for advanced Parkinson's diseasel; Sanofi 'has decided not to exercise its rights'), OFC -4.4% (commences 8 mln public offering of its common shares of beneficial interest), KOS -3.7% (ticking lower; completed drilling Hippocampe-1 exploration well; reservoirs were encountered in both exploration targets but these proved to be water bearing), GTLS -2% (commences $225 mln offering of Convertible Senior Subordinated Notes due 2024), S -1.4% (continued weakness)