After Hours Summary: FSLY -26.6% down sharply as it lowered Q3 rev guidance; VRTX -11.4% drops on clinical news; SNBR +9.4% is no-snooze fest, stock up big on robust earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ORGO +26.5% (guides Q3 and FY20 revs above consensus), CARS +14.2% (guides Q3 revenue above consensus), SNBR +9.4% (also says intends to resume share repurchases in Q4), VSH +3.7% (raises guidance for Q3 revenue)
Companies trading higher in after hours in reaction to news: ARWR +10.1% (VRTX news seen as positive for ARWR), GNCA +4.3% (announces upcoming data presentations), LIVX +3.1% (stock offering), RDFN +2.6% (convertible notes offering), IGT +1.9% (announces partnership with the NBA), ACI +1.8% (declares first dividend), VCYT +1.6% (announces two presentations), PRPL +1.5% (in sympathy with strong SNBR earnings), CPSS +1.1% (acknowledges receipt of interest from third party), REGN +0.7% (FDA approves Inmazeb for Ebola virus infection), AVNT +0.5% (raises dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FSLY -26.6% (lowers Q3 rev guidance below consensus), ACCD -6.7%, AA -4.9%, UAL -0.1%, PACW -0.1%
Companies trading lower in after hours in reaction to news: VRTX -11.4% (to stop dosing in Phase 2 trial of VX-814 and will discontinue development), LEAF -9% (files for $100 mln mixed shelf offering; also files for 8 mln share offering by selling shareholders), NET -7% (in sympathy with weak FSLY guidance), SIBN -6.3% (stock offering), AKAM -3.8% (in sympathy with weak FSLY guidance), AZRE -3% (files for $250 mln mixed shelf offering; also files for offering by selling shareholders), ROKU -0.5% (says it's pleased with patent non-infringement verdict), AMZN -0.2% (reaches NFL playoff game streaming deal, according to Variety)