After Hours Summary: FTNT +9.7%, CUDA +9.1% higher on earnings/guidance, AYI +1.5% following S&P 500 addition news.... TWTR -13.6%, AAPL -8.3%, CMG -4.2%, CRUS -4.2%, T -1.3% on earnings/guidance, chip/AAPL suppliers lowerAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: WNC +13%, FTNT +9.7%, CUDA +9.1%, HUBG +5%, MKTO +4.4%, TSS +4%, NUVA +3.1%, CREE +2.9%, VNTV +2.2% (also promotes Stephanie Ferris to CFO), PNRA +2.1%, FE +1.9%, TRU +1.6%, EBAY +0.9%, MRCY +0.7%, EW +0.7%, AXS +0.5%, TMK +0.3% (ticking higher), AKAM +0.2% (modestly higher after seeing volatile moves in after hours)
Companies trading higher in after hours in reaction to news: EQC +4.6% (light volume; confirms is under contract to sell its leasehold interest in Hoboken property with gross sale price of $235 mln), ACUR +3.6% (has been issued U.S. Patent No. 9,320,796 by the USPTO pertaining to its Limitx Technology platform), OPB +2.5% (ticking higher; to join S&P SmallCap 600), AYI +1.5% (to join the S&P 500), VSAT +1.3% (light volume; to join S&P MidCap 400), LRCX +0.3% (KLA-Tencor beats by $0.18, misses on revs; KLAC is being acquired by LRCX)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: TWTR -13.6%, BWLD -12.6%, AAPL -8.3%, HRB -6.6% (reports U.S. tax results through April 19 - now expects 2016 adjusted EBITDA margins of ~28%; to streamline operations), CHRW -4.6%, CMG -4.2%, CRUS -4.2%, ZIXI -3.7% (light volume), ARAY -3.3% (also submits 510(k) premarket notification to FDA for its Radixact treatment delivery system ), SLCA -2.8%, BYD -2.4%, ARI -1.9% (ticking lower), COF -1.6%, HAWK -1.5% (light volume), T -1.3%, KLAC -1.2%, AFL -0.7%
Companies trading lower in after hours in reaction to news: MNKD -12.3% (following analyst call after the close; also Mannkind enters into an At Market Issuance Sales Agreement with FBR Capital Markets to issue and sell shares of its common stock having an aggregate offering price of up to $50 mln), MEMP -1.3% (declared Q1 cash distribution of $0.03 per unit, represents $0.07 per unit reduction from MEMP's fourth quarter 2015 distribution)
Semi/chip names (in particular Apple Suppliers) are under pressure following AAPL/CRUS earnings: SWKS -5.2%, QRVO -5%, AVGO -3.7%, QCOM -2.2%, INVN -2.1%, NXPI -2%, MU -1%, TXN -0.9%