After Hours Summary: GES -13.5%, MU +4.3%, WSM +2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MU +4.3%, WSM +2%, WPM +1%,
Companies trading higher in after hours in reaction to news: CFMS +10.5% (after closing 21% higher on the day), PTE +4.3% (initiated with a Outperform and $26 tgt at Evercore ISI), STNE +2.7% (tgt raised to $47 from $35 at Morgan Stanley), WDC +2% (MU sympathy), MTG +0.7% (authorizes $200 mln additional share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GES -13.5%, QADA -7.4% (light volume), UNIT -7.2% (also declared quarterly cash dividend yesterday of $0.05 per share, prior $0.60 per share), WEX -2% (light volume), KLXE -1.2% (acquired two oilfield services companies; raises 2019 guidance)
Companies trading lower in after hours in reaction to news: CBMG -6.5% (proposed follow-on offering of common stock), BA -0.7% (ongoing volatility; also reports out that the FBI joined criminal probe into 737 Max certification), ADBE -0.7% (ticking lower; EVP sold ~6K shares worth ~$1.5 mln), CHGG -0.6% (to offer $500.0 mln of convertible senior notes due 2025), LRCX -0.4% (attributed to MU CapEx guidance)