After Hours Summary: GES +16%, PSTG +11%, WSM +9%, PVH +3.6%, HPQ +3% following earnings/guidance, INFO +5% on S&P 500 addition news, AERI +27% on Ph 3 trial update... BF.B -1.6% CEO denies sale speculationAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GES +16.1%, PSTG +10.7%, WSM +8.8%, SBLK +6.2%, CSRA +4.6%, PVH +3.6%, HPQ +3.1%, MOD +3.1%, FSM +3%, SCVL +1.9%, PLUS +1.3%
Companies trading higher in after hours in reaction to news: AERI +27.3% (reports 'successful' primary efficacy results of the 90-day Phase 3 'Mercury 2' registration trial for Roclatan), IDXG +7.3% (is launching a new biomarker to be ordered along with its current molecular thyroid testing options), GLBS +5.4% (continued strength), INFO +4.7% (will replace TEGNA in the S&P 500), GWPH +4.4% (GW Pharma and subsidiary Greenwich Biosciences announce publication of study of Epidiolex in The New England Journal of Medicine; significantly reduced convulsive seizure frequency), EPE +3.7% (announces joint venture with Tesoro to fund oil and natural gas development in Altamont program; the companies also signed a multi-year Crude Oil Supply Agreement), MEIP +3% (initiated with an Outperform at Raymond James), RDUS +2.8% (announced positive top-line results from the completed 24 month ACTIVExtend trial, which met all of its primary and secondary endpoints), IRT +2.2% (will replace Ultratech in the S&P SmallCap 600), SPKE +1.5% (authorized share buyback program of up to $50 mln of Class A common stock), PBYI +1.4% (continued strength), DVMT +0.6% and CRM +0.4% (Salesforce.com and Dell Technologies announced a strategic technology agreement-Salesforce's Intelligent Customer Success Platform to connect Dell sales, service, marketing and more), COL +0.4% (initiated with Outperform at Bernstein; tgt $129), LYV +0.4% (ticking higher, initiated with a Buy at Guggenheim), TRI +0.3% (received approval for the annual renewal of its normal course issuer bid)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: UHAL -3.1% (light volume), NTAP -2.7%, CPRT -2.7%
Companies trading lower in after hours in reaction to news: CMRE -8.5% (plans to offer 12.5 mln shares of its common stock; the Konstantakopoulos family, who in the aggregate own a majority of the shares, have indicated their intention to purchase approximately $10 million of shares in the offering), CORI -6.8% (to sell shares of common stock in an underwritten public offering), SPEX -5.6% (files for $3 mln common stock offering), EVLV -3.3% (announces $4.5 mln registered direct offering of common stock), HOS -2.7% (will be replaced in the S&P SmallCap 600), OZRK -2.4% (agreed to sell 6.6 million shares of its common stock in an underwritten registered public offering), SUI -2% (commences an underwritten public offering of 3,500,000 shares of its common stock), BF.B -1.6% (CEO reiterates that Brown-Forman is not for sale), SNAP -0.9% (Snap under pressure on reports of advertising discounts)