After Hours Summary: GoPro (GPRO), Oracle (ORCL), rise on upbeat guidance; Guess (GES) -12% on light Q4 and underwhelming guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GALE +12.8%, SKLN +12.5%, ALRM +9.8%, FRSH +8.7%, GPRO +8.7%, CLRB +7.8%, IDRA +6.6%, GV +5.8%, ORCL +5.5%, CPRX +5.2%, YRD +4.5%, WSM +3.9%, RMTI +3.6%, SYNC +3.2%, CVRS +2.2%, CALL +1.9%.
Companies trading higher in after hours in reaction to news: KCG +4.4% (Confirms that it has received an unsolicited proposal from Virtu Financial (VIRT) for $18.50-$20.00 per share in cash), GBT +2.6% (Initiated with an Overweight at Cantor), DO +2.3% (Updates on injunction vs. Petrobras (PBR) regarding the Ocean Valor), TSLA +2.1% (Announces offerings of $250 mln of common stock and $750 mln aggregate principal amount of convertible senior notes due in 2022 in concurrent underwritten registered public offerings), TDG +1.8% (Insider buying), BKS +1.7% (Board authorizes new stock repurchase program of up to $50 mln of its common shares), SPWR +1.7% (Enters into a Project Supply Agreement with Next Era Energy Resources), EQC +1.2% (Board adds $150 mln to buyback program).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ARTX -18.2%, GES -12.2%, CNAT -6.3%, INO -5.4%, SAEX -4.1%, TROV -2.9%.
Companies trading lower in after hours in reaction to news: IPI -9.9% (Commences underwritten public offering of shares of its common stock), AVID -8.4% (Postpones conference call to discuss Q4 financial results), PEN -4.1% (Commences an underwritten public offering of 1.3 mln shares of its common stock), ELF -1.3% (Files for $175 mln offering of common stock by selling stockholders), M -1% (Reuters reporting Activist Starboard has sold its stake).