After Hours Summary: GPRO -17%, AXTI -12%, TSLA -4% following guidance/sales, EPRT +4.6% / CLF +4% on S&P Small Cap 600 addition newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: PBYI +9.5% (announces FDA approval of its labeling supplement for NERLYNX for the extended adjuvant treatment of HER2-positive early stage breast cancer), EYPT +4.8% (announced that the co's permanent and specific J-Code for YUTIQ is now in effect), EPRT +4.6% / CLF +4% (to join S&P Small Cap 600), OKTA +1.2% / CRWD +0.9% (coverage transferred/upgraded to Buy from Hold at SunTrust), ZS +0.7% (initiated with a Buy at SunTrust), TWO +0.5% (initiated with a Outperform at RBC Capital Mkts)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GPRO -17.3%, AXTI -11.9% (lowers Q3 revenue guidance below consensus due to a weaker than expected demand environment), RECN -5.6% (ticking lower), TSLA -3.8% (reports Q3 deliveries 97K, just shy of estimates; reports record net orders, increased backlog), BBBY -1.9%, CLX -0.9% (unveils IGNITE Strategy at Analyst Day; sets long term financial gols, confirms FY20 guidance cut)
Companies trading lower in after hours in reaction to news: CIO -4% (commences public offering of 6.0 mln shares of common stock; intends to use proceeds to repay debt and for working capital purposes), DBX -0.4% (Chief Technology Officer Quentin Clark to step down)
