TICKER ALERT: WRAPX
After Hours Summary: IRBT -17%, TER +17%, EW +11.5%, SNAP / MANH +10%, TXN +7% among notable earnings/guidance moversAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TER +17.1%, EW +11.5%, SNAP +9.9%, MANH +9.8%, TXN +6.7%, CSL +4.2% (light volume), CMG +3.6%, DFS +2.3%, NAVI +2.2%
Companies trading higher in after hours in reaction to news: JNCE +36.9% (provides update on strategic Celgene [CELG] collaboration -- Celgene has licensed worldwide rights to JTX-8064), GHDX +7.5% (to join S&P SmallCap 600), ITCI +5.6% (modestly rebounding from today's 32% decline), OLBK +5.2% (Old Line Bancshares merging with WesBanco [WSBC]; OLBK to recieve 0.7844 shares of WSBC, valuing the company at $500 mln, or $29.56/share), TLRY +1.6% (Smith & Sinclair confirms it has been acquired for an undisclosed figure by Tilray), WFC +0.4% (confirms increase of quarterly common stock dividend to $0.51/share from $0.45/share and increases common stock repurchase authority by an additional 350 mln shares)
Semi/chip names are higher following Teradyne (TER) / Texas Instruments (TXN) quarterly reports (ETFs SMH +1.3%, SOXX +1.2%): ADI +2.7%, NXPI +2%, ON +1.5%, MXIM +1.3%, MU +0.9%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: IRBT -17.4%, SPN -2.8%, WSBC -0.8% (also Old Line Bancshares merging with WesBanco; OLBK to recieve 0.7844 shares of WSBC, valuing the company at $500 mln)
Companies trading lower in after hours in reaction to news: SGEN -3.9% (proposed public offering of 6.0 mln shares of common stock), CROX -2.4% (still checking - co is scheduled to report earnings Aug 1), SD -2.1% (light volume; filed for $500 mln mixed securities shelf offering), FB -1.7%, AMZN -1.2%, GOOGL -0.9%, MSFT -0.4% (lower on DOJ antitrust review news; DOJ confirmed it is "reviewing the practices of market-leading online platforms")