After Hours Summary: IRBT / PSDO +13%, CMG / MTCH +10% are notably higher, while VVV / FEYE -8%, SONO / CCK -5% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance/SSS: LCI +13.7%, IRBT +12.8%, PSDO +13.3%, CMG +9.8%, MTCH +9.6%, SRCI +5.6%, NOV +4.6%, ZNGA +4.2%, ORLY +3.5%, FTNT +3.4%, GPRO +1.9%
Companies trading higher in after hours in reaction to news: IAC +5.5% (following MTCH results), ARRY +5.3% (after seeing notable option activity in late trade - coinciding with strength in the underlying stock), IOVA +3.8% (initiated with Outperform at Robert W Baird), GRUB +3.6% / ICE +1.8% (ahead of earnings tomorrow before the open), AAP +3% (following ORLY results), NOK +2.5% / ERIC +2.3% (positive mention on MadMoney), CNC +1.5% (rebounding after CEO appearance on CNBC), PRTK +1.4% (ticking higher after announcing publication of results from OPTIC and OASIS-1 Phase 3 studies of NUZYRA), YELP +1% (activist SQN Investors files proxy statement, intends to solicit proxies for the election of its slate of director nominees at the 2019 annual meeting of stockholders, repeats that it 'knows of multiple buyers who would be interested' in buying Yelp), CTSH +0.7% ( upgraded to Outperform from Market Perform at BMO Capital Markets)
Restaurant/QSR names are higher following Chipotle (CMG) upside earnings/guidance: TACO +5.7%, YUM +2%, DNKN +1.7%, SHAK +0.8%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance/SSS: OSUR -14.5%, VVV -8.2%, FEYE -8%, SONO -5.4%, CCK -4.6%, TTMI -4.5%, MRVL -3.9%, TWO -3.7%, ICHR -3.1%, TRMB -3.1%, FLT -2.7% (light volume), CDAY -2.3%, MET -1.5%, PRU -1.5%, PSEC -1.5%
Companies trading lower in after hours in reaction to news: USAT -22.1% (to restate select financials), RMBL -7.1% (to offer and sell shares of its Class B Common Stock in an underwritten public offering), PSTI -4.8% (entered into $50 mln Open Market Sales Agreement with Jefferies dated February 6, 2019), BIIB -2.9% (attributed to Tecfidera patent developments disclosed in its annual filing), PCG -2.2% (lower in extended trading in response to San Francisco gas explosion; also the co submitted 2019 Wildfire Safety Plan with additional safety precautions and expanded public safety power shutoff program), IDTI -1.2% (Integrated Device updates on Renesas merger in 10Q filing -- CFIUS informed the parties that its national security review has been extended and this additional phase of the review will conclude no later than March 22)