After Hours Summary: LULU +10.8%, PVH +9.5%, VRNT +7.8%, FIVE +2.5% following earnings/guidance; QTNA +17% after ON acquisition newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LULU +10.8%, PVH +9.5%, VRNT +7.8%, FIVE +2.5%, SNX +1.7%
Companies trading higher in after hours in reaction to news: QTNA +17.1% (ON Semiconductor [ON] to acquire Quantenna for $24.50 per share in an all cash transaction), STIM +5% (light volume; NeuroStar Advanced Therapy to receive reimbursement approval in Japan), AMRN +4.4% (extending late move higher following favorable American Diabetes Association recommendation), ACAD +1.2% (announces publication of results from Phase 2 study of trofinetide in pediatric Rett syndrome)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FUL -1.5% (light volume)
Companies trading lower in after hours in reaction to news: ARA -18.6% (to restate certain financial results amid Audit Committee review; CFO resigns), NLSN -11.8% (NY Post reported that Blackstone dropped from bidding process), EYPT -10% (proposed public offering of common stock), ODP -5.1% (Office Depot and Support.com will pay $35 million to settle FTC allegations), RYB -2% (light volume; downgraded to Hold at Jefferies), CVRS -1.7% (files for 14,384,840 share common stock offering by holders)
Brazilian names extending today's decline in after-hours trade (EWZ -2%): VIV -2.7%, VALE -2.4%, ELP -2.3%, GOL -1.3%, PBR -1.2%, GGB -1.1%, ITUB -1.1%, TSU -1%, BSBR -1%