After Hours Summary: LZB +19%, KEYS +14%, PSTG +10%, URBN +4%, MYGN +2.5%, RRGB -3% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LZB +19.3%, KEYS +14.1%, PSTG +10.4% (also acquired StorReduce,- financial terms not disclosed), URBN +3.7%, MYGN +2.5%
Companies trading higher in after hours in reaction to news: ZNGA +7.8% (Zynga confirms multi-year licensing agreement with Disney to develop and publish a new mobile game with the option for a second game), SCSC +4.9% (acquires Canpango, a longstanding Salesforce implementation and consulting partner -- terms not disclosed), STAR +4.5% (will replace A. Schulman [SHLM] in the S&P SmallCap 600), FLEX +3.3% (receives authorization and shareholder approval to purchase up to 20% of its outstanding shares), OCUL +2.9% (ticking higher after Pres/CEO disclosed the purchase of 20K shares worth ~$120K), APLE +0.6% (Exec Chairman disclosed the purchase of 10K shares), LHO +0.2% (Pebblebrook increased the number of LaSalle common shares that may receive $37.80 in cash per share to up to 30% of LaSalle common shares in aggregate)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SMCI -19.6% (updates Q4 guidance and provides update on SEC filings/Nasdaq listing), GSM -6.2% (also authorized the repurchase of up to $20 million of ordinary shares in the period ending December 31, 2018), RRGB -3%
Companies trading lower in after hours in reaction to news: JILL -1.5% (light volume; downgraded to Market Perform at Cowen), ADI -0.5% (reinstates share repurchase program and authorizes repurchase of an additional $2 bln of its common stock; reports earnings tomorrow before the open)