After Hours Summary: MANH +9%, TER +6.5%, EBAY +4.4%, IRBT -15%, RHI -10%, SYK -4%, TXN -2%, among notable earnings/guidance moversAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MANH +8.7%, TER +6.5%, EBAY +4.4%, HXL +4.1%, VICR +3.6%, SNAP +1.8%, SIX +1.2%, MMSI +1.1%
Companies trading higher in after hours in reaction to news: SYNL +23.3% (Privet Fund Management sends letter to the Board proposing to acquire all outstanding common stock for $20.00/share in cash), VIAB +1.3% (drifts higher in extended trading after CBS said it would suspend its search for another CEO after acting CEO Joseph Ianniello agreed to extend his role for six additional months), KSS +1% (continued strength), ABBV +0.8% (received FDA approval of SKYRIZI for moderate to severe plaque psoriasis; expected to be available in the U.S. in early May), HCC +0.7% (declared a special cash dividend of approximately $4.41 per share)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: IRBT -15%, SPN -11.5%, RHI -10.3%, SYK -3.7%, TSS -3.7%, EW -2.7%, TXN -2%, AMTD -1.9%, BURL -1.4% (announces CEO transition, sees Q1 adj EPS below consensus), CP -1.3%
Companies trading lower in after hours in reaction to news: CRZO -0.8% (announced earnings release date of May 7), ABMD -0.6% (light volume; still looking)
Chip names are lower following TXN earnings/cautious commentary: MRVL -1.4%, MCHP -1.2%, MXIM -1.1%, ON -1%, CY -0.9%