After Hours Summary: MFLX +40%, UBNT +18.3%, KIRK +2.4%, DATA -41.8%, LNKD -29.7%, GIGA -28.6%, OUTR -22.1%, DECK -9.5%, LGF -5.5% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MFLX +40%, UBNT +18.3%, KIRK +2.4%, NTGR +1.7%, MTD +1.4%, TTMI +1.1%
Companies trading higher in after hours in reaction to news: SCLN +16.7% (announced final resolution with SEC and DOJ, says exploring a range of strategic alternatives), BCRX +5.8% (Baker Bros. boosts active stake to 20.5% (Prior 19.5%).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DATA -41.8%, LNKD -29.7%, GIGA -28.6%, OUTR -22.1%, SWIR -19.7%, GNW -19.4%, YRCW -16%, HBI -10.9%, DECK -9.5%, LGF -5.5%, ASYS -4.6%, LPTH -3.9%, ATHN -3.7%, RNG -3%, UEPS -1.9%
Companies trading lower in after hours in reaction to news: LINE -27.5% (announced process to explore strategic alternatives related to its capital structure), MT -11.9% (planning EUR 3 bln capital increase, according to Bloomberg), HES -6.8% (commenced concurrent 25 mln common stock offering and 10 mln depositary shares offering), ZBH -1.6% (filed mixed securities shelf offering for an undisclosed amount and for a common stock offering by selling stockholders for an undisclosed amount; also announced it will offer ~11.03 mln shares of common stock on behalf of selling stockholders, plans to repurchase $250 mln of the shares offered).