After Hours Summary: MMSI up on Starboard stake; ICHR and MX up on guidance but GME sharply lower; Visa to acquire PlaidAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ICHR +11.9% (issues upside rev guidance for 4Q19 and 1Q20), MX +10.8% (raises Q4 rev and gross margin guidance), TCS +6.3% (guides DecQ revs slightly below consensus ), MCK +3.3% (raises FY20 adj. EPS), CLDR +2.1% (reaffirms Q4 guidance, also names new CEO), ZUMZ +0.5% (increases Q4 EPS and comp guidance)
Companies trading higher in after hours in reaction to news: RTIX +95.7% (announces sale of OEM business for $490 mln), MMSI +7.8% (Bloomberg reports activist investor has built stake in MMSI, Starboard later confirms stake), ACM +7.2% (speculation of WSP (WSPOF) interest in deal), BYND +2.3% (continued strength), V +0.4% (to acquire Plaid for $5.3 bln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: STML -20.5% (guides to $11.8 mln in ELZONRIS Q4 revenue), ACIW -10.4% (lowers guidance for FY19; issues downside rev guidance for FY20), GME -9.4% (reports holiday comps down 24.7%; sees FY20 adj. net loss for the year vs. $0.13 consensus), ETH -7.9% (guides DecQ EPS and revs below consensus), BLDR -0.9% (reaffirms FY19 outlook, also CEO will retire)
Companies trading lower in after hours in reaction to news: NK -11.9% (surged late in day on Bloomberg report that CEO claims pancreatic cancer patient achieved a complete response, stock has been volatile after hours), STAG -1.3% (commences 8 mln share offering)