After Hours Summary: MOH +19%, P +12%, AAPL +3.8% are higher, while CAKE -8%, MB -6%, AKAM / WLL -4% are lower following earnings/guidance:After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MOH +19.1%, TCS +12.7%, P +12.2%, GLUU +9.8%, ZEN +9.2%, PAYC +8.9%, IQ +7.9%, SEND +7.7%, WIRE +6.3%, MTSI +4.7%, NANO +4.2%, AAPL +3.8%, NBIX +3.5% (light volume), OLN +3.4%, MDR +3.3%, BAND +3.1%, COHR +3.1%, VRSK +2.6% (ticking higher), STAG +1.9% (ticking higher), CACC +1.7% (light volume), GNW +1.5%, LADR +1.3% (light volume), NFX +1%
Companies trading higher in after hours in reaction to news: CPB +4.3% (WSJ reporting that activist Third Point has built stake), DOCU +1.9% (to acquire SpringCM for approx. $220 mln in cash), PII +1.6% (CEO disclosed the purchase of ~3K shares worth ~$312K and 3 Directors purchased of ~9K shares worth ~$966K)
Apple (AAPL) earnings/guidance is lifting suppliers in after hours trade: LITE +2.6%, CRUS +2.4%, FNSR +2.4%, IIVI +2%, SWKS +1.5%, AVGO +1%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BGFV -15.5%, FTR -9.2%, CAKE -8.4%, ENPH -8.4%, ZAGG -8.4%, MB -5.6%, AKAM -3.7%, WLL -3.5%, DVN -3.4%, QUOT -1.7% (light volume), NBR -1.3%
Companies trading lower in after hours in reaction to news: SYNA -13.2% (Dialog Semiconductor terminates discussions regarding a potential acquisition of Synaptics), TORC -5.8% (downgraded to In-line at Evercore ISI), AGNC -1.7% (announces public offering of 38 mln shares of its common stock), BXMT -1.3% (commences underwritten public offering of $6mln shares of class A common stock), ACER -1.1% (to offer and sell shares of its common stock in an underwritten public offering), VNOM -0.6% (Viper Energy Partners commences underwritten public offering of 9 mln common units, increases quarterly dividend and reports Q2 update)