After Hours Summary: NSAM +7% on reports Co is near deal with CLNY; AMBA +10%, BV +9%, AVGO +7%, GPS +5%, ZUMZ -8% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AMBA +10.1%, BV +9.3%, AVGO +6.8%, GPS +5%, COO +3%
Companies trading higher in after hours in reaction to news: NSAM +7.2% (reports that the Co and Colony Capital (CLNY) are near a deal; recall they confirmed discussions on May 6th)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: WRES -23.3% (reports that the company has filed for bankruptcy protection), ISR -13.2% (provides update on its pending securities lawsuit; Judge Suko entered an order denying IsoRay's motion to dismiss), BLDP -6.5% (files for $100 mln mixed securities shelf offering), ONTY -4.9% (enters into sales agreement to sell up to $50 mln of its common shares from time-to-time), SIG -1.3% (Jim Grant from Grant's Observer on CNBC sees issues with product quality (similar to LL) and its credit portfolio, similar to Conn's (CONN)), CC -1.1% (Chemours responds to the report by Citron Research issued today; reaffirms 2016 outlook)
Companies trading lower in after hours in reaction to news: ZUMZ -8.4%