After Hours Summary: NUAN +7%, CPRT +5.3%, JACK / LB +3%, SONO +2% are higher, while CUB -11.5%, LZB -8.8%, NTES -1.7% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NUAN +7%, CPRT +5.3%, JACK +3%, LB +3%, SONO +2%, DAO +1.9% (ticking higher)
Companies trading higher in after hours in reaction to news: DVAX +6.3% (rebounding on light volume), TIF +3.6% (on reports of continued M&A talks with LVMH), FOSL +1.7% (EVP McKelvey bought about 67K shares worth ~$500K), BMY +1.4% (Bristol-Myers completes acquisition of Celgene - to transfer the listing of Celgene's contingent value rights related to ABRAXANE; authorized the repurchase of $7 billion of Bristol-Myers Squibb common stock), CLLS +1.3% (announces the European Patent Office has upheld a patent for a method for using CRISPR-Cas9 for gene editing in T-Cells), UBER +1.1% (CEO disclosed the purchase of ~250K shares), NGHC +0.7% (approval has been received from the Swedish Financial Supervisory Authority for the previously announced sale of its Euro Accident Health and Care Insurance Sweden; estimated price $148 mln)
A few marijuana names are seeing continued strength in after hours following CNBC Fast Money mention: ACB +3.8% (+13% on the day), CGC +3.3% (closed up 15% on the day), CRON +2%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CUB -11.5%, LZB -8.8%, NTES -1.7%, INTC -0.9% (apologizes to customers/partners for product delays related to tight supplies in the PC business; reaffirms Q4 guidance)
Companies trading lower in after hours in reaction to news: OPTN -10.2% (announces proposed public offering of common stock by the company and certain selling stockholders; size not disclosed), MTEM -3.3% (commences underwritten public offering of common stock and newly designated Series A convertible preferred stock), DSSI -2.7% (announces public secondary offering of 4.7 mln common shares by selling shareholders), PYPL -1.7% (to acquire Honey Science Corporation for approx. $4 bln), SHOP -1% (still checking), AMAT -1.9%, LRCX -1.9%, KLAC -1.8% (a few chip names are indicated lower on China trade deal concerns)