After Hours Summary: NVDA +11%, COHR +9%, EA +8%, TRIP +6.5%, MCHP +5%, NUAN +2% higher following earnings/guidance... YELP -28%, FOSL -22%, ACIA -15%, DIS / PCLN -3% lower following earnings/guidance, optical names lowerAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ESIO +19.3%, RCM +14.1%, ATHX +12.9%, MFIN +11%, NVDA +10.9%, VSLR +8.8%, COHR +8.6%, EA +7.7%, TRIP +6.5%, SEDG +6.3%, TRUE +6.1%, OCRX +5.5% (also reported new drug data), MCHP +5.2%, AAXN +4.6%, IAG +4%, XOG +3.5%, RPD +3.2%, CLDX +3.2%, NUAN +1.9%
Companies trading higher in after hours in reaction to news: ARRY +10% (announces top-line results from Part 2 of the Phase 3 COLUMBUS study evaluating binimetinib, a MEK inhibitor, and encorafenib, a BRAF inhibitor, in patients with BRAF-mutant advanced, unresectable or metastatic melanoma; NDA filing on track for June or July 2017), CUR +9.2% (modestly rebounding), AMD +2.9% (NVDA sympathy), HTA +0.4% (higher on light volume after closing previously announced medical office building portfolio in Arizona and Southern California; total consideration was approximately $150 million)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: YELP -28.2%, FOSL -21.8%, PLPM -16.7%, ACIA -15.3%, KRNT -15%, DEPO -14.6%, FUEL -12.3%, EKSO -10.5% (light volume), TCX -9.5%, SUPN -8.8%, ARNA -7%, SSNI -6.7%, SPWR -6.3%, ZSAN -5.5% (also Chairman John Walker named Interim CEO to replace Konstantinos Alataris who has resigned), MTRX -5.5%, OPK -5.2%, ZAYO -5.1%, PEIX -5%, XCO -4.7%, HALO -4.6% (also CMO Dr. Athena Countouriotis will leave to pursue professional opportunities), AQMS -4.6%, ACAD -3.9%, PRI -3.8%, PSEC -3.6%, OREX -3.5%, AKBA -3.5%, PCLN -3.3%, MATR -3.2% (thinly traded), JAZZ -3.1%, DIS -2.6%, LSCC -1.6%, CLNS -1.4%
Companies trading lower in after hours in reaction to news: CLNT -5.7% (following 60%+ surge higher), EARN -5.7% (commenced a public offering of 3 mln common shares), W -0.9% (seeing modest pullback after its CFO disclosed the sale of 20665 shares worth more than $1.1 mln pursuant to a Rule 10b5-1 trading plan)
Optical names lower following ACIA earnings: OCLR -2%, FNSR -1.5%, AAOI -1.2%, LITE -1.2%, IPHI -1%