After Hours Summary: ODP -26%, SPLS -10% before being halted on news that the FTC blocked their proposed mergerAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FUEL +17.1%, TROV +17.8%, NAII +15.1%, EA +7.5%, REXX +4.8%, BUFF +4.7%, PLNT +3.7%, CSLT +1.2%
Companies trading higher in after hours in reaction to news: SQBG +11.9% (to acquire GAIAM (GAIA) yoga brand for ~$146 mln; expected to be immediately accretive; increases rev guidance), WFT +1.3% (Director insider buy disclosure - purchased of 100000 shares, worth total of $558.7K)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FOSL -30.6%, CJES -23.4%, TRXC -15.5%, FELP -11.6%, CYTX -11.5%, WATT -6.1%, KGC -5.8%, NUAN -5.5%, DIS -5.4%, ALRM -4.9%, DGLY -3.1%, PSEC -2%
Companies trading lower in after hours in reaction to news: ODP -26.3% (confirms the FTC's request for a preliminary injunction to block the proposed merger with Staples (SPLS)), SPLS -10.1% (ODP confirms the FTC's request for a preliminary injunction to block the proposed merger with Staples), ERF -3.5% (announces CAD 200 mln bought deal financing), LPI -2.2% (commences 9.5 mln common stock offering)