After Hours Summary: OKTA +6.5%, AGX +4%, VRNT +3% following earnings/guidance, VSTM +13.2% on DYNAMO study update... GEF -9%, CMTL -3% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: OKTA +6.5%, AGX +4.1%, VRNT +2.9%, ONVO +2.8%, ABM +0.9% (also SVP/President of ABM Technical Solutions Scott Giacobbe elected EVP and will succeed James McClure as COO effective November 1)
Companies trading higher in after hours in reaction to news: INSG +37.8% (terminates TCL transaction to sell MiFi business, plans to restructure, changes leadership, details improved profitability outlook), DRWI +31.5% (seeing continued strength; also Nasdaq Panel granted request for continued listing), VSTM +13.2% (will present long-term follow-up data from the DYNAMO study at the ICML), SSTI +2.6% (today's IPO seeing continued strength), RGNX +1.3% (AveXis and REGENXBIO announce an exclusive worldwide license agreement for AveXis), TPX +1.2% (10% owner H Partners disclosed the purchase of 100K shares), CVNA +1.1% (extending today's earnings related move higher)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DTEA -8.9%, GEF -8.8%, CMTL -3.3%
Companies trading lower in after hours in reaction to news: MSL -6% (ticking lower; announces public offering of $50 mln of common stock; to reduce the Company's quarterly cash dividend), CORT -3.2% (indicated lower in after hours -- being attributed to block trade pricing), BKCC -1.6% (commences offering of $125 mln of senior unsecured convertible notes due 2022), DECK -1% (downgraded to Neutral from Buy at Buckingham), HLT -0.6% (announces secondary offering of 15 mln shares of common stock by selling stockholders affiliated with The Blackstone Group), SNAP -0.6% (slowing growth discussed in NYPost article highlighting Instinet commentary), CAA -0.2% (announces offering of 42.8 mln shares of common stock, including 10 mln shares by MP CA Homes)