After Hours Summary: ORCL +5% following earnings/guidance, JNJ +1.2% rebounding on reaffirmed guidance/buyback newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ORCL +5%, JNJ +1.2% (announces $5 bln share repurchase plan, reaffirms full year guidance)
Companies trading higher in after hours in reaction to news: PBYI +10.9% (announces top line results of the Phase III NALA Trial of Neratinib in patients with HER2-positive metastatic breast cancer; hit PFS primary endpoint, misses OS endpoint), SGH +5.9% (to join S&P SmallCap 600), BA +1.9% (raises dividend 20%, increases share repurchase authorization to $20 billion), TLRY +1.6% (following 14% move lower on LOI news to purchase hemp-derived CBD isolate from LiveWell Canada), XRX +1% (after closing ~13% lower on the day following Moody's downgrade of senior unsecured debt ratings), OKTA +0.9% (ticking higher following Cramer mention), CBS +0.9% (completed its investigation of former Chairman and CEO Leslie Moonves, CBS News, and cultural issues at CBS; determined that there are grounds to terminate Leslie Moonves for cause), ABX +0.4% (raises quarterly dividend to $0.07/share from $0.03/share)
After Hours Losers:
Companies trading lower in after hours in reaction to news: OPRX -2.5% (proposed underwritten public offering by WPP Luxembourg Gamma Three of 2,103,702 shares of common stock), EHTH -1.9% (ticking lower; files for $150 mln mixed securities shelf offering), UXIN -1.2% (after stock continues to rally -- month-to-date is higher by more than 150%)