After Hours Summary: OTEX +10.4%, QRVO +9%, EBAY +9%, T +3.4%, CDNS +3.4%, X +2.8%, PYPL -11.6%, OMI -6.2%, SYMC -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: QNST +20.6% (light volume), OTEX +10.4%, QRVO +9%, EBAY +9%, VRTX +5.5% (also selects VX-659 and VX-445, two next-generation correctors for phase 3 development as part of two different triple combination regimens), T +3.4%, CDNS +3.4%, X +2.8%, MKSI +2.6%, ESIO +2.5%, KLIC +2.1%, ALGT +2% (light volume), FB +1.1%
Companies trading higher in after hours in reaction to news: ZN +37.4% (launches new $5 per share Unit Program of limited duration during the month of February; nears total depth in Israel well), GEO +4.2% (light volume -- still checking), P +2.5% (announced organizational restructuring that shifts resources to focus on ad-tech and audience development efforts), BLCM +2% (modestly rebounding), RIOT +1.1% (confirms Annual Meeting adjourned for a second time to achieve a quorum on proposals -- under Nevada law new record date is required to be set)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EGOV -16%, PYPL -11.6%, OMI -6.2%, MUR -4.7% (ticking lower), TSCO -4%, SYMC -2%, BOOT -1.5%, QCOM -1% (also expands its global patent cross-license agreement with Samsung covering mobile devices and infrastructure equipment), CTXS -0.8%
Companies trading lower in after hours in reaction to news: ONCS -11.6% (commences common stock offering), NVTR -4.6% (commences common stock offering), GNBC -2.7% (to offer 3 mln shares of common stock in secondary offering by selling shareholders), DPW -2.7% (ongoing volatility), PLM -2.3% (ticking lower after saying it is not aware of any material undisclosed development that would cause today's upward movement in the company's share price -- was +17.9%)