After Hours Summary: PINS +13%, WOLF +11.5%, LUNG +10.3% all up double-digits on earnings; LSCC -16%, VFC -7.5%, CHGG -5.3% falling on earnings; WDC -5.5% down after convertible offering
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PINS +13%, WOLF +11.5%, LUNG +10.3%, ANET +5.7%, KMPR +4.6%, MPWR +4% (also announced $640 mln for repurchases), THC +3.2%, RMBS +3%, KFRC +2.7%, TREX +2.3%, ACGL +2.1%, SITC +2.1% (also spinning off its Convenience portfolio), INST +1.9%, PSA +1.7%, AXNX +1.6%, TWO +1.6%, QGEN +1.3%, EQC +1.2%, CSWC +1.1%, ZI +1.1%, LEG +0.9%, AGNC +0.7%, SPG +0.6%, CRK +0.2%, MATX +0.1%, IEX +0.1%, RYI +0.1%
Companies trading higher in after hours in reaction to news: INST +0.8% (to acquire Parchment for $835 mln), JBL +0.5% (taking over sale of Intel's Silicon Photonics lines), UCTT +0.3% (COO leaving), GM +0.3% (confirms it reached tentative labor deal with UAW), IEX +0.1% (to acquire STC Material Solutions), CEQP +0.1% (unitholders approve transaction with ET)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PETS -19.4% (suspends dividend), AMKR -16.2%, LSCC -16%, AESI -7.8%, VFC -7.5%, MDXG -7.4%, HLIT -5.4%, CHGG -5.3%, VRNS -4.2%, VNO -4%, RWT -3.5%, WK -2.7%, PSMT -2.6%, CWK -2.2%, FMC -2%, FWRD -2%, IRT -1.8%, PACB -1.8%, DENN -1.7%, WELL -1.1% (also issues busienss update), OGS -1%, CVI -0.9% (declares special dividend), PCH -0.7%, PDM -0.5%, BRX -0.1%
Companies trading lower in after hours in reaction to news: WDC -5.5% (commences $1.3 bln convertible offering), DRS -1% (awarded contract by U.S. Army), GEO -1% (files mixed shelf), BB -0.5% (CEO retiring; appoints interim CEO), SWK -0.4% (files mixed shelf), LOGI -0.2% (appoints new CEO)