After Hours Summary: QRVO / NPTN +10%, FTNT +8%, X +7% are higher, while ANET -25%, PINS -20%, CAR -12% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CRC +24.9%, LOCO +14%, QRVO +9.8%, NPTN +9.6%, ERII +8.4% (light volume), FTNT +7.6%, X +6.9%, BRKR +5.7%, FTAI +3.9% (light volume), MELI +3.9%, PFSI +3.8% (ticking higher; also initiates quarterly dividend of $0.12/share), AYX +3.2%, OEC +1.9%, SSNC +1.4%, EGO +1% (also reports positive Kisladag mine test results and progress in Greece)
Companies trading higher in after hours in reaction to news: BGNE +24.8% (BeiGene and Amgen announce global strategic oncology collaboration; Amgen to purchase ~$2.7 bln of BeiGene shares), SWKS +4.7% (following QRVO results), TAL +1.6% (upgraded to Buy from Neutral at Goldman)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CASA -25.6%, ANET -24.8%, MOBL -20.1%, PINS -19.8%, CAR -12.2%, CDNA -8.8%, MTZ -7.8%, LYV -5%, APPN -4.2%, NFG -3.8% (light volume), WU -1%
Companies trading lower in after hours in reaction to news: AVID -23.8% (enters into support agreement with Impactive Capital; reports prelim Q3 revs and adj EBITDA below prior guidance), HTZ -3.8% (following CAR results), PRTK -3.7% (announces top-line results of Phase 2 clinical studies evaluating omadacycline in urinary tract infections), CFX -3.4% (attributed to block trade pricing), CSCO -1.5% / EXTR -0.8% (following ANET results),