TICKER ALERT: WRAPX
After Hours Summary: QTT -14%, NIO -11%, AVAV +10%, AMBA +6.5% among notable earnings/guidance movers; BZUN / JILL / ANF higher ahead of earningsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AVAV +10.3%, AMBA +6.5%, AGS +3.1%, EGLE +3.1%
Companies trading higher in after hours in reaction to news: XXII +9.3% (after making 52-week lows following news that FDA Commissioner Scott Gottlieb is planning to resign), BZUN +2.4% / JILL +2% / ANF +1.7% (ahead of earnings tomorrow before the open), ECHO +1.7% (light volume; upgraded to Equal-Weight from Underweight at Morgan Stanley), VYGR +1.1% (initiated with Overweight at Cantor Fitzgerald)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: QTT -14.2%, NIO -11.2%, VSLR -8%, CDLX -7.9%, PRMW -7.6%, URBN -4%, ROST -3%, UNFI -1.9%, REGI -1.1%
Companies trading lower in after hours in reaction to news: LGND -6.3% (to sell Promacta assets and royalty for $827 mln in cash; updates FY19 guidance), CBAY -5.1% (announces proposed public offering of common stock), KNDI -4.9% (following NIO results), VECO -3.3% (ticking lower following downgrade at Stifel), SRPT -2.8% (to sell $350 mln in shares of common stock in underwritten public offering), CERC -2.8% (announces $8 million bought deal offering), FRPT -2.4% (announces secondary public offering of 4.0 mln shares of common stock by selling shareholders), BAND -2% (light volume; commences public offering of 2,250,000 shares of Class A common stock), HZNP -1.9% (discloses receipt of civil investigative demand from the United States Department of Justice), CRON -1.9% (pulling back from today's 10% move higher), EXAS -1.2% (announces public offering of $600 mln of convertible senior notes due 2027)