After Hours Summary: RH +20%, SMAR +4% are higher, while CRUS -7% and COUP -3% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RH +20%, SMAR +4.4%
Companies trading higher in after hours in reaction to news: SIFY +1.9% (thinly traded, initiated with Buy rating and $4 tgt at Maxim Group based on data center-centric and telecom services growth in India), TTWO +0.6% (rebounding from today's 6% decline)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: CRUS -6.6% (lowers Q3 revs guidance due to recent weaknesses in the smartphone market), COUP -2.6%
Companies trading lower in after hours in reaction to news: KRNT -8.2% (announces launch of 3.13 mln stock offering by selling shareholder Fortissimo Capital ), APHA -5.8% (continued weakness following short-seller report), FRAC -3.5% (announced secondary offering by stockholders of approx 5.2f mln shares of common stock; intends to repurchase from the underwriter 520,000 shares), AAPL -0.8% (following CRUS guidance), ATVI -0.3% (continued weakness; was also removed from Best Ideas List at Wedbush)