After Hours Summary: SAM +14%, FSLR +11% (boosting solar names), GIMO +9%, BIDU +5%, CY and EXPE +3% higher and ELLI -22%, NUVA -14%, SBUX -6%, AMZN -3% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TVTY +16.9% (ticking higher), SAM +14%, FSLR +11.1%, GIMO +8.7%, ALDW +8.6%, LOGM +7.3%, UCTT +6.8% (also President and CEO Jim Scholhamer to take leave of absence starting July 31 for approximately 2 months to address a treatable medical condition), BIDU +4.7%, COLM +4%, ALGN +3.6%, PFPT +3.5%, CY +3.1%, EXPE +3% (Expedia and Traveloka Holding a leading Southeast Asian online travel company, announced today that Expedia made a $350 million primary minority investment in Traveloka), TACO +3%, CERN +2.8%, CLD +2.6%, SNMX +2.6%, DAIO +2.6%, IMPV +2.5%, COHU +2.1%, KTOS +1.5%, MITK +1.5%
Companies trading higher in after hours in reaction to news: AGRX +12% (FDA has accepted for review the Company's NDA resubmission for Twirla AG200-15, an investigational low-dose combined hormonal contraceptive patch), CYCC +5.3% (Eastern Capital discloses 29.7% active stake), COL +2.3% (ahead of earnings tomorrow), WOW +2% (ticking higher on reports that Verizon is in talks to acquire WideOpenWest's Chicago fiber network), S +0.6% (Sprint in talks with Comcast / Charter for partnership / investment, according to Bloomberg)
Solar names higher following FSLR results (TAN etf +1.8%): CSIQ +4%, RGSE +2.2%, SPWR +2%, JKS +1.8%, VSLR +0.9%, JASO +0.6%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ELLI -22.2%, NUVA -14.1% (also CFO Quentin Blackford is resigning to pursue another opportunity outside the spine industry effective August 25; President and COO Jason Hannon is stepping down from his position to pursue other interests), MOBL -10.8%, FLS -10.6% (also identified in Q2 accounting errors which were primarily limited to two of its non-U.S. sites), KNL -7.8% (ticking lower), PDFS -7.3%, FLEX -6.4%, BOJA -6.4%, ABAX -5.7% (light volume), SBUX -5.7%, WIX -5.6%, EGHT -4.7%, GHL -4%, BJRI -3.7%, EA -3.6%, AMZN -3.1%, WDC -2.7%, CRAY -2.6%, PTX -2.1%, BOFI -1.6% (also enters into an agreement with H&R Block to be the exclusive provider of interest-free Refund Advance loans to their customers during the 2018 tax season), AUY -1.6%, MULE -1.5%, XPER -1.5%
Companies trading lower in after hours in reaction to news: ATNM -15.3% (to offer common shares and warrants), WWE -4.1% (indicated lower - attributed to block trade pricing), VZ -0.5% (Reuters reporting that Verizon is in talks to acquire WideOpenWest's Chicago fiber network)