After Hours Summary: SMAR +17%, MRVL +16% rise while DOCU -29%, OLLI -19% fall on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SMAR +16.6%, MRVL +16.1%, TLYS +12.6%, ZG +10.2% (updated Homes segment revenue outlook in connection with wind-down progress of Zillow Offers; also authorized $750 mln share repurchase program), JOAN +8.5%, YEXT +6.0%, ULTA +5.1%, ZUMZ +3.2%
Companies trading higher in after hours in reaction to news: FIZZ +6.8% (announced special cash dividend), SBGI +4.2% (subsidiary Diamond Sports Group announced multi-year renewal of digital rights agreement with the NHL), RJF +3.5% (raised its quarterly dividend and approved a $1 bln share repurchase authorization), ENFA +2.9% (received shareholder approval for BuzzFeed combination), ENBL +1.4% (closed combination with Energy Transfer [ET]), RIOT +1% (provided November production and operations update)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DOCU -28.9%, OLLI -18.6% (also increased share repurchase program), ASAN -14.9%, SWBI -12.9%, DOMO -7.9%, OOMA -5.7%, GWRE -1.7%, COO -1.7%
Companies trading lower in after hours in reaction to news: ESPR -14.2% (announced public offering of common stock), SPWH -10% (disclosed termination of merger agreement with Great Outdoors Group), APP -5.3% (announced secondary offering of common stock by selling stockholders)