After Hours Summary: SNAP +20.5%, ZEN / PLT +10%, SWKS / MCHP +5% are higher, while ARLO -21%, TCS / EA -18%, MTSI -11% are lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SNAP +20.5%, ZEN +9.7%, PLT +9.5%, VIAV +7.4%, PAYC +5.9%, SWKS +4.8%, MCHP +4.5%, VRTX +2.1%, HCLP +1.6% (light volume; also establishes record date for proposed conversion from a Delaware limited partnership to a Delaware corporation), VOYA +1.5%, DIS +0.5%
Companies trading higher in after hours in reaction to news: AMRS +3.3% (after surging 70%+ higher today), I +2.8% (after seeing late move higher), SPOT +1.9% (ahead of earnings tomorrow before the open), QRVO +1.7% (following SWKS results), TWTR +1.4% (following SNAP results), RIO +1.4% / CLF +1.2% (higher after Vale declared force majeure on a number of related iron ore and pellets sales contracts as a result of the temporary suspension of the Brucutu mine production)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ARLO -21%, TCS -17.7%, EA -17.6%, MTSI -11.1%, USNA -8.4% (light volume), SFLY -7% (also undertaking strategic review as co has been approached about an acquisition; CEO to step down in August), NANO -5%, TENB -4.2%, MYGN -4.1%, DOX -2.7% (light volume), APC -2.6%, DATA -2.6%, SAVE -2.2%, GNW -1.9%, MXL -1.5% (light volume), CERN -0.7%,
Companies trading lower in after hours in reaction to news: AGLE -6.3% (announces proposed public offering of $50.0 mln of shares of its common stock), PDD -5.2% (proposes follow-on public offerings of ~37 mln ADS by co and 14,815,000 ADS by selling shareholders), VNDA -4.2% (ticking lower - files complaint against the FDA for 'requiring unnecessary studies that would result in the death of dozens of dogs without legal authority'), ATVI -2.9% / TTWO -0.5% (following EA results)