After Hours Summary: TCS +14% / TLRY +5% are higher, while A -9% is lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TCS +14.4%, TLRY +4.7%, PAGS +2.0%
Companies trading higher in after hours in reaction to news: LM +2.3% (indicated higher on WSJ report suggesting potential Trian Fund proxy battle), DDD +1.8% (Pres/CEO disclosed the purchase of nearly 30K shares), NMRK +1.3% (CEO bought ~560K shares worth ~$4.3 mln), MEET +1.2% (ticking higher; initiated with a Buy at Aegis Capital)
Cannabis related stocks higher following Tilray (TLRY) earnings: HEXO +3.3%, ACB +3% (earnings expected tonight), CGC +1%, CRON +1%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: A -8.7%, FSM -8% (light volume), NEWR -4.6%, EGHT -4.1%
Companies trading lower in after hours in reaction to news: JKS -6.4% (announces proposed follow-on offering of 3.75 mln ADSs and concurrent private placement of up to US$85 mln of convertible senior notes due 2024), VIRT -6.3% (announces secondary offering of 7.0 mln shares of Class A common stock), WMC -4.7% (announces public offering of 5.0 mln shares of common stock), TWNK -1.7% (announces secondary public offering of ~8 mln shares of Class A common stock by holders), XLNX -1.5% (attributed to analyst day update), UBER -1.2% (modestly pulling back after closing near highs of the day), AMRN -1.1% (still checking; Canadian cardiovascular-focused pharma company HLS Therapeutics announced bought deal offering)
