After Hours Summary: VERI -24.7%, SWCH -22%, VIPS -9.4%, HUYA -3.5%, YY -3.3% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: GTE +9.1% (Director disclosed the purchase of ~78K shares worth ~$263K), SJW +7.3% and CWT +6% (California Water Service raises proposal to acquire SJW to $70.00 per share in cash), ARQL +4% (preclinical study data for ARQ 531, the rationally-designed, reversible inhibitor of both wild type and C481S-mutant Bruton's tyrosine kinase was published), CSIQ +3.1% (ahead of earnings), AKBA +2.4% (ticking higher - initiated with Outperform at Raymond James), YEXT +1.5% (initiated with Buy and $27 tgt at SunTrust), NANO +1.2% (after 8% move higher on conference call commentary), WTI +1.1% (CFO Gibons retires; company appoints Janet Yang CFO), ABX +0.9% (NovaGold Resources / Barrick Gold's Donlin Gold project received major federal permits), OSTK +0.8% (after relinquishing last week's earnings related gains - closing down 14% on the day), SYF +0.7% (Synchrony Financial and Lowe's announce multi-year extension of their strategic partnership)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VERI -24.7%, SWCH -22%, VIPS -9.4%, HUYA -3.5%, YY -3.3%
Companies trading lower in after hours in reaction to news: SAIL -2.4% (files for 12.5 mln share common stock offering by selling shareholders), CB -1.1% (downgraded to Sell at Deutsche Bank), SGMS -1.1% (initiated with Underperform at Credit Suisse)
