After Hours Summary: WMT +1% 3-for-1 stock split; SBUX +4.4%, SYK +3.8%, SWKS +3.4% higher on earnings; MSFT flat on earnings; RHI -11.4%, AMD -5.6%, GOOG -5.3%, MDLZ -2.1%, EA -1.9% lower on earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: POWL +17.5% (also increases dividend), SBUX +4.4%, SYK +3.8%, SWKS +3.4%, RNR +2.2%, ATGE +2.1%, ASH +1.9%, CB +1.9%, CP +0.4%, BXP +0.3%
Companies trading higher in after hours in reaction to news: WMT +1% (3-for-1 stock split), CNM +0.1% (to acquire Dana Kepner), JNJ +0.1% (submits supplemental BLA to FDA seeking approval of DARZALEX FASPRO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RHI -11.4%, MOD -8%, TER -6.3%, AMD -5.6%, FCF -5.6%, GOOG -5.3%, LC -5.1%, FBIN -5% (also increases share buyback auth by $650 mln), LFUS -4.3%, MDLZ -2.1%, EA -1.9%, HA -1.9%, MTCH -1.1%, EQR -0.4% (also buyback authorization replenished), APAM -0.3%, ENVA -0.1%
Companies trading lower in after hours in reaction to news: AMSC -10.9% (stock offering; also files $250 mln mixed shelf securities offering), SLDB -5.4% (stock offering by selling shareholders), TSLA -3.4% (Delaware judge agreed to void CEO Elon Musk's $56 bln compensation package according to CNBC), ORIC -2.6% (Viking Global discloses 5.9% stake), DELL -2.1% (DELL terminates Commercial Framework Agreement with AVGO), ATKR -2% (initiates dividend), NAVI -1.3% (to outsource student loan servicing, other actions), ICFI -1% (awarded a $33 mln digital modernization contract by Dept of HHS), DRS -0.7% (delivers 1,000th Solaris ruggedized laser system), AVGO -0.4% (DELL terminates Commercial Framework Agreement with AVGO)