After Hours Summary: WSM +11.5%, OKTA +8%, MRVL +3%, UBER +2.4%, ZUO -27%, NTNX -15%, GPS -12.1%, DELL / VMW -3% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: WSM +11.5%, OKTA +7.9% (also announces first Asia Pacific infrastructure and new office in Germany), YEXT +4.3%, MRVL +3.2%, UBER +2.4%
Companies trading higher in after hours in reaction to news: BRFS +7.4% (confirms has started negotiations with Marfrig in connection with a potential business combination), WTRH +3.7% (light volume; initiated with Overweight at Piper), BREW +2.9% (entered nationwide "claims made" settlement covering purchases of specified Kona beers), RH +2.2% (WSM sympathy), RUBY +2.2% (ticking higher; initiated with a Buy at Guggenheim), LYFT +2.2% (UBER sympathy), TIVO +1.3% (names Dave Shull as President and CEO and provides improved business outlook), GPRO +1.1% (DE Shaw increases passive stake), RGLD +1% (reports gold reserves of 3.8 million attributable ounces were 8.9% lower than the prior calendar year), DISCA +0.8% (CEO of Global Direct to Consumer bought 35.9K shares), XRAY +0.5% (Pres/CEO disclosed the purchase of 10K shares)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ZUO -27.1% (also Marc Diouane will transition from his current role of President to advisor), NTNX -15.2%, RRGB -13.1%, GPS -12.1%, SCHL -9.7%, ZS -4.4%, DELL -3.3%, VMW -3.1%, ULTA -2.6%, COST -1.2%
Companies trading lower in after hours in reaction to news: XBIT -9% (light volume; announces public offering of common shares and terminates equity distribution agreement with Piper entered into on April 30, 2019), ELTK -3.5% (modestlypulling back), ES -1.5% (announces public offering of 15.6 mln common shares)
