After Hours Summary: XONE -21%, JELD -10%, SAP +6%, SAVE +4% following guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SAP +5.9%, SAVE +3.9% (expects Q3 TRASM and adjusted CASM ex-fuel will be better than previously estimated)
Companies trading higher in after hours in reaction to news: ROKU +4.9% (upgraded to Outperform from Sector Perform at RBC Capital Mkts ), TLRY +2.9% (Tilray JV Fluent Beverage Company announces plans to commercialize non-alcohol CBD-infused beverages in Canada), TTD +2.4% (upgraded to Outperform at RBC Capital Mkts), APPN +2.3% (higher following SAP guidance), PCG +2.1% (modestly rebounding from today's 30% decline), WORK +0.8% (Slack reports that during Sept people actively using Slack every day exceeded 12 mln; has nearly 600,000 daily active registered developers), TGE +0.8% (increases quarterly cash dividend to $0.55 per Class A share from $0.54 per Class A share and provides update on "take private" proposal), KIN +0.6% (announces positive CVMP opinion for Mirataz for cats experiencing poor appetite and weight loss), GILD +0.5% (Gilead Sciences and Galapagos [GLPG] announce efficacy and safety results of filgotinib through 52 weeks in FINCH 1 and FINCH 3 studies in Rheumatoid Arthritis were consistent), KSS +0.4% (CFO Bruce Besanko has decided to retire; names EVP of Finance Jill Timm as replacement)
After Hours Losers:
Companies trading lower in after hours in reaction to guidance: XONE -21% (lowers Q3 / FY19 guidance), JELD -9.8% (guides Q3 below consensus)
