After Hours Summary: YELP +19%, WTW +14%, GPRO +13%, ANET +12%, MDRX +11% higher and AAOI -27%, PI -21%, CFMS -21%, ABTL -20%, SYNA / FLR -11%, VIAB -8% lower following earnings / guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PDLI +19.8% (also says evaluating the possibility of a new stock repurchase program), YELP +18.9% (also GrubHub and Yelp announce long-term partnership d- GRUB to acquire Eat24), WTW +14.1%, GPRO +12.6%, ANET +12.2%, MDRX +11.4% (also Allscripts Healthcare to acquire McKesson's hospital and health system IT business, Enterprise Information Solutions, for $185 million in cash), HDP +8.8%, ETSY +8.6%, MX +7.4%, MTZ +7.1%, WING +6.3%, FIVN +6%, GEVO +5.5%, WU +4.7%, CARA +4.1%, KDMN +4%, ELY +3.8% (also Callaway Golf to acquire TravisMathew a golf and lifestyle apparel company, for $125.5 million in an all-cash transaction ), NBIX +3.2%, UNIT +2.7%, SRC +2.7% (also announced the planned spin-off of a separate publicly traded REIT), WTI +2.6%
Companies trading higher in after hours in reaction to news: AMC +2% (ticking higher; announces $100 million share repurchase program), GBT +1.5% (initiated after the close with Outperform and $53 tgt at Oppenheimer)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AAOI -27.4%, PI -21.3%, CFMS -20.6%, ABTL -20%, EFII -18.4%, NGVC -16.5%, CHUY -14.1%, SYNA -11%, FLR -10.6%, INFN -10.6%, CARB -9.9%, MEET -8.9%, YRCW -8.6%, MELI -8.6%, VIAB -7.6%, INFI -7.4%, BGS -7.1%, NPTN -6.5%, APPN -6.4%, GRUB -5.2% (GrubHub and Yelp announce long-term partnership - GRUB to acquire Eat24), AG -5.2%, AXDX -4.3%, INTT -4.3%, NE -4.1%, SM -3%, ATVI -1.9%, UE -1.9% (also to sell 6.25 mln common shares to Cohen & Steers)
Companies trading lower in after hours in reaction to news: DVAX -9.7% (provided regulatory update on HEPLISAV-B( following FDA Advisory Committee Meeting -- FDA requested more detailed information about the company's proposed post-marketing study for HEPLISAV-B ), APLP -7.8% (prices offering of 4 mln common units representing limited partner interests at $13.75 per common unit), AAXN -3.1% (ticking lower after Digital Ally confirmed 'yet another significant victory in its legal battles against Axon Enterprise'), BAS -1.7% (commenced at-the-market public offering of up to $50 million of its common stock pursuant to an effective shelf registration statement), DIS -1% (following VIAB results)
Optical names are pulling back following AAOI / NPTN / ACIA earnings: LITE -2.7%, OCLR -2.3%, FNSR -1.2%, IIVI -0.6%