After Hours Summary: YHOO +1.2% following earnings... VDSI -19%, MANH -9%, CREE -9%, INTC -6%, ISRG -2% following earnings/guidance, tech and semi names are under pressureAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: YHOO +1.2%, NAVI +0.3% (light volume)
Companies trading higher in after hours in reaction to news: RLJE +2.5% (thinly traded; AMC Networks shows 79.8% active stake), BLDP +0.9% (light volume; announced the commissioning and deployment of 10 fuel cell-powered buses in the City of Yunfu, in the Province of Guangdong, China), TMH +0.4% (following late move higher on Reuters report that Blackstone is top bidder)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VDSI -19.2%, (offers light prelim Q3 results, lowers FY16 guidance), MANH -8.6%, CREE -8.5%, ACHC -7.1% (signs definitive agreement for sale of U.K. facilities in fulfillment of previously announced undertakings to the CMA; issues downside Q3 prelim results), INTC -5.8%, UFPI -3.6%, ISRG -2%, LLTC -1.5% (light volume), IBKR -0.5%, HA -0.2%
Companies trading lower in after hours in reaction to news: SNSS -6.9% (intends to offer and sell shares of its common stock and Series C Convertible Preferred Stock in underwritten public offerings), PBYI -5.8% (commences underwritten public offering of $150 mln of shares of its common stock), ASND -4.3% (commences underwritten public offering of $100 mln of American Depositary Shares), LKSD -1.6% (light volume- announces a strategic agreement that expands its relationship with The United Methodist Publishing House; will provide book fulfillment and distribution services for UMPH), WFC -0.2% (light volume-S&P revises ratings outlook to Negative from Stable on potential elevated business risks)
Tech and Semi names are under pressure following NVDA/CREE earnings/guidance - Semiconductor Hldrs ETF (SMH -1.4%) / iShares Semiconductor (SOXX -0.5%): AMD -2.1%, ADI -1.9% (lower with tech names - Linear Tech also released its Q1 results), MU -1.4%, QCOM -0.5%