After Hours Summary: ZOES -21%, GPS -8%, ADSK -5%, NTNX -4%, DECK +4% following earnings/guidance, CAVM +6% and MRVL +2% higher upon the completion of the CFIUS merger reviewAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCVL +5.9% (light volume), NWY +5.9%, DECK +3.7%, YRD +1.6% (light volume)
Companies trading higher in after hours in reaction to news: CAVM +6.3% and MRVL +2.1% (Marvel announces completion of CFIUS review of previously announced merger transaction with Cavium; continues to expect the merger to close mid-calendar year of 2018), BMRN +4.8% (ticking higher; receives standard approval for Palynziq injection for treatment of adults with Phenylketonuria genetic disease), RVNC +4.1% (announces publication of results of a Phase 2 study of DaxibotulinumtoxinA for Injection to treat moderate-to-severe cervical dystonia in the peer-reviewed journal Movement Disorders Clinical Practice), AMRN +3.6% (Amarin settles Vascepa patent litigation with Teva), LEN +2.4% (following CNBC Fast Money mention)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ZOES -21.2% (also initiating certain strategic actions to improve operations and financial performance), GPS -8.3%, EGHT -6.8%, ROST -5.3%, ADSK -5%, NTNX -3.6%, SPLK -2.2%, VEEV -2.2%, DXC -0.9%
Companies trading lower in after hours in reaction to news: BGSF -12.7% (commences common stock offering), GERN -3.5% (files $250 mln mixed securities shelf offering), CPE -3.4% (Callon Petroleum to acquire certain producing oil and gas properties and undeveloped acreage for total consideration of $570 million in cash from Cimarex Energy; commences 22 mln common stock offering)