After Hours Summary: ZOES +5%, WDAY -3%, UA -4%, ASNA -7%, ADPT -8% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ZOES +4.6%
Companies trading higher in after hours in reaction to news: AVEO +20.3% (Growth Equity Opportunities discloses 29.6% active stake), PARN +13.8% (commences a Contract Manufacturing Agreement with Merial, the animal health division of Sanofi (SNY)), SRPT +1.8% (after BioMarin (BMRN) withdraws its Kyndrisa Marketing Authorization Application from the European Medicines Agency)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ADPT -7.5%, ASNA -6.5%, UA -3.5%, WDAY -2.5%, TIVO -1.5%
Companies trading lower in after hours in reaction to news: BABA -3% (SoftBank (SFTBY) to reduce its stake in Alibab to ~28%; BABA to purchase from SoftBank $2 bln BABA shares), FRC -1.5% (to sell 2.5 mln shares of its common stock in an underwritten public offering)