After Hours Summary: EVDY +29%, GWRE +10%, CHUY +6.7%, DAR +5% higher on earnings/guidance and ZNGA +8.3% on CEO news.... ASNA -5%, VEEV -1% lower on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: EVDY +28.8%, NKTR +10.8% (light volume), GWRE +9.9%, CHUY +6.7%, DAR +5%, NPTN +4.4%, BV +3.2%, BOBE +1.3% (light volume), ROST +1%
Companies trading higher in after hours in reaction to news: PRKR +10.1% (light volume; Parkervision files a petition with the Supreme Court requesting a review of the decision of the US Court of Appeals for the Federal Circuit in ParkerVision v. Qualcomm), REXX +9.8% (announces a new $175 mln joint exploration & development agreement in the Moraine East & Warrior North Operated Areas), ZNGA +8.3% (appoints Frank Gibeau as CEO effective March 7; Co-founder & current CEO Mark Pincus will serve as Executive Chairman), CVO +6.8% (light volume; announces five-year engagement with National Register Publishing), AWK +5.3% (American Water Works to replace CONSOL Energy in the S&P 500), CRC +4.4% (following 50%+ move higher), RPXC +3.9% (RPX closes $150 mln credit facility; approves $25 mln increase of share repurchase program to $100 mln), CSX +3.9% (WSJ reporting that CSX rejected a takeover approach from Canadian Pacific in January), BMRN +2% (ticking higher; granted orphan drug designation by the FDA for BMN 270 for the treatment of patients with hemophilia A) .
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: NWPX -9.9% (light volume), GBSN -9.5% (also files for 85 mln share common stock offering by certain selling stockholders upon the conversion of senior secured convertible notes issued in the note financing), BGFV -9%, (also increases quarterly cash dividend by 25% to $0.125/share), ASNA -5.1%, VEEV -1.1%, TIVO -0.6%
Companies trading lower in after hours in reaction to news: SNTA -6.8% (commits to a plan to reduce expenses by implementing a workforce reduction of ~23 positions), REGN -6.1% (after 26 point or ~7% move higher yesterday), COT -5.5% (Cott prices 11.1 mln common shares at $11.80/share on a bought deal basis), WFT -4.5% (commences 80 mln common stock offering), NCR -3.9% (NCR Corp acquires CimpleBox; terms not disclosed), CHK -2.9% (Bloomberg reporting that Chesapeake Energy former CEO Aubrey McClendon was indicted on conspiracy charges), SRCL -2.1% (ticking lower; files to delay its 10-K), FRT -1.3% (Federal Realty announces the sale of 1 mln common shares of beneficial interest to Citigroup Global Markets Inc. in an underwritten public offering), CBOE -1.3% (reports February trading volume), CNX -1% (American Water Works to replace CONSOL Energy in the S&P 500).