After Hours Summary: GIMO +15.3%, MTW +14.1%, QLGC +10.9%, FTNT +9.2%, AMZN -13.6%, AZPN -13.3%, QSII -9.0%, EA -8.0% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GIMO +15.3%, MTW +14.1%, QLGC +10.9%, FTNT +9.2%, SHOR +5.7%, ALGN +5.0%, USAT +4.7%, FLEX +4.6%, SWKS +3.6%, PFPT +3.1%, MSFT 2.7%, WRK +2.7%, ARAY +1.7%.
Companies trading higher in after hours in reaction to news: STRP +4.6% (Blackrock filed a passive 5.3% stake), VALE +3.0% (announced that, in compliance with its dividend policy and due to price volatility in mineral commodities, the Executive Board has approved and will submit to the Board a proposal for a minimum dividend equal to zero for 2016), OSTK +2.0% (accepted $20 mln to settle market manipulation case).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AMZN -13.6%, AZPN -13.3%, QSII -9.0%, EA -8.0%, QTM -7.3%, EMN -6.6%, SYNA -4.1%, V -1.2%
Companies trading lower in after hours in reaction to news: HK -1.7% (announced suspension of dividend on Series A Cumulative Perpetual Convertible Preferred Stock).