6 Stocks Moving In Thursday's After-Hours Session

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Gainers

  • PTC Therapeutics, Inc. PTCT shares are up 10 percent after agreeing to acquire Agilis Biotherapeutics for $50 million in cash and $150 million in common stock.
  • Intuitive Surgical, Inc. ISRG shares are up 4 percent, passing a new 52-week high after reporting a second-quarter earnings beat. Adjusted earnings came in at $2.76, beating estimates by 26 cents. Sales came in at $909 million, beating estimates by $32 million. The company says Da Vinci Procedures grew 18 percent year-over-year and Da Vinci Surgical System shipments were up 32.5 percent.
  • Skyworks Solutions Inc SWKS shares are up 3 percent after reporting a third-quarter earnings beat. Earnings came in at $1.64, beating estimates by 4 cents. Sales came in at $894 million, beating estimates by $5 million. The company raised its quarterly dividend from 32 cents to 38 cents per share. Skyworks Solutions sees fourth quarter sales up 11-13 percent sequentially and issued strong earnings and sales guidance.

Losers

  • Skechers USA Inc SKX shares are down 24 percent despite reporting a second-quarter sales beat. GAAP EPS came in at 29 cents per share. Sales came in at $1.135 billion, beating estimates by $5 million. Comps were up 4.5 percent in the quarter. Skechers issued weak third-quarter earnings and sales guidance.
  • Zynerba Pharmaceuticals Inc ZYNE shares are down 18 percent after announcing a common stock offering. The size was not disclosed.
  • FTD Companies Inc FTD shares are down 6 percent after announcing review of strategic alternatives, naming Scott Levin as CEO. The company also issued preliminary second quarter EBITDA of $15.7 million-$18.4 million and sees sales coming in below estimates. The company also cut FY18 adjusted EBITDA outlook from $52 million-$62 million to $37 million- $41 million.
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