What We’re Trading
FDX - FedEx traded to $180 on the OptionsHouse extended hours platform after they KRUSHED eps, but then investors began to focus on weaker than expected guidance and shares turned and burned to the downside, now trading $172 in an incredible reversal.
ADBE - Adobe is down over 4% after an EPS beat, but immediately lowered forward guidance.
EJ - E-House managed to miss EPS forecasts on stronger than expected sales, but forward guide was enough to pump shares up 4% in the pre.
HLF - A California judge dismissed an investor lawsuit against the company, Herbalife trading $36, up over 4% in the pre.
NKTR - Nektar trading down 15% after they said Phase 3 trial for treatment of breast cancer did not meet primary endpoint.
VTSS - Vitesse Semiconductor to be acquired by MSCC for $5.28 per share in cash, shares scream higher by over 36%.
