Gainers
- Overstock.com Inc OSTK shares are up 16 percent after posting a second quarter sales beat. Sales came in at $483 million, beating estimates by $9 million. Earnings came in at $(2.20) which does not compare to the $(0.82) estimate. News also broke that GSR Capital is set to invest in Overstock’s tZERO at a $1 billion valuation.
- Puma Biotechnology Inc PBYI shares are up 18 percent following a second quarter earnings beat. Earnings came in at $(0.59), beating estimates by 67 cents. Sales came in at $51 million, beating estimates by $5 million.
- Trade Desk Inc TTD shares are up 18 percent after reporting a second quarter earnings beat. Earnings came in at 60 cents per share, beating estimates by 16 cents. Sales came in at $112 million, beating estimates by $8 million. The company issued strong third quarter sales guidance and raised FY18 sales guidance from $433 million to $456 million.
- Acxiom Corporation ACXM shares are down 2 percent after posting a first quarter earnings beat. Earnings came in at 24 cents per share, beating estimates by 6 cents per share. Sales came in at $227 million, beating estimates by $7 million. The company reaffirmed FY19 EPS guidance.
- Sunrun Inc RUN shares are down 11 percent after reporting a second quarter sales beat. Revenues came in at $171 million, beating estimates by $3 million. GAAP EPS came in at 6 cents per share, which does not compare to the 25 cent per share estimate. The company expects deployments to grow 15 percent year-over-year.
- Corcept Therapeutics Incorporated CORT shares are down 19 percent after reporting a second quarter earnings miss. Earnings came in at 20 cents per share, missing estimates by 4 cents. Sales came in at $62 million, missing estimates by $7 million.
- Dropbox Inc DBX shares are down 8 percent despite reporting a second quarter earnings beat. Earnings came in at 11 cents per share, beating estimates by 5 cents. Sales came in at $339 million, beating estimates by $8 million.
Losers
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