After Hours Summary: AKAM +8%, JNPR +7%, VRTX +6%, PNRA +6%, IRBT +5% following earnings/guidance, TWTR +3.4% amid renewed M&A speculation... EW -13%, WFT -11%, CHRW -6%, P -6%, AAPL -3% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCKT +24.6% (ticking higher), UIS +11.2%, AKAM +8.1%, JNPR +7.4%, VRTX +6% (also initiates two Phase 2 studies to evaluate the next-generation correctors VX-440 and VX-152 in triple combination regimens with tezacaftorand ivacaftor in people with cystic fibrosis), PNRA +5.8%, IRBT +4.9%, NCR +3.5%, OI +3.5%, RRC +3.1% (light volume), MRCY +2.9% (ticking higher), ESRX +1.6% (modestly higher but has pulled back since disclosing recent receipt of civil investigative demand from the United States Attorney's Office & subpoena duces tecum from the DOJ and United States Attorney's Office), MDR +1.5%, CYBE +1%, BXMT +0.7% (ticking higher)
Companies trading higher in after hours in reaction to news: OGXI +21.5% (announces 'positive' survival results from the final analysis of the Phase 2 Borealis-2 trial), LGCY +17.6% (executes a second lien term loan credit agreement with GSO Capital Partners LP to provide loans in an aggregate amount up to $300 million; adds additional director), TWTR +3.4% (M&A blog Betaville discusses vague rumors that Disney could again be looking at the company), FNBC +2.8% (First NBC Bank releases statement in response to 'unfounded assertions' and confirms it remains profitable), CIEN +2.6% (JNPR sympathy), OIS +0.8% (ticking higher; upgraded to Overweight from Equal Weight at Morgan Stanley)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EW -13.2%, NUVA -11.4%, WFT -10.7%, CHRW -6.4%, P -5.7%, COLL -5.6% (sees Q3 revs of $400k vs $2.20 mln two analyst estimate; sees cash and cash equivalents of approximately $90.9 mln as of September 30; commences common stock offering), RCKY -4.3% (thinly traded), GLAD -3.3% (also announced plans to sell shares of its common stock in an underwritten public offering;), CMG -2.9% (also also approved the investment of up to an additional $100 million to repurchase shares of common stock), AAPL -2.8%, COF -1.9%
Companies trading lower in after hours in reaction to news: BLPH -18.9% (files for $24 mln mixed securities shelf offering), RTTR -16.2% (intends to offer for sale shares of its common stock in an underwritten public offering), TNXP -11.3% (intends to offer shares of its common stock and warrants to purchase common stock in an underwritten public offering pursuant to a shelf registration statement on Form S-3 previously filed), DPLO -5.5% (promotes Paul Urick to President effective November 1st), DPLO -5.5% (CFO Sean Whelan to step down, Paul Urick has been promoted to Diplomat's president), BLDP -2.3% (closes joint venture deal for local production of fuel cell stacks in China; expected to generate $170 mln minimum revenue over 5-years), LVS -0.3% (lower in after hours on Reuters report of Nevada gambling probe)