After Hours Summary: AMSC +16.9%, OLLI +7.5%, MW -15.2%, FLSR -9.8% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings: AMSC +16.9%, OLLI +7.5%, NSR +6.4% (also completed MarketShare Partners acquisition)
Companies trading higher in after hours in reaction to news: QTNT +5.8% (entered into a construction contract with MW High Tech Projects), FTI +5.1% (following report that company may merge with Technip (TKPPY), XOMA +4.8% (entered into a settlement and amended license agreement with Pfizer (PFE), MNOV +3.9% (announced positive findings from a clinical trial of mn-166 in alcohol use disorder; Ibudilast, but not placebo, significantly decreased basal, daily alcohol craving over the course of the study), NVGN +2.8% (named James Garner as CEO effective February 1).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: MW -15.2%, FLSR -9.8%
Companies trading lower in after hours in reaction to news: PE -3.8% (announced an acquisition of undeveloped acreage and producing oil and gas properties in the Midland Basin, for $148.5 mln in cash), ITCI -3.6% (announced additional efficacy/safety data from first Phase 3 clinical trial of ITI-007; to host a conference call December 10 at 8:30 am ET to discuss data), WES -3.4% (extended its commodity price swap agreements with Anadarko (APC) for the DJ Basin complex and Hugoton system from January 1 through December 31, 2016), CSTM -3.2% (subsidiary Wise Alloys reported that it will explore alternatives to refinance its existing Asset Based Lending facility).