After Hours Summary: DATA +8%, FIT +7%, SQ +5%, AIG +1.4% following earnings/guidance, KPTI +30% on license agreement news... CAKE -8%, CAR -6%, TSLA -2.4%, FB / KHC -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SITO +17.3%, FIVN +12.2%, AIRG +10.9%, TLRD +9.8% (Tailored Brands and Macy's announce joint plan to wind down operations under the tuxedo rental license agreement Macy's, Inc. had established with Men's Wearhouse on June 9, 2015; Tailored Brands updates FY18 guidance), ATSG +9.5%, WTI +8.9%, TGB +8.9%, FORM +8.4%, AOSL +8% (ticking higher), DATA +7.9%, FIT +7%, PCOM +6.4%, GTE +6.1%, ARWR +5.8%, RAIL +5.6% (ticking higher), SQ +5.2%, HIVE +5.1% (ticking higher), NVDQ +4.6%, HIIQ +4.1%, BRKR +3.4% (light volume), PIP +3.3%, GPL +3.3%, OSUR +3%, VVUS +2.9%, CF +2.9%, ARRS +2.8%, WPX +2.6%, SRI +2.6%, STMP +2.2%, ALB +2.2%, HZN +2.1% (ticking higher; also announces share repurchase program for up to 1.5 million shares authorized by Board of Directors), AIG +1.4%, LNC +1.3%, IO +1.2%, PRU +1.1%
Companies trading higher in after hours in reaction to news: KPTI +29.6% (Karyopharm Therapeutics and Anivive Lifesciences sign exclusive global license agreement for verdinexor; KPTI to receive $1 mln upfront payment and eligible to receive up to $43.5 mln in future milestones, plus royalties), SCON +15.2% (10% owner Director Kopp disclosed the purchase of 200K shares), APHB +10.7% (still checking)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance/SSS: CAKE -8.3%, CAR -6.4% (also enters into a new cooperation agreement with SRS Investment Management, terminating the stockholder rights plan it adopted earlier this year), GKOS -5.5%, MITL -5.4% (ticking lower; also discloses workforce reduction), BEAT -5.1%, ANDE -5%, SRC -4.7%, OUT -3.9%, NUS -3.8%, CTL -3.7%, EYES -3.1%, DDD -3%, LPI -2.9%, RUBI -2.8%, CBL -2.8%, TSLA -2.4%, LVLT -2.4%, FB -2.3%, PXD -2.2%, KHC -1.6%, QRVO -1.5%, MASI -1.4%, ZUMZ -1.1% (reports April comps of +7.8% vs -6% year ago and +1.1% last month; sees Q1 EPS at low end of (prior guidance based primarily on a higher than expected tax rate)Companies trading lower in after hours in reaction to news: BPMX -27.1% (achieves the primary endpoint in its phase 2b clinical trial evaluating BPX-01; secondary endpoint results were not statistically significant; has not yet analyzed the safety data from the phase 2b study), LNTH -8.6% (commences 3 mln common stock offering by its existing stockholders), CVNA -6.2% (continued weakness), GDDY -3.8% (announces public offering of 24,000,000 shares of Class A common stock; expects to repurchase, from the selling stockholders, an aggregate of $275 million of limited liability company units of Desert Newco), PETX -3.5% (prices registered direct offering of 5 mln shares at $5.25/share), HUBS -3.3% (to offer $300 mln aggregate principal amount of Convertible Senior Notes due 2022, in a private offering), AMAG -1.5% (commences $250 mln offering of Convertible Senior Notes due 2022)m