TICKER ALERT: WRAPX
After Hours Summary: Drybulk shipping names extending even higher in after hours trade... HIBB -15%, AMKR -10%, RNG -4%, BKD -3%, FLO -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RLOG +33.3%, BLIN +17.9%, KOOL +9.7% (thinly traded), PDFS +6%, CSOD +5.1%, QTNA +4.7%, GUID +3.9%, NVTA +3.7%, SCI +1.5%, BRKR +1.2% (ticking higher)
Companies trading higher in after hours in reaction to news: GIG +12.2% and IDTI +2% (GigPeak to be acquired by Integrated Device Technology for $3.08/share, or approximately $250 mln), ZAIS +11.2% (thinly traded; higher after reporting estimated unaudited net performance returns for the month ended January and Christian Zugel active stake disclosure), TRXC +5.2% (announces first clinical use of Senhance Robotic Surgical System in France; now used to treat gynecologic cancer patients in France), BLDP +5% (has joined consortium with New Flyer to deploy 20 zero-emission fuel cell electric buses in California), URRE +4.3% (continued strength)
Drybulk shipping names are extending even further in after hours trade: SINO +12.8%, DCIX +6.3%, DRYS +3%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: HIBB -15% (sees Q4 results below estimates, offers light FY18 guidance), AMKR -10%, RNG -4.4%, BKD -3%, FLO -2.1%
Companies trading lower in after hours in reaction to news: AVIR -45.4% (announces top-line data from its Phase 2b SPIRITUS trial of Vapendavir; Vapendavir did not demonstrate a statistically significant reduction in the asthma control questionnaire-6 at day 14, the primary endpoint, for either the 264 mg or 528 mg cohorts compared to placebo), GEVO -20.2% (announces proposed public offering of common stock and warrants; announces that WB Gevo, Ltd., the holder of the Co's issued and outstanding 10% Convertible Senior Notes, due 2017, and the Co have agreed to extend the maturity date of the 2017 Notes from March 15, 2017 to June 23, 2017), ATOS -9.8% (files for $4 mln common stock offering), GLNG -5.3% (to offer $350 million aggregate principal amount of Convertible Senior Notes), PFLT -3.1% (plans to make a public offering of 5,000,000 shares of its common stock), DKS -1.6% and BGFV -1.6% (following HIBB guidance)