After Hours Summary: GIII +6.5%, AMBA +1.0%, VMEM -12.0%, NCS -3.9%, GWRE -2.9%, MIND -1.2%, GES -0.5% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: GIII +6.5%, AMBA +1.0%
Companies trading higher in after hours in reaction to news: HRTX +6.5% (Chairman Kevin C Tang discloses purchase of 150k shares at average price of $20.62 (transaction dates 5/29, 6/1, 6/2)), LPTH +6.4% (provided update on its new infrared product line), CLLS +0.5% (co and Weill Cornell Medical College have entered into a strategic translational research alliance to accelerate the development of a targeted immunotherapy for patients with acute myelogenous leukemia)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: VMEM -12.0%, NCS -3.9%, GWRE -2.9%, MIND -1.2%, GES -0.5%
Companies trading lower in after hours in reaction to news: OPXA -5.9% (disclosed that it has requested an additional 180-day grace period to regain compliance with NASDAQ's minimum bid price requirement), ORIG -5.1% (announced offering of common stock), NOR -4.4% (disclosed receipt of a notice of termination from Ameren advising that, effective June 1, 2020, it is terminating the December 14, 2004 Agreement), RMTI -1.7% (filed for $200 mln offering of common stock), ENDP -1.2% (announced proposed public offering of $1.75 bln of ordinary shares)