After Hours Summary: LMNX +9.7%, FN +9.6%, PVH +6.2%, MAT +5.9%, GOOG +5.6%, IDTI -16.1%, RCII -9.6% following earnings/guidance; LOJN +18.2% following M&A newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LMNX +9.7%, FN +9.6%, PVH +6.2%, MAT +5.9%, GOOG +5.6%, CACC +3.1%, HAIN +1.8%
Companies trading higher in after hours in reaction to news: LOJN +18.2% (to be acquired by CalAmp (CAMP) for $6.45/share in cash, or ~$134 mln), CHRS +1.8% (CHS-1701, a proposed biosimilar of Neulasta (pegfilgrastim), met both primary endpoints), EVH +1.6% (forms new strategic alliance with Passport Health Plan, acquires certain assets and capabilities).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: IDTI -16.1%, RCII -9.6%, RYAM -5.8%, PXLW -5.6%
Companies trading lower in after hours in reaction to news: CBYL -46.2% (announced top-line results from COR1.1 for the treatment of pain associated with osteoarthritis of the knee), PDLI -14.2% (reduces quarterly dividend to $0.05/share from $0.15/share with shift to quarterly assessment of dividends to capitalize on long-term growth opportunities, ACC -2.9% (plans to sell 13 mln shares of its common stock).