After Hours Summary: MEET +18.8%, KOOL -13.1%, EXFO -7.3%, PRXL -0.8% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: MEET +18.8%
Companies trading higher in after hours in reaction to news: VNDA +4.6% (reported positive results from the long-term maintenance REPRIEVE study of Fanapt in patients with schizophrenia), NKTR +4.3% (to replace CASY in the S&P SmallCap 600), NFLX +3.3% (co to conduct a 7-for-1 stock split), MCGC +0.9% (received a revised acquisition proposal from HC2 Holdings (HCHC)), CASY +0.6% (to replace AOL int he S&P MidCap 400)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: KOOL -13.1%, EXFO -7.3%, PRXL -0.8%
Companies trading lower in after hours in reaction to news: SYY -2.6% (confirmed that a Federal Court ruled to block co's merger with US Foods), ADHD -2.5% (announced it will present results from its Phase 2 Fragile X trial in a conference call and webcast presentation on Wednesday, June 24, at 8 AM ET), PGN -2.4% (to be replaced in the S&P SmallCap 600 by Semtech), MOFG -2.3% (announced private placement for gross proceeds of ~$8.4 mln; agreed to sell an aggregate of 300,000 newly issued shares of common stock at a purchase price of $28.00 per share to existing shareholders), PQ -1.9% (to be replaced in the S&P 600 by Unit Corp), ASTI -1.5% (received non-compliance notice from Nasdaq), BTU -1.1% (to be replaced in the S&P MidCap 400 by Cable ONE), ARO -1.1% (to be replaced in the S&P SmallCap 600 by TopBuild), ATI -1.0% (to be replaced in the S&P 500 by Columbia Pipeline Group; to replace Unit Corp in the S&P MidCap 400)