After Hours Summary: MIFI +32.8% on sale of broadband business, restructuring; IMPV +14% on report of acquisition interest; TWTR -2% on downgradeAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AIR +3.3%
Companies trading higher in after hours in reaction to news: MIFI +32.8% (to sell mobile broadband business for $50 mln in cash to T.C.L. Industries Holdings, to restructure into public holding company), BATS +24% (reports suggest CBOE is in talks to acquire BATS), IMPV +14% (shares spiking on reports of interest from potential acquirers), GLUU +4.1% (extends agreement with Kim Kardashian West), JACK +1.1% ( announces completion of an amendment to its existing senior credit facility and announces additional $300 mln share repurchase program ), LNTH +0.9% (anounces that new data from a sub-analysis of its first Phase 3 study of flurpiridaz F 18 for myocardial perfusion imaging in patients undergoing exercise stress testing will be presented at the 21st Annual Scientific Session of the ASNC), VNDA +0.2% (stock spiked 7% after Reuters reported suggesting co is mulling a sale),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: N/A
Companies trading lower in after hours in reaction to news: IPCI -15.3% (responds to recent trading activity, says not aware of any corporate developments that would cause the recent movement in the Company's share price), TWTR -2.3% (downgraded to Underperform from Sector Perform at RBC Capital Markets; tgt to $14), HOMB -1.9% (announces a secondary underwritten public offering of 2.65 mln shares of its common stock by the co's Chairman, John Allison), PLNT -0.8% (announces an 8 mln share secondary offering of class a common stock by selling stockholders),