After Hours Summary: NTRI +18.5%, ALB +3%, EOG +2% following earnings/guidance, SBY +17% on M&A news... THC -14% following earnings/guidance, FRGI -13.3% on earnings/sale evaluation suspensionAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NTRI +18.5%, BWXT +5.3% (light volume), KND +5.1%, TCMD +4.3%, WUBA +4.3%, PCLN +4%, ALB +3.4%, EOG +2.2%, HTZ +1.5%
Companies trading higher in after hours in reaction to news: SBY +17% (Silver Bay Realty Trust agrees to be acquired for $21.50 per share in cash), NSPR +15.4% (continued strength), INUV +13.5% (Inuvo's Vertro and Google entered into a Google Services Agreement), DRYS +7% (to initiate a new dividend policy; will pay a regular fixed quarterly dividend of $2.5 million to the holders of common stock), X +3.6% (upgraded to Outperform from Market Perform at Cowen)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: THC -14.4%, ESND -14.4% (ticking lower), FRGI -13.3% (also provides strategic update), PRGO -10.8% (also announces the resignation of CFO Judy Brown effective April 1, 2017; Ron Winowiecki appointed CFO effective immediately; to divest Tysabri royalty stream for up to $2.85 billion), KONA -9.9%, NVAX -9.2%, FTR -7.9%, ZTO -4.9%, IPWR -4.2% (enters into a definitive securities purchase agreement with various investors to raise gross proceeds of approx. $15 mln in a private placement of common stock and warrants to purchase common stock), ANTH -4%, CPE -3.7%, KTOS -3.2%, WDAY -2.2%, WDAY -2.2%, EXEL -2.1%, APLE -1.2%, DLNG -0.7%,
Companies trading lower in after hours in reaction to news: NVAX -9.2% (pulling back after closing near highs with notable afternoon move to highs), TTNP -7.9% (receives FDA communication on ropinirole implant Investigational New Drug Application; FDA indicated that it will require final release test data), HTGM -5.7% (modestly pulling back), TCAP -3.7% (announces the commencement of a public offering of 7,000,000 shares of common stock), HPP -2% (commences 8.5 mln common stock offering), O -1.8% (commences an underwritten public offering of 8,000,000 shares of common stock), SQ -1.7% (commences $350 mln offering of convertible senior notes due in 2022), TZOO -1.6% (following PCLN results)