After Hours Summary: PSTX -35.4% falls on clinical hold; KDP -2% falls on offeringAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CRMT +4%, ARCE +2.5%, PEIX +2.5%, BEST +0.2%
Companies trading higher in after hours in reaction to news: REDU +14% (extends momentum from +48% move during Monday regular session), RXT +10.9% (extends momentum from +10% move during Monday regular session), DBX +4.4% (looking for catalyst), KRYS +4.3% (FDA has granted Orphan Drug Designation to KB407), KNDI +3.7% (extends momentum from +10% move during Monday regular session), MCRB +1.9% (prices 12,075,000 share offering at $21.50/sh), CHGG +1.3% (convertible notes offering), EPC +1.2% (S&P says 'BB' rating affirmed on Cremo acquisition), CCL +0.6% (detected a ransomware attack), BIG +0.4% (Bloomberg suggests BIG's lease back may have quashed potential buyout by APO), FOX +0.3% (FOX News Digital reaches over 2 billion views in July), PCG +0.3% (rotating power outages likely in CA), SDGR +0.2% (prices 5.75 mln share offering at $66/sh), INSP +0.1% (announces two more health pans covering its therapy), PEB +0.1% (provides update on Q3 operating trends), NEM +0.1% (signs Strategic Alliance Agreement with KL), KL +0.1% (signs Strategic Alliance Agreement with NEM)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: API -9.6%, CBPO -6.1%, FN -1.1%
Companies trading lower in after hours in reaction to news: PSTX -35.4% (FDA places trial for P-PSMA-101 on clinical hold to investigate patient death), CNK -5.6% (convertible notes offering), TBIO -4.6% (stock offering), CALM -4.5% (stock offering), MIDD -3.2% (convertible notes offering), SPT -2.8% (prices 6.9 mln share offering at $27.50/sh), AMH -2.5% (stock offering), KDP -2% (stock offering), FUTU -0.4% (stock offering), GILD -0.1% (expands strategic collaboration with Tango Therapeutics)