After Hours Summary: SCVL +14%, SMTC -12%, BOX -4%, FIVE -1% following earnings/guidance, DRYS down nearly 20% on huge loss/subpoena newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCVL +14.1%, CTRP +0.5%, WDAY +0.4%
Companies trading higher in after hours in reaction to news: APEN +4.9% (announces CE Mark approval for the ORBERA365 Managed Weight Loss System), OTIC +3.5% (very modest rebound after closing 80%+ lower on the day), MOMO +3.3% (initiated with Buy rating after the close at Goldman), AN +2.3% (continued strength), VVUS +2.2% (Vivus enters into a settlement agreement with Dr. Reddy's resolving patent litigation related to Qsymia), YY +2% (initiated with Buy rating after the close at Goldman), MRCY +0.9% (ticking higher; received Aerospace Standard 9100 certification for its Mercury Defense Systems Advanced Design Centers), GILD +0.7% (continued strength), TIF +0.4% (Argenta Holdings Sarl owner / Director disclosed purchase of 48936 shares valued at approx $4.4 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DRYS -18.8% (reports huge Q2 loss, co also received a subpoena from the SEC), SMTC -11.9%, BOX -4.3%, FIVE -1.2%,
Companies trading lower in after hours in reaction to news: MVIS -4.6% (announces $3.15 mln investment from current shareholder; company sold 1.5 mln unregistered shares to private investor at a price of $2.10 per share), Q -1.9% (Director/10% owner TPG Group sold shares and lowered active stake)