After Hours Summary: UAL +1% on earnings/guidance, CAB +7% on revised Bass Pro Shops merger, GIMO / CBL / CYTK higher on index addition news... CUDA -5.2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LMB +2.4% (thinly traded), CE +1.6% (light volume), UAL +0.9% (also guides Q2 metrics; reaffirms FY17 capacity, unit costs)
Companies trading higher in after hours in reaction to news: LIQT +63.4% (very thinly traded; receives $480K marine scrubber order), QTNT +11.8% (light volume; may be rebounding from offering; confirmed the closing of previously announced offering of ordinary shares), WILN +10% (details plan to transform its business into a growth-oriented diversified holding company, will acquire International Road Dynamics for $47.4 mln), IMMY +8.2% (Imprimis Pharmaceuticals and Cameron Ehlen Group, d/b/a Precision Lens, sign three-year exclusive sales representation agreement; promoted Clayton Edwards as Chief Operating Officer effectively immediately), CAB +6.6% (revises transaction agreements in connection with Bass Pro Shops merger, shareholders to receive $61.50/share in cash), AUPH +3.9% (signs definitive agreement granting Merck Animal Health rights to develop and commercialize Aurinia's patented nanomicellar voclosporin ophthalmic solution), GIMO +3.8%, CBL +3.7% and CYTK +3.4% (to join S&P SmallCap 600), RIGL +3.2% (submits NDA to the FDA for fostamatinib in patients with chronic and persistent immune thrombocytopenia; expects to receive notification regarding the acceptance of the NDA by the FDA in June 2017), GBT +3.1% (initiated with Buy at SunTrust), SAVE +1.3% (reports March traffic, highlights Q1 guidance)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: INPX -10.9%, CUDA -5.2%, SPU -1.8%
Companies trading lower in after hours in reaction to news: ARNA -14.2% (announces proposed offering of common stock), AMRS -10.4% (still checking), AGIO -3.6% (commences 4.5 mln common stock offering), CVRS -3.4% (files for $60 mln mixed securities shelf offering ; files for 68,055,700 share common stock offering by selling shareholders), CBLI -3.1% (after surging more than 200% higher), GLPG -1.8% (announces launch of proposed public offering)
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Portfolio Ticker Matches: WRAPX
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