After Hours Summary: ANGO +7.6%, SWY +6.8%, MU +0.1%, EOPN -29.7%, SGI -14.6%, GPS -5.2%, ZAGG -2.1% following earnings/guidance After Hours Gainers: Companies trading higher in after hours in reaction to earnings: ANGO +7.6%,SWY +6.8%, MU +0.1%
Companies trading higher in after hours in reaction to news: - OCLR +8.1% (announced sale of Fiber Amplifier and Micro-Optics business to II-VI Inc. for $88.6 mln), - SAIA +1.7% (to replace Gulfport Energy (GPOR) in the S&P SmallCap 600), - FXCM +1.5% (to replace Kaydon (KDN) in the S&P SmallCap 600), - GPOR +0.8% (to replace WMS Industries (GPOR) in the S&P MidCap 400), - CHMT +0.6% (announced agreement to sell consumer products segment to KIK Custom Products for $315 mln; commences exploration of sale of agrochemicals business; co also sees Q3 earnings below consensus), - RMAX +0.6% (announced expansion into Asia with entry into Japan) After Hours Losers:
Companies trading lower in after hours in reaction to earnings: EOPN -29.7%, SGI -14.6%, GPS -5.2%, ZAGG -2.1%, LRN -0.5%
Companies trading lower in after hours in reaction to news: - ASTM -20.9% (announced one-for-twenty reverse stock split), - GORO -4.6% (announced resignation of CFO Brad Blacketor), - NMFC -3.1% (commenced primary offering of 3 mln shares of common stock and secondary offering of 3 mln shares of common stock on behalf of selling stockholder), - LXP -2.3% (announced public offering of 10 mln common shares), - LZB -1.5% (to acquire two La-Z-Boy Furniture Galleries stores in Ohio)