After Hours Summary: VIPS +21.9%, GWRE +4.4%, AMBC +3.3%, ACUR -13.2%, MDR -8.5%, FOLD -6.2% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: VIPS +21.9%, GWRE +4.4%, AMBC +3.3%, MBI +1.4%, ZIPR +1.3%, NUVA +1.0%, GEVA +0.6%, OPK +0.6%, URS +0.4%, VGR +0.1%
Companies trading higher in after hours in reaction to news: PTX +4.2% (Cetus Capital discloses 6.2% active stake in 13D filing), DVAX +2.1% (to receive $5.4 mln milestone from AstraZeneca (AZN); AstraZeneca to assume responsibility for future clinical development of investigational TLR-9 agonist for treatment of asthma), SFUN +1.1% (Lone Pine Capital discloses 6.4% passive stake in 13G filing), AUQ +0.8% (co reports 2013 reserve & resource update; proven and probable mineral gold reserves of 6.5 mln gold ounces, a 0.29 mln ounce decrease from 2012. At the Young-Davidson mine underground reserves increased by 1%, Reserves decreased by 15% at the El Chanate mine)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ACUR -13.2%, MDR -8.5%, FOLD -6.2%, MCP -5.5%, ASNA -4.3%, PDLI -2.8%, MMSI -1.5%, MR -1.5%, SCTY -1.5%, CKH 1.3%, UVE -1.3%, ZIOP -0.7%
Companies trading lower in after hours in reaction to news: MNDL -7.6% (Co announces public offering of common stock, size not disclosed), SNTA -6.8% (co announced that Safi R. Bahcall, Ph.D., has resigned as President, Chief Executive Officer and a member of the Board of Directors; newly formed Executive Committee to act as principal executive body), BLRX -4.8% (announced public offering of its American Depositary Shares, size not disclosed), ARP -3.4% (announced public offering of 5.5 mln common units representing limited partner interests), ACAD -3.1% (announced proposed public offering of $150 mln shares of common stock), RTI -2.1% (filed to delay its 10-K), COWN -1.8% (to offer $125 mln of cash convertible senior notes), MKND -1.6% (disclosed it entered into $50 mln At-The-Market Issuance Sales Agreements), CIM -1.3% (filed to delay its 10-K), SCTY -1.2% (filed to delay its 10-K), APAM -1.1% (announced commencement of public offering of 7 mln shares)