After Hours Summary: GEVO +26.2%, PFIE +8.6%, FOSL +8.6%, YDLE -7.3%, NLST -4.3% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: GEVO +26.2%, PFIE +8.6%, FOSL +8.6%, PAHC +7.1%, SUPN +6.5%, OPWR +4.6%, YY +2.7%, SANW +2.6%, LMNS +2.6%, INGN +2.3%, IPWR +1.1%, CYCC +1.0%
Companies trading higher in after hours in reaction to news: MATX +7.8% (to acquire Horizon Lines' (HRZL) Alaska operations; expected to be accretive to earnings and cash flow; HRL also higher by ~60%), DRRX +4.2% (provided an update on POSIDUR: FDA finds it acceptable to conduct only one additional soft tissue clinical trial to generate the data required for approval for the indication of soft tissue post-surgical analgesia), MNDL +1.7% (announced that Digital Turbine Ignite is currently available on a number of Verizon Wireless smartphones and will be added to more over the next several quarters), SWKS +1.1% (announced that its Board has authorized the purchase of up to $300 mln of common stock), QGEN +0.1% (announced it has entered into a master collaboration agreement with Novartis (NVS) to enable the development and commercialization of companion diagnostics to be paired with existing Novartis pharmaceutical products as well as compounds in its development pipeline)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: YDLE -7.3%, NLST -4.3%, NOAH -0.1%
Companies trading lower in after hours in reaction to news: FANG -3.1% (launched a secondary common stock offering of 2 mln shares by selling shareholders), GM -0.4% (seeing reports that co has cut ~160 jobs and slowed production at a Michigan assembly plant due to weakening demand for electric vehicles),