After Hours Summary: CLDN +3.7%, BAMM +3.6%, AUPH +2.9%, GV -22.8%, SMTX -5.5%, ARGS -2.8% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: CLDN +3.7%, BAMM +3.6%, AUPH +2.9%, MVG +0.6%
Companies trading higher in after hours in reaction to news: OXGN +9.0% (Frigate Ventures disclosed 8.4% passive stake in 13G filing), PQ +6.3% (provided update on borrowing base re-determination: $220 mln borrowing base has been revised to $190 mln), AKAO+2.5% (to host webcast/teleconference providing an update on plazomicin tomorrow March 31 at 4:30pm ET),DRYS +1.9% (announced agreement to sell Suezmax tanker fleet for an en-bloc sales price of $245 mln), TSLA +1.3% (seeing reports that co has seen strong growth in China sales)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: GV -22.8%, SMTX -5.5%, ARGS -2.8%, ATOS -0.5%, MDLY -0.2%
Companies trading lower in after hours in reaction to news: EGY -15.0% (announced that the post-salt Kindele-1 well was drilled to a total vertical depth of ~1,829 meters; Mucanzo sand formation in the Pinda Group section currently in the process of being plugged and abandoned), SNTA -9.9% (commenced an underwritten public offering of shares of its common stock; size not disclosed), TCK -7.4% (co announced it is not in discussions with Antofagasta (ANFGY) in relation to any form of transaction, and there are no other corporate developments that justify any significant movement in its share price), INSM -4.2% (announced public offering of 10 mln shares of common stock), RPTP -2.3% (commenced an underwritten public offering of $75 mln of shares of its common stock), AXTA -1.2% (commenced a secondary offering of 35 mln common shares by certain affiliates of The Carlyle Group)