After Hours Summary: CTCT +13.4%, CPSS +2.7%, AA +2.3%, ISRG -9.7%, MG -4.4%, SAIC -2.7%, WDFC -1.7% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: CTCT +13.4%, CPSS +2.7%, AA +2.3%
Companies trading higher in after hours in reaction to news: BV +5.3% (entered into Letter of Intent with Viewpoints to divest PowerReviews business; terms not disclosed), RARE +1.4% (seeing slight uptick following CEO appearance on CNBC to discuss co's pipeline), FENG +0.7% (Point72 Asset Management disclosed 5.7% passive stake in 13G filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ISRG -9.7%, MG -4.4%, SAIC -2.7%, WDFC -1.7%
Companies trading lower in after hours in reaction to news: AVIV -3.2% (announced that it has commenced an underwritten public offering of 8 mln shares of its common stock), HCLP -1.4% (announced primary offering of 4.25 mln common units; co also announces acquisition of Augusta facility and provided updated guidance for Q1), IMGN -0.9% (announced first clinical findings with refined dosing strategy for IMGN853: Initial findings show new dosing approach for IMGN853 achieves objective