After Hours Summary: ACIA +7% following guidance, SALT +6.5% after confirming President insider purchase... MU -4.8% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to guidance: ACIA +7.4% (files amended S-1 for offering of 4.5 mln shares, again raises Q3 guidance)
Companies trading higher in after hours in reaction to news: SALT +6.5% (light volume - President Robert Bugbee has purchased 60K common shares at average price of $3.60/share in the open market), NTIP +2.5% (thinly traded - announces settlement of patent litigation with Polycom), TMH +1.7% (after late spike on potential sale exploration), TWLO +1.7% (Chief Operating Officer Roy Ng transitions to Senior Vice President of Commercial Operations, effective immediately), ARIA +1% (initiated with a Buy at SunTrust, $22 tgt), ENH +0.9% (continued strength after confirming Sompo Holdings potential strategic transaction), KIN +0% (receives a technical section complete letter for effectiveness from the FDA's Center for Veterinary Medicine for Zimeta (dipyrone injection) approving the technical section)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ULH -11% (ticking lower), MU -4.8%, CRM -0.2% (modestly lower -- issued guidance from ongoing Dreamforce conference)
Companies trading lower in after hours in reaction to news: CASC -7.1% (approves reverse split), AAAP -0.6% (ticking lower; commenced an underwritten public offering of $125 million of American Depositary Shares)