After Hours Summary: PANW +10.6%, PLKI +2.8%, UHAL +0.8%, TLYS -22.5%, GMAN -13.6%, SB -2.5% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: PANW +10.6%, PLKI +2.8%, VTL +2.1%, UHAL +0.8%
Companies trading higher in after hours in reaction to news: ICPT +6.0% (announced that FDA granted Fast Track designation to obeticholic acid for the treatment of patients with primary biliary cirrhosis), RCAP +2.1% (announced proposed public offering of 15 mln shares of Class A common stock; RCAP Holdings, the controlling stockholder of RCAP, proposing to offer and sell 5 mln shares), BCRX +1.8% (priced public offering of 10 mln shares of common stock at $10 per share), EROC +1.4% (announced credit facility amendments and new upstream borrowing base), BBRY +1.4% (Co's CEO said he expects the company to be cash flow positive or breakeven by year-end), JNPR +0.9% (announced settlement of patent litigation with Palo Alto Networks (PANW)), LOCK +0.9% (Okumus Fund Management discloses 8.67% passive stake in 13G filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: TLYS -22.5%, GMAN -13.6%, SB -2.5%
Companies trading lower in after hours in reaction to news: FN -3.7% (announced secondary offering of 3.15 mln shares by selling shareholder), STON -3.6% (announced public offering of 2.6 mln common units), SPHS -2.9% (filed for ~3.409 mln share common stock offering by by Aspire Capital Fund), BAH -1.6% (announced sale of 10 mln shares of common stock by an affiliate of the Caryle Group), CSTE -1.5% (announced offering of 5.5 mln shares by selling shareholder), P -0.8% (down slightly following Apple acquisition of Beats Music & Beats Electronics)