After Hours Summary: MCOX +22.2%, KANG +4.8%, ENZ +4.6%, SURG -3.2%, CASY -3.0% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: MCOX +22.2%, KANG +4.8%, ENZ +4.6%, LMNR +3.5%, TPLM +2.7%, SPCB +1.7%, PBY +1.4%
Companies trading higher in after hours in reaction to news: RCPT +36.8% (reported positive Phase 2 results for RPC1063 in relapsing multiple sclerosis; Study met primary efficacy endpoint with statistical significance after 24 weeks of treatment), CHS +11.9% (seeing reports that co is exploring going private), CVA +3.1% (co announces cost saving initiative and intention to increase quarterly cash dividend to $0.25 per share from $0.18 per share), ONNN +2.6% (to acquire Aptina Imaging for ~ $400 mln in cash; transaction is expected to be immediately accretive to earnings), SAVE +1.7% (disclosed May 2014 traffic increased 18.7% year over year), CVEO +1.0% (Jana Partners disclosed 11.5% active stake in 13D filing)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: SURG -3.2%, CASY -3.0%
Companies trading lower in after hours in reaction to news: DNDN -5.1% (announced John H. Johnson has informed the Board of Directors of his plans to step down as president and chief executive officer for personal reasons), BAS -4.5% (announced secondary public offering of 6 mln shares of common stock by DLJ Merchant Banking Partners III and related funds), ROYT -4.4% (announced secondary offering of ~2.654 mln trust units by selling unitholders), QIWI -2.9% (filed for offering of ~7.97 mln ADSs, with ~1.99 mln being sold by QIWI, 5.98 mln being sold by selling shareholdes), VRNT -1.6% (announced proposed concurrent underwritten public offerings of 5 mln shares of common stock and $300 mln of convertible senior notes due 2021), EBAY -1.4% (announced that PayPal President David Marcus is leaving the company on June 27 to lead Facebook's (FB) messaging products)