After Hours Summary: ANGO +5.1%, GPS +2.7%, FIVE -14.2%, PSUN -14%, AEGR -13.2%, SHLD -13.2% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: ANGO +5.1%, GPS +2.7%, AEHR +2.2%, HELE +1.3%
Companies trading higher in after hours in reaction to news: - IMMU +17.6% (announced initiation of Phase III clinical trial of Clivatuzumab Tetraxetan in patients with pancreatic cancer), - KIN +14.9% (The Baupost Group (Seth Klarman) discloses 17.93% passive stake in 13G filing), - IMUC +12.1% (issued shareholder letter providing update on ICT-107 program in newly diagnosed glioblastoma), - BLDP +10.1% (announced sales agreement with M-Field For Clean Baseload Power Systems), - SNTA +4.8% (announced launch of GANNET53, a randomized, pan-European study of Ganetespib in p53 mutant, metastatic ovarian cancer), - SQNM +3.8% (announced second national coverage agreement for prenatal diagnostic testing services), - PRCP +2.8% (Co's Helix technology selected by premium German automotive manufacturer for new model launch), - NBIX +2.6% (announced 12-Week safety results from initial Phase IIB study of VMAT2 Inhibitor NBI-98854; Shows "excellent safety profile"), AEHR +2.2% (announced new customer order of more than $1 mln for multiple ABTS Burn-in and Test Systems from a European semiconductor manufacturer)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: FIVE -14.2%, PSUN -14%, AEGR -13.2%, SHLD -13.2%, NRP -11.3%, PRGS -10.7%, CERE -10.4%, CUDA -10.3%, EOPN -8.3%, SCVL -5.4%, GUID -4%, AA -3.8%, SNX -3.2%, FNP -2.8%, MTH -2.6%, PSMT -0.6%
Companies trading lower in after hours in reaction to news: - YRCW -14.8% (Teamsters reject extending, modifying current restructuring agreement), WYY -5.6% (filed for $25 mln mixed securities shelf offering), - FNP -2.8% (announced company name change to Kate Spade & Company; Craig Leavitt to succeed William McComb as Chief Executive Officer; George Carrara promoted to President and Chief Operating Officer), - MTH -2.6% (announced public offering of 2.2 mln shares of common stock)