After Hours Summary: ACIA +21%, RUN +15%, JWN +11% on earnings/guidance, SGI +29% on acquisition news... VJET -16.4% and RT -6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ACIA +21.1%, RIBT +15.7%, RUN +15.3% (also enters into Sales Agreement to offer and sell shares up to $10 mln of its common stock), COSI +11.2% (thinly traded), JWN +10.7% (also continues to explore and consider alternatives, which may include a possible reorganization), AVXL +6%, ITRI +5.3%, JCP +4% (also restating earnings due to error in tax calculation), NVDA +3.2%, PLNT +1.6%, CDXC +1.4%, DAR +0.5%, AZPN +0.3% (ticking higher)
Companies trading higher in after hours in reaction to news: SGI +28.8% (Silicon Graphics to be acquired by Hewlett Packard Enterprise for $7.75 per share in cash; SGI also reported earnings), DK +11.5% and CVI +9.7% (Delek US Holdings higher on NYPost report that CVR Energy is planning to make an offer for the company), JCP +4% (following JWN results - reports earnings tomorrow), RDN +1.2% (EVP/Chief Risk Officer disclosed purchase of 16000 shares, worth total of $206K), CRAY +0.9% (following SGI/HPE acquisition news), BTG +0.9% (enters into $100 mln equity distribution agreement for the issuance and sale of common shares), PBF +0.7% (PBF Logistics announces letter of intent to acquire a 50% interest in Torrance Valley Pipeline Company LLC from an affiliate of PBF Energy for a total consideration of ~$175.0 mln in cash)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ORIG -54.2%, VJET -16.4%, XCOM -15.9% (also provides Phase I trial data for AVXS-101 -- Continued motor function improvement with 25% of patients in the proposed therapeutic dose group in the normal range), RT -6.4%, APDN -5.5% (ticking lower), AMDA -5.3%, AVXS -5.2% (ticking lower), UPLD -4.1%, PTX -4%, UNXL -3.4% (thinly traded), DDS -3.4%, VIAV -3.1%
Companies trading lower in after hours in reaction to news: PBFX -3% (ticking lower - announces letter of intent to acquire a 50% interest in Torrance Valley Pipeline Company LLC from an affiliate for a total consideration of ~$175.0 mln in cash; announces a 4 mln common unit underwritten public offering representing limited partner interests)