After Hours Summary: ALPN +36.6% to be acquired by VRTX; COST +0.5% higher on March comps and dividend increase; REGN -2.6% lower as US DOJ files complaint
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: ALPN +36.6% (VRTX to acquire ALPN for $65/sh; aslo provides updated clinical data from Povetacicept in IgA Nephropathy), ARTNA +2% (says it's prepared to meet EPA's new drinking water standard), NEOG +0.9% (CFO bought 12500 shares at $12.51 worth ~$156K), COST +0.5% (reports March comps; also increases dividend), RSKD +0.3% (authorizes new $75 mln share repurchase program), AMK +0.1% (reports March platform assets)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RCEL -3% (lowers Q1 commercial revenue guidance)
Companies trading lower in after hours in reaction to news: REGN -2.6% (US DOJ files False Claims Act complaint against REGN for fraudulent pricing reporting), STC -2.2% (acquires the All New York Title Agency), SGHT -1.9% (announces publication of study relating to patients treated by MIGS technologies), VRTX -0.9% (VRTX to acquire ALPN for $65/sh), BIO -0.2% (COO to retire)