After Hours Summary: AMD +7% extends Tesla AI related move higher, TPRE +5% on S&P SmallCap 600 addition news and APC +5% after launching multi billion dollar repurchase plan/reaffirming guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: AMD +6.9% (extending late move higher on reports that Tesla is working with AMD for an AI self-sdriving chip), VERI +5.1% (extending this week's 50%+ move higher), TPRE +4.9% (to join S&P SmallCap 600), APC +4.6% (announces $2.5 bln share-repurchase program; reaffirms the guidance it had previously provided for the deepwater Gulf of Mexico, DJ and Delaware basin assets), ABUS +4.5% (continued strength), GVP +3.6% (thinly traded - acquires Absolute Consulting for $8.75 mln in cash), KND +3.6% (rebounding on light volume; sees $20 mln pre-tax hit to Q3 earnings due to Hurricanes Harvey and Irma), GBT +3.3% (initiated after the close with a Buy rating and $51 tgt at Needham), AMPH +2.9% (received FDA approval of its ANDA for sodium bicarbonate injection 8.4% in 50 mL Luer-Jet Prefilled Syringe System), AERI +2.6% (confirms FDA Advisory Committe meeting scheduled for October 13 to review its NDA for Rhopressa for the treatment of patients with open-angle glaucoma or ocular hypertension), LUNA +2.4% (Board reinstates $2 mln stock repurchase program), APRN +2.1% (higher after Albertsons announced the acquisition of Plated, a premier meal kit service), USG +1.4% (continued strength -- gypsum/wallboard related names were notably higher on anticipated price increase), TBPH +1.3% (ticking higher - highlights results from GlaxoSmithKline and Innoviva's Phase 3 IMPACT study of Trelegy Ellipta)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: MLHR -1.3%
Companies trading lower in after hours in reaction to news: RWLK -8.8% (files for $15 mln ordinary share offering), JUNO -4.2% (announces $225 mln share offering), NVDA -1.9% (extending late move lower on reports that Tesla is working with AMD for an AI self-sdriving chip), VEON -1.4% (Telenor commences offering of 90 mln of its common shares), CRTO -1.3% (Gotham City Research releasing second portion of CRTO series), CMG -1.2% (pulling back as today's queso related optimism fades), HBI -0.8% (indicated lower following downgrade after the close to Neutral at Nomura/Instinet)