After Hours Summary: ANDE +26% following acquisition proposal from HCHCAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NETE +19.4%, AGIO +2.8%
Companies trading higher in after hours in reaction to news: ANDE +26.3% (HC2 Holdings (HCHC) sends letter to Chairman of ANDE stating desire to acquire Co for $37/share in cash), PETX +7.9% (announces the FDA Center for Veterinary Medicine approved Entyce for appetite stimulation in dogs), CETX +3.6% (files to withdraw form S-3 files with SEC on April 11, 2016), AGIO +2.8% (Co & Celgene (CELG) announce a strategic collaboration focused on metabolic immuno-oncology, Agios to receive an upfront cash payment of $200 mln), AVID+1.5% (CEO disclosed purchase of 100K shares in multiple transactions)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: VIPS -9.9%, ACXM -8.2%
Companies trading lower in after hours in reaction to news: MACK -4.8% (presented expanded analysis of its Phase 2 study of seribantumab in combination with exemestane in HER2-negative, hormone receptor positive metastatic breast cancer)