After Hours Summary: APDN +20% on earnings, KMT -19% on guidance revision, LL +22% as Tilson covers, NEOT -76% on trial flopAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings: APDN +20.2%
Companies trading higher in after hours in reaction to news: LL +22.3% (Whitney Tilson announced he has covered his short), UTSI +7.9% (Shanghai Phicomm Communication disclosed 31.7% active stake, stated interest in acquiring control of UTSI), WGBS +5.1% (Signed collaboration agreement with the Luxembourg Institute of Health), MNOV +2% (Received notice of allowance for a new patent from the Chinese Patent Office which covers MN-029 (denibulin) di-hydrochloride)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: KMT -19.2%, BPMX -12.1%, PAY -3.5%
Companies trading lower in after hours in reaction to news: NEOT -76.3% (Announced that its AbCONTOUR1 and AbCONTOUR2 U.S.-based pivotal Phase 3 trials to evaluate the safety and efficacy of LIPO-202 did not meet its co-primary composite and secondary endpoints)