After Hours Summary: ARTX +10.8%, BDE +7.5%, JMEI +6.3%, MCP -18.9%, BOOM -12%, CALL -9.4% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: ARTX +10.8%, BDE +7.5%, JMEI +6.3%, KVHI +6%, NES +5.8%, QUNR +3.1%, LJPC +3.1%, CUI +1.6%
Companies trading higher in after hours in reaction to news: IMNP +9.0% (to develop a novel topical nanoparticle formulation of AmiKet), BDE +7.5% (announced that it has engaged the financial advisory firms Rothschild Inc. and Robert W. Baird & Co. to lead the exploration of a full range of strategic alternatives for each of its brands; co also reported earnings), FISI +7.3% (filed for $100 mln mixed securities shelf offering), KIN +4.1% (announced positive results of pilot field study of KIND-012 for the control of fever in horses; Randomized, blinded, placebo-controlled Phase 2 study meets its primary endpoint), AAL +3.6% (to replace AGN in the S&P 500), AMRN +3.2% (announced the presentation of findings from a new in vitro study showing that pretreatment with eicosapentaenoic acid reduced oxidation of small dense LDL and resulted in improved endothelial function), NUS +2.3% (received approval from China's Ministry of Commerce for the company to commence direct selling activities in Shaoxing City in Zhejiang Province) NXTD +1.6% (announced it has shipped Wocket smart wallets today)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: MCP -18.9%, BOOM -12%, CALL -9.4%, XONE -9.2%, EGY -7.4%, STEM -6.5%, WYY -4.8%, NOAH -4.7%, OMER -3.7%, FXEN -3.3%, BDSI -2.3%, ANW -0.7%, WGBS -0.4%, SGYP -0.3%
Companies trading lower in after hours in reaction to news: CRZO -4.8% (announced public offering of 4.5 mln shares of common stock), ABIO -3.7% (provided GENETIC-AF clinical trial update; Protocol amended to broaden trial population and increase enrollment rate, Phase 2B of GENETIC-AF anticipated to complete enrollment by year-end 2016), JMBA -3.3% (filed to delay Form 10-K), MYE -2.5% (filed to delay Form 10-K; co has recently uncovered what appear to be errors in the accounting for inventory and possibly fraudulent activities at its Brazilian operations), WD -2.0% (announced the commencement of a public secondary offering of 8,246,534 shares of common stock held by funds managed by affiliates of Fortress Investment Group LLC (FIG); In addition, co will repurchase from the Underwriter 3 mln of those shares), KCAP -1.9% (filed to delay Form 10-K), RTRX -1.6% (co offering to sell 5.1 mln shares of its common stock in an underwritten public offering)