After Hours Summary: ASNA +15%, SNX +9%, RHT +4% following earnings/guidance, GHL +13% on leveraged recapitalization plansAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ASNA +15.2%, SNX +9%, RHT +4.1%
Companies trading higher in after hours in reaction to news: ACTA +27.8% (Actua to sell its three majority-owned businesses for $549 million in cash; intends to distribute substantially all net proceeds to stockholders), GHL +12.8% (plans leveraged recapitalization with major share repurchase; to borrow $300 mln and shortly launch contingent tender offer to repurchase up to 9 mln shares at $17/share), PRQR +9.3% (announces 'positive' top-line results from Phase 1b safety and tolerability clinical trial of QR-010, a novel investigational RNA therapeutic in subjects with cystic fibrosis), NDRO +5.6% (announced a special cash distribution), ITUS +3.9% (continued strength), SFLY +2.8% (confirmed integration with the Apple Photos app for macOS High Sierra), BEAT +2.4% (still looking around -- note that Aeterna Zentaris appointed Jeffrey Whitnell as Interim CFO effective today - served as VP Finance & Controller of Lifewatch Services - was acquired by BioTelemetry)
After Hours Losers:
Companies trading lower in after hours in reaction to news: GNCA -48.2% (announces strategic shift to immuno-oncology/development of neoantigen cancer vaccines; corporate restructuring and exploration of strategic alternatives for GEN-003), KDMN -16.6% (announces proposed public offering of common stock and warrants), QEP -6.5% (closes Pinedale divestiture; reduced 2017 oil production guidance to midpoint of 19.75 MMbbl, natural gas production to midpoint of 167.5 Bcf and NGL production to midpoint of 5.5 MMbbl), SBRA -6% (reaffirms 2017 and updates 2018 outlook; closed sale/leaseback transaction, begun the process for sale of remaining 43 facilities leased to Genesis Healthcare; plans to offer 16,000,000 shares of its common stock in an underwritten public offering), TXMD -5.9% (launches public offering of 12.4 million shares of common stock), SRC -5.1% (files mixed securities shelf offering), CSGP -1.8% (files mixed securities shelf offering; commences public offering of $750.0 mln of common stock)