After Hours Summary: BBBY -6.2% falls on earnings miss, store closures; nice guidance from VERI +10.9%, PTC +6.7% and SAP +5.5%After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VERI +10.9% (guides Q2 revs above consensus), PTC +6.7% (guides JunQ revs above consensus), SAP +5.5% (provides Q2 update, reaffirms 2020 outlook), CCF +0.1%
Companies trading higher in after hours in reaction to news: OPTN +20.5% (signs co-promotion agreement with kaléo for XHANCE), CRNX +3.7% (receives orphan drug designation from FDA for Paltusotine for treatment of Acromegaly), SAR +2.6% (reinstates quarterly dividend), HRZN +1.3% (provides Q2 portfolio update), COST +1.2% (reports June comps), ERI +0.4% (confirms receipt of approval from the Nevada Gaming Control Board)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BBBY -6.2%, TPB -4% (raises Q2 revenue guidance)
Companies trading lower in after hours in reaction to news: GLG -10.3% (files for $100 mln mixed securities shelf offering), OTIC -8.4% (stock offering), ALPN -5.7% (files for $60 mln mixed securities shelf offering), ZYME -0.8% (signs new license agreement with Merck), ANAB -0.6% (receives orphan drug designation for imsidolimab)