After Hours Summary: BIIB +1.3% on Aducanumab Fast Track designation... PAY -15%, LULU -9%, AMBA -4%, GPS -2.2%, AVGO -2% following earnings/guidance/SSSAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: ATEC +16.2% (Alphatec completes previously announced sale of its international operations and distribution channel to Globus Medical and announces new capital structure), MGT +7.5% (light volume, MGT Capital Investments files to withdraw registration statement on Form S-3 filed September 24, 2015), VGZ +2.4% (Vista Gold confirms officers and directors increase ownership positions), BIIB +1.3% (Aducanumab was granted Fast Track designation by the FDA)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance/SSS: PAY -14.7%, LULU -8.7%, SEAC -4.7%, AMBA -3.9%, COO -2.4% (also CFO Gregory Matz announces plan to retire in early 2017), GPS -2.2% (reports August same store sales -3% vs -2% year ago and -4% last month), AVGO -2%, SWHC -0.3%
Companies trading lower in after hours in reaction to news: CCXI -8.3% (ChemoCentryx announces initial 12 week overall response rate results from an ongoing open label, single arm Phase Ib clinical trial with CCX872 in patients with advanced pancreatic cancer), PQ -7.8% (elects to not make semi-annual interest payment on its outstanding 10% Senior Notes due 2017), XCOM -5.9% (modestly lower after closing the day up nearly 60%), ZYNE -0.8% (ticking lower - files for $150 mln mixed securities shelf offering; enters into open market sale agreement under which it may issue and sell up to $30 mln in shares of common stock), GPRO -0.6% (following AMBA results