After Hours Summary: BUFF +13%, BETR +11.2%, ADRO +8.8%,ZAGG -10.1% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: BUFF +13%, BETR +11.2%, ADRO +8.8%, NCS +5.7%, AMED +3.3%, REGI +2.9%
Companies trading higher in after hours in reaction to news: AMRN +8.3% (reached settlement terms to resolve the Amarin First Amendment litigation), VRX +1.3% (following report that it is mulling adding new Board members, including a Pershing Square executive).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ORIG -16.7%, DRYS -16.1%, ZAGG -10.1%, CERS -5.6%,
Companies trading lower in after hours in reaction to news: FREE -22.0% (received Nasdaq listing determination; intends to request hearing), STEM -20.0% (announced that it intends to offer and sell common stock, Series A Warrants and Series B Warrants, in an underwritten public offering), UUUU -10.0% (intended to file overnight marketed unit offering), PLNT -9.2% (following unconfirmed headlines Spruce Point is out cautious on the name), AZUR -5.5% (delayed Q4 earnings release and conf call; co said it could exceed the permitted ratio of debt to adj. EBITDA contained in its credit facility as early as the end of Q1 of 2016, evaluating strategic alternatives), CMG -3.7% (following report of store shutdown amid continued norovirus concerns), ARCO -2.1% (Moody's downgraded Arcos Dorados' ratings to B1 with outlook negative).