After Hours Summary: BW -37% on Q1/FY18 update, amended rights offering and CFO retirement news, ALOG -13% after finalizing sale of the companyAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: SPPI +4.4% (continued strength after closing +42% on the day), GOGO +3.7% (ongoing volatility on reports that Google may buy Nokia in-flight wifi technology), NVTA +3.7% (light volume -- Baker Bros affirmed increased holding), NOK +3.4% (higher on reports that Google is interested in its in-flight wifi technology), SYNA +2.3% (upgraded to Buy from Neutral at Mizuho)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BW -37.2% (provides Q1 update, withdraws 2018 guidance for the Renewable segment, amends rights offering and announces CFO retirement), LAYN -6.3%
Companies trading lower in after hours in reaction to news: ALOG -12.6% (to be acquired by an affiliate of Altaris Capital Partners for $84/share or $1.1 bln in cash), XELA -5.5% (thinly traded; commences offering of up to 7,000,000 shares of Exela common stock held by Ex-Sigma 2), FTNT -1.5% (still checking), FOXA -0.7% (European Commission raided FOXA's London HQ - The Telegraph)
