After Hours Summary: CLDR +13%, VRNT +10%, AVAV +5%, CTRP +3% are higher, while REVG / GWRE -8%, DOCU / ZS -6% are lower following earnings/guidance, CBS higher / VIAB lower as settlement rumors circulateAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CLDR +13%, VRNT +10.2%, AVAV +5.1%, CTRP +2.8%, IDCC +0.7% (ticking higher after reporting upside prelim Q3 revs)
Companies trading higher in after hours in reaction to news: EYPT +21.7% (announced that Centers for Medicare and Medicaid Services approved transitional pass-through status and reimbursement through a C-code for DEXYCUTM 9%), SPPI +8.8% (reports new interim data from the EGFR cohort and HER2 cohort; Updated data will be presented Sept 24 and will include data into September), LE +7% (ahead of earnings tomorrow before the open), NVCR +3.7% (reports Tumor Treating Fields plus chemotherapy extends median overall survival by 6.1 months in STELLAR Ph 2 registration trial in mesothelioma compared to historical control; to host investor briefing Sept 25), MXWL +3% (announced grid energy storage subsystem design-in with Siemens), LHO +1.4% (LaSalle Hotel's Board of Trustees determines that Pebblebrook Hotel Trust's [PEB] unsolicited, non-binding proposal does constitute a 'superior proposal' to Blackstone transaction), TIF +1.1% (Director Trapani disclosed the purchase of ~15K shares), CBS +0.7% (extending late move higher on reports that CBS and National Amusements are in settlement talks)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: REVG -8.1%, GWRE -7.9%, DOCU -5.8%, ZS -5.6%, TENB -5.4%, MDB -2.7%, CWK -1.8%, OLLI -1%
Companies trading lower in after hours in reaction to news: PRQR -11.1% (to offer $75 mln ordinary shares in underwritten public offering), IOVA -6.2% (light volume - may be attributed to World Conference on Lung Cancer full abstracts being released today; co presented at HC Wainwright midday and is scheduled to present at Wells Fargo conf tomorrow), DRNA -4.7% (proposes underwritten registered public offering of 6.15 mln shares of common stock), TLRY -4.2% (after today's 17% move higher), KALV -4% (to offer shares of common stock in underwritten public offering), CRON -3.1% (following 12% move higher on the day), CGC -2.8% (modestly pulling back from all time high; completed purchase of Hiku), VIAB -1.5% (after seeing late strength on reports that CBS and National Amusements are in settlement talks; Bloomberg now reporting settlement could take Viacom / CBS merger off the table), FHB -1.1% (BNP Paribas affiliate to offer 20 mln shares of common stock in public offering), INFN -0.6% (to offer $275 mln of convertible senior notes due 2024 in public offering; files for debt securities and common stock shelf offering)