After Hours Summary: CRM +4.2% following earnings/guidance, DKS / KORS indicated higher ahead of tomorrow's earnings releasesAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CRM +4.2%, SB +1.6% (light volume)
Companies trading higher in after hours in reaction to news: LPG +5.2% (continued strength after confirming that it has received an unsolicited proposal from BW LPG to combine with Dorian), LGCY +2.7% (10% owner Baines Creek disclosed the purchase of 80K shares worth ~$445K), DKS +1.7% and KORS +1.1% (ahead of earnings), EXEL +0.9% (FDA accepts supplemental New Drug Application for CABOMETYX)
After Hours Losers:
Companies trading lower in after hours in reaction to news: TXMD -6.7% (TX-004HR PDUFA target action date is today May 29), TTOO -6.5% (announces 5.65 mln share offering), OCN -1.6% (CFO Michael Bourque to resign), INWK -1.4% (light volume; postpones May 31 annual meeting - still in the process of restating historical financial statements and requires additional time), GDS -1.3% (to offer up to US$250 mln of convertible senior notes due 2025)
