After Hours Summary: CTT +4.1%, RECN +3.9%, ZHNE -2.4% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: CTT +4.1%, RECN +3.9%
Companies trading higher in after hours in reaction to news: WAVX +32.7% (announced a sales milestone by announcing the first U.S. federal government customer for its Virtual Smart Card 2.0), ECTE +12.3% (co has engaged PricewaterhouseCoopers' restructuring practice to explore financial and strategic alternatives), HALO +4.2% (co's PEGylated recombinant human hyaluronidase PH20 for the treatment of pancreatic cancer received orphan designation status from the FDA), CMRX +4.1% (mentioned as a potential Ebolay play on CNBC), WTSL +1.6% (announced departure of CFO Steven Benrubi), OXY +1.0% (announced dividend of $0.72 per share; co approved spin-off of California Resources Corporation and an increase in the share repurchase authorization by 60 mln shares)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: ZHNE -2.4%
Companies trading lower in after hours in reaction to news: LGCY -3.9% (announced public offering of 10 mln units representing limited partner interests), NOV -0.9% (co's foreign subsidiary plead guilty to illegally exporting drilling equipment to Syria; to pay a total of $1 mln in criminal fines)