After Hours Summary: ELF +16%, SMTC +7% following earnings/guidance, APRI +34.2% on asset sale news/NDA update... TLRD -29%, SPPI -10%, WATT -7% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: VVUS +24%, ELF +15.6%, SMTC +7%, CMTL +4.7% (light volume), ERII +3.3%, KEYW +1.9% (also signs a definitive agreement to acquire Sotera Defense Solutions in an all-cash transaction valued at ~$235 miln)
Companies trading higher in after hours in reaction to news: APRI +34.2% (completes sale of its ex-U.S. assets and rights related to Vitaros to Ferring International; co will retain its Vitaros rights in the U.S. and it remains on track to re-submit the Vitaros NDA to the FDA in the third quarter of 2017), FOLD +3.9% (ticking higher - commences the commercial launch of the precision medicine Galafold in Italy following the final publication of reimbursement guidelines by the Ministry of Health), GNC +3.4% (Chief Innovation Officer disclosed purchase of 29500 shares worth approx $230K), CIA +1.1% (modestly rebounding after issuing statement regarding today's cautious blog post, strongly disagrees with its assumptions and conclusions)
After Hours Losers
Companies trading lower in after hours in reaction to earnings/guidance: TLRD -28.8%, NSYS -12.1% (thinly traded), SPPI -9.6%, WATT -6.9%, HEAR -6.4%, CWH -4.6%, VNET -4.3%, TVIA -3.8% (also TerraVia, Bunge, and BioMar Group expand their distribution agreement for AlgaPrime DHA; 'making the product commercially available at scale to salmon farmers and other participants in the aquaculture industry'), BETR -2.8%, SFS -2.8%
Companies trading lower in after hours in reaction to news: PLNT -3.9% (commences 15 mln common stock offering by selling stockholders), BCRX -3.8% (to sell $45 mln of its common stock in an underwritten public offering), TGTX -3.4% (to offer and sell shares of its common stock in an underwritten public offering), SBGI -1.9% (commences an underwritten public offering of 12.0 million primary shares of Class A common stock)