After Hours Summary: FARM -4.7% following earnings/guidance, FOMX +52% on Phase 3 clinical trial updateAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: FOMX +51.9% (announces 'positive' top line results from third Phase 3 trial evaulating FMX101 for the treatment of moderate-to-severe acne), EYPT +9.2% (ahead of earnings tomorrow before the open), GLPG +7.1% and GILD +2.4% (Gilead Sciences and Galapagos NV announced that filgotnib achieved primary and all key secondary endpoints in Phase 3 Study FINCH 2), LPI +6.7% (will replace HealthEquity in the S&P SmallCap 600), EPE +5.1% (SVP Chad England disclosed the purchase of 50K shares), NWY +2.7% (ticking higher - to launch rebranding/transformation; outlines plans to grow sales beyond $1 billion and achieve double digit EBITDA margins), SLCA +2.5% (Pioneer Natural Resources and U.S. Silica announce West Texas sand supply agreement), ATHN +1.1% (edges higher after DealReporter / MergerMarket reporter teased 'ATHN detailed sale update published'), BHC +0.9% (modestly higher after confirming it has paid down an additional $57 mln of senior secured term loans and $50 mln of revolver borrowings), ETE +0.4% (Director Richard Brannon disclosed the purchase of ~100K shares worth ~$1.8 mln)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: FARM -4.7%
Companies trading lower in after hours in reaction to news: PGTI -5% (commenced an underwritten public offering, subject to market and other conditions, of 7 mln shares of its common stock), NLY -2.2% (to make public offering of 78 mln shares of common stock), DOCU -1.8% (files for 8,060,550 share common stock offering by selling stockholders; proposes private placement of $400 mln of convertible senior notes), CADE -1.6% (announces 12.1 mln Class A share offering by selling stockholders pursuant to shelf registration), CISN -1.6% (light volume; commences proposed public offering of 12 mln ordinary shares by selling shareholders), WCG -1% (lower despite S&P 500 addition news), S -0.5% (FCC releases letter pausing the T-Mobile [TMUS] -Sprint transaction clock)