After Hours Summary: FN +9%, QTNA +8%, TDOC / MAR / RGR +5% higher following earnings/guidance, RAD +3.2% on M&A update... HTZ -17%, OTEX -10%, CBI -6% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: EGY +26.3%, FN +9.4%, QTNA +7.7%, SBRA +6.6% (ticking higher), AEZS +5.6%, TDOC +5.1%, NVAX +4.9%, BLDR +4.8%, MAR +4.6%, RGR +4.6% (also announces expansion of its stock repurchase program to $100 million), TCMD +4.3%, GPOR +2.9%, P +2.9% (also KKR invests $150 mln in convertible preferred stock; Board also forming independent committee to look for new Directors), BKD +2.8%, OAS +1.1% (also announces plans for an initial public offering of certain of its midstream assets), RBC +1% (light volume)
Companies trading higher in after hours in reaction to news: CLNT +40.7% (YSK 1860 disclosed 29.4% active stake pursuant to Share Purchase Agreement), ROKA +14.6% (thinly traded; enters 5-year non-exclusive distribution agreement with FoodChek Systems Inc. to distribute their lines of both proprietary Actero ELITE Enrichment Media and non-proprietary Actero UNIVERSAL Enrichment Media), ORIG +10.3% (announces the deadline for holders of term loans of Drillships Financing Holding and Drillships Ocean Ventures has been extended), DHXM +7.1% (continued strength following Sohn mention), RAD +3.2% (Rite Aid and Walgreens certify substantial compliance with second request), LNTH +3.2% (to join S&P SmallCap 600), XRAY +2.8% (ticking higher ahead of earnings tomorrow before the open), VVV +2.4% (to join S&P MidCap 400), NRG +2.4% (still checking), MXL +2% (to join S&P SmallCap 600), DPLO +1.6% (completes acquisition of WRB Communications for $24.5 million cash and $4.5 million of Diplomat common stock), DXC +1.3% (positive mention by Glenview Capital's Larry Robbins at Sohn)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCYX -21.3% (also provided IV formulation development status update), HTZ -17.1%, ALIM -16.6%, NVRO -14.6%, OTEX -10.4%, MEET -9.7%, ARTX -7.6%, CBI -6.4%, ADUS -5.1%, PRCP -4.3% (light volume), JCOM -4.2%, POST -4%, PLOW -3.5%, AKAO -3.4% (also files mixed securities shelf offering), AFSI -1.7%, TSO -1.1%
Companies trading lower in after hours in reaction to news: CYTK -6.7% (commences $75 mln common stock offering), AHH -4.4% (commenced an underwritten public offering of 6,000,000 shares of its common stock), GAIN -4.2% (announces public common stock offering), APTS -3.9% (commences 2.75 mln common stock offering), FTR -3.9% (lower after Jericho Capital Asset Management's Josh Resnick cautious comments at Sohn conference), CAR -1.8% (HTZ sympathy), DSW -1.7% (downgraded at Buckingham)