After Hours Summary: FNSR +11%, SWHC +7%, ORCL +2% following earnings/guidance; RDEN +50% on agreement to be acquiredAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FNSR +10.9%, SWHC +7%, MGM +3.4%, ORCL +2.2%
Companies trading higher in after hours in reaction to news: RDEN +49.7% (to be acquired by Revlon for $14.00 per share in all-cash transaction - closed at $9.31/share), PRTK +27.1% (Phase 3 registration study comparing omadacycline to linezolid in the treatment of acute bacterial skin and skin structure infections met the FDA-specified primary efficacy endpoint of early clinical response), LOCK +4.6% (Elliott Associates discloses 8.8% active stake, has initiated dialogue with management on opportunities to enhance shareholder value)
After Hours Losers:
Companies trading lower in after hours in reaction to news: RARE -3.8% (Chief Medical Officer Sunil Agarwal resigns, effective Aug 18, to pursue other opportunities)