After Hours Summary: FNSR +2.8% as CEO news rekindles M&A speculation, ATRO +5% on guidance raise and AMD -3% following processor security updateAfter Hours Gainers:
Companies trading higher in after hours in reaction to guidance: ATRO +5% (announces Q4 bookings were approx. $229 mln; co also raises FY 18 revs guidance above consensus)
Companies trading higher in after hours in reaction to news: SAEX +24% (announces receipt of additional Alaskan tax credit certificates), PFMT +21.1% (thinly traded - continued strength), DYSL +12.7% (Dynasil Corporation of America's Xcede Technologies submits application for first-in-human clinical trial ), SGRP +9.7% (acquires Resource Plus; financial terms not disclosed), TVPT +3.8% (will replace Bob Evans in the S&P SmallCap 600), FNSR +2.8% (Chairman/CEO Jerry Rawls to retire and Michael Hurlston appointed CEO effective today; also hearing analyst suggesting increased potential for M&A), SKLN +2.6% (ticking higher after confirming it has regained compliance with Nasdaq's minimum stockholders' equity listing requirements), FRAN +2.5% (Pres/CEO disclosed the purchase of 10k shares), FCAU +1.4% (Fiat Chrysler to invest more than $1 bln in Michigan Plant and pay bonus to approx 60k U.S. Employees), ZG +1.3% and DISCA +1% (continued strength)
After Hours Losers:
Companies trading lower in after hours in reaction to news: ARDM -45.6% (FDA Advisory Committee did not recommend approval for Linhaliq as treatment for non-cystic fibrosis bronchiectasis patients with chronic lung Pseudomonas aeruginosa infections), KODK -3.6% (continued weakness), AMD -3% (releases update on processor security; GPZ Variant 1 and 2 are applicable to AMD processors), TMHC -2.9% (commences public offering of approx 19.2 mln shares of class A common stock, includes 1.5 mln by holders, and additional concurrent repurchase from equity sponsors), SBGI -0.6% (FCC pauses 180-day transaction 'shot clock' in Sinclair merger)