After Hours Summary: GALT +19% following 'positive' interim clinical data; LC -8% after disclosing receipt of a grand jury subpoena from the DOJAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: KGJI +9%, AYA +5.9%, A +3.6%
Companies trading higher in after hours in reaction to news: GALT +19.2% (announces 'positive' interim results from Phase 2a clinical trial with GR-MD-02), P +4.2% (Corvex Management discloses 9.95% active stake; issues letter to shareholders), VRX +2.2% (updates on regulator matters; continues to expect to make the Canadian Required Filings on or before June 10, 2016)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: AEGR -13.4%, VOXX -7.9%
Companies trading lower in after hours in reaction to news: LC -8.1% (discloses in 10Q receipt of a grand jury subpoena from the DOJ), RLYP -6.5% (discloses new patient starts, outpatient prescriptions and units sold to hospitals/other institutions for April for Veltassa), WNRL -5.8% (announces 3.75 mln registered underwritten public offering of common units), BETR -4.5% (commences 10 mln common stock offering by selling stockholders), WWE -3.7% (Vincent K. McMahon 2013 Irrev. Trust sells 2,191,894 shares in block trade), STOR-3.1% (commences 9.5 mln common stock follw-on offering), WBA -1.8% (CNBC'c David Faber: 'Goldman selling 6m shares of $WBA at $77.65 for top ten holder. 1.5% discount to close.'), BECN -1.5% (commences ~8.5 mln common stock offering by selling stockholder CD&R Roadhouse Holdings, L.P., an entity affiliated with Clayton, Dubilier & Rice)