After Hours Summary: GEVO +16.7%, PDII +16.5%, HDP +11.3%, VSLR -8.5%, EXAR -4.8%, GDDY -3.3% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: GEVO +16.7%, PDII +16.5%, HDP +11.3%, SYMX +10.9%, TUBE +10.8%, CARA +8%, RENT +6.6%, NEWR +6.1%, CAPR +6%, NVMI +5.6%, OPWR +5%, BIOC +3%, HCKT +1.8%, HMIN +1.6%, VJET +1%, MCK +0.5%, NVEE +0.4%, FOMX +0.2%
Companies trading higher in after hours in reaction to news: FCSC +18.0% (received rare pediatric disease designation for FCX-007 from the FDA, to treat recessive dystrophic epidermolysis bullosa), AMCF +8.7% (announced that its previously scheduled NASDAQ listing hearing was cancelled after co pays outstanding fees; announced business updates, including entery into a non-binding letter of intent with Three Pillars PetroChem), VRTX +7.2% (confirmed FDA Advisory Panel voted 12 to 1 to recommend approval of ORKAMBI to treat people with cystic fibrosis ages 12 and older), AXP +1.1% (Board authorizes repurchase of up to 150 mln shares, announces 12% dividend increase to $0.29)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: VSLR -8.5%, EXAR -4.8%, GDDY -3.3%, LMNS -3.1%, PRSS -2.6%, VUZI -2.1%, CYCC -1.1%, Z -0.5%, SSRI -0.4%
Companies trading lower in after hours in reaction to news: OREX -14.3% (hearing that partner Takeda is claiming breach of contract and seeking to have OREX pay for new cardiovascular outcomes trial of Contrave), SBLK -9.8% (announced plans to make a public offering of $150 mln of its common shares), CRDS -4.2% (announced a planned rights offering of common stock, to common and preferred shareholders; size not disclosed), AES -3.3% (announced a 60 mln share secondary common stock offering, by selling stockholder Terrific Investment Corporation), RICE -1.5% (announced a 6 mln share secondary offering, by a selling stockholder affiliated with Natural Gas Partners), PGH -1.3% (filed for a $1 bln mixed securities shelf offering)