After Hours Summary: GWRE +4%, OLLI -1%, BOX -8% following earnings/guidance; ORCL -3% following lawsuit from former accountantAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: GWRE +4.2%
Companies trading higher in after hours in reaction to news: RPRX +15.4% (remains on track for MAA submission for enclomiphene for the treatment of secondary hypogonadism with anticipated registration decision expected fall 2017), KERX +5.4% (Baupost Group shows 42.53% active stake following conversion of $125 mln aggregate principal amount of notes), DERM +3.1% (announces topline results from its Phase 3 ATMOS-1 and ATMOS-2 pivotal trials for DRM04; DRM04 demonstrated statistically significant improvements for both co-primary endpoints and both secondary endpoints compared to vehicle)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BOX -7.9%, OLLI -1.0%
Companies trading lower in after hours in reaction to news: WFT -6% (prices $1.0 bln of exchangeable senior notes due 2021), ORCL -2.6% (reports that former accountant has filed lawsuit - allegedly was told to change sales figures)