After Hours Summary: HCKT +12.2%, OPXA +12%, ALRM +11.8%, EVDY -18.8%, WPRT -16.5%, BOOT -8.9% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings: HCKT +12.2%, OPXA +12%, ALRM +11.8%, GURE +7.5%, OPWR +5.9%, LITE +4.9%, JNP +4.3%, INGN +2.7%, WGBS +2.5%, HTHT +1.5%, ARNA +1.1%, OXGN +0.9%
Companies trading higher in after hours in reaction to news: ANFI +28.6% (announced the completion of the Independent Third Party Forensic Investigation; BDO has independently concluded that allegations against the company are 'unsubstantiated and/or unfounded'), AMDA +22.2% (submitted 24-month clinical data outcomes from its CASCADE study to the FDA; results showed comparable clinical and radiographic performance through a number of clinical outcome measures), OPXA +12% (announced 'supportive' preclinical study results for its Neuromyelitis Optica program; co also reported earnings), LITE +4.9% (filed to delay Form 10-Q in connection with separation from JDS Uniphase), CEMP +1.5% (provided updates on commercialization plans for the anticipated launch of solithromycin; entered into a new three-year API Manufacturing and Supply Agreement with Wockhardt), IAG +0.7% (acquired ~21.5 mln shares of Merrex Gold, as a settlement for debt owed to it from the Siribaya Joint Venture)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: EVDY -18.8%, WPRT -16.5%, BOOT -8.9%, NEOS -5.7%, MNGA -4.4%, DOX -3.2%, EXEL -2.1%, FENG -2%, JUNO -1.2%, BC -0.8%, PNNT -0.2%
Companies trading lower in after hours in reaction to news: NEOS -5.7% (received Complete Response Letter from the FDA regarding the NDA for Cotempla XR-ODT; co also reported earnings), MNGA -4.4% (filed for $50 mln mixed securities shelf offering), VWR -3.3% (filed for a 9 mln share offering of common stock by selling stockholder), SMCI -2.6% (filed to delay Form 10-Q; co has determined that certain contracts for product extended warranties were recorded as revenue in prior periods instead of being deferred and amortized over the contractual period), AFSI -2.4% (commenced an underwritten public offering of 5 mln of its common stock), LOXO -0.9% (announced a proposed offering of 2 mln shares of common stock)