After Hours Summary: IRBT +23%, AMD +11%, X +9%, TXN / T +3% higher following earnings/guidance, steel names higher, TTPH +26% on Phase 3 trial update... AKAM -7%, CHGG -6.3%, SFLY / WYNN -4%, AMGN / JNPR -2% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: IRBT +22.9% (to acquire privately-held Robopolis SAS for $141 mln), AMD +10.8%, X +8.7%, SFS +4.9%, EXAS +4.5%, RCKY +3.8% (light volume), ZION +3%, TXN +2.9%, T +2.6%, CMG +1.5%, TSS +1.4%
Companies trading higher in after hours in reaction to news: TTPH +26.1% (Tetraphase Pharmaceuticals announces top-line results from IGNITE4, the Company's phase 3 clinical trial evaluating the efficacy and safety of twice-daily intravenous (IV) eravacycline compared to meropenem for the treatment of patients with complicated intra-abdominal infections), ETRM +21.4% (enters into Collaboration Agreement with Galvani Bioelectronics), MOS +3.2% and POT +0.8% (still checking), WLL +2.9% (following API data and ahead of earnings), RETA +1.5% (commences 2.25 mln common stock offering; announced that as of June 30, 2017, the Company had ~$65.2 million in cash and cash equivalents), RIG +0.9% (provides quarterly fleet status report with contract backlog $10.2 bln)
US Steel (X) earnings and President Trump comments are lifting steel names in after hours: NUE +1.4%, MT +1.2%, WOR +0.8%, AKS +0.6%After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: USNA -14.3%, OEC -7.6% (offers prelim Q2 results, reaffirms FY17 Adj-EBITDA guidance; announced that Kinove Luxembourg Holdings and other sellers are offering an aggregate of 10 mln common shares of the Company in an underwritten public offering), AKAM -7.1%, UHS -6.7%, CHGG -6.3%, SFLY -4.4%, WYNN -3.8%, HA -2.7%, AMGN -2.4%, TRN -2.3%, JNPR -2%, ESRX -1.9%
Companies trading lower in after hours in reaction to news: DRYS -5.7% (slightly lower after providing another Kalani Investments update), APRN -2.7% (details several changes to executive leadership team; Co-Founder and Chief Operating Officer Matthew Wadiak stepping down from role), PLX -2.6% (enters exchange agreement of $9 mln of its 4.50% Senior Convertible Notes due 2018 for $8.55 million aggregate principal amount of newly issued 4.50% Senior Convertible Notes due 2022), MC -2.5% (commences public offering of 6 mln shares of Class A common stock), LVS -0.8% / MLCO -0.6% (WYNN sympathy)