After Hours Summary: IRET / KMG +6%, PPHM -19%, CASY -4% following earnings/guidance, BA +1.2% on dividend/buyback newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance/comps update: IRET +6.1%, KMG +6%, URBN +0.9% (reports sales update; thus far during the fourth quarter of fiscal 2018, comparable Retail segment net sales are mid single-digit positive)
Companies trading higher in after hours in reaction to news: PTI +44.7% (announced positive study results across all three of the company's CF pipeline programs), APTO +6.1% (presents preclinical demonstrating that CG'806, a highly potent pan-FLT3/pan-BTK inhibitor, exerts a profound anti-leukemia effect in human and murine leukemia cell lines harboring FLT-3 ITD mutations), ATNM +5.8% (ticking higher after highlighting data at ASH showing CD33 expression in significant number of multiple myeloma patients supporting the rationale for Actimab-M), PGLC +3.3% (announces bought deal of $6.8 million and concurrently announces private placement), OSTK +3.1% (continued momentum), BA +1.2% (Boeing raises quarterly dividend 20% to $1.71/share and replaces the existing share repurchase program with a new $18 billion authorization), AGIO +0.9% (presents new efficacy and safety data from ongoing Phase 1 study evaluating oral ivosidenib (AG-120) in patients with relapsed or refractory acute myeloid leukemia and an isocitrate dehydrogenase-1 mutation)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PPHM -18.7%, CASY -4.3%
Companies trading lower in after hours in reaction to news: MARA -13.7% (agreed to sell 1 mln shares of common stock for gross proceeds of approximately $5.0 mln in registered direct offering), OAS -3.6% (Oasis Petroleum buys 20,300 acres in the Delaware Basin for ~$946 mln, expects to divest non-core Williston Basin acreage up to $500 mln in 2018; Co separatelya nnounced that it has commenced an underwritten public offering of 32 mln shares of common stock), NCS -2.9% (announces secondary offering of 7,150,000 shares of common stock by investment funds associated with Clayton Dubilier & Rice), EIX -2.7% (Southern California Edison confirms multiple wind-driven wildfires moving through Southern California are affecting customers and electric service in Southern California Edison's service territory), BPMC -2.6% (commences underwritten public offering of $275 mln in shares of its common stock), IRM -1.8% (to acquire the US operations of IO Data Centers for $1.315 billion plus up to $60 million based on future performance; commenced an underwritten public offering of 14,500,000 shares of its common stock), ARGX -1.8% (files for $150 mln ADS offering), BLUE -1.7% (commenced underwritten public offering of $600 million of its common stock), H -1.7% (indicated lower on block trade pricing