After Hours Summary: JACK +3.7%, VIPS +2%, RADA -8.9%, SQM -2.1%, MCUR -1.9%, CTXS -1.9% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings: JACK +3.7%, VIPS +2%
Companies trading higher in after hours in reaction to news: MIFI +11.8% (announced that Wells Fargo Bank has increased the Company's five-year senior secured revolving credit facility to $48 million), NSC +6.4% (Canadian Pacific (CP) proposed to acquire the company in cash and stock at a 'sizeable premium'), UVE +6.1% (co issued a statement 'correct misleading allegations and misinformation presented by Lakewood Capital'), COMM +5.2% (mentioned positively by Maverick Capital's Lee Ainslie at Robin Hood conference), DEPO +4.3% (acquired the rights to Cebranopadol from Grünenthal GmbH), RDEN +3.6% (co's President of Global Fragrances, Joel B. Ronkin, resigned to accept a position as CEO of a privately-held personal care organization), AXLL -1.7% (appointed Timothy Mann as CEO)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: RADA -8.9%, SQM -2.1%, MCUR -1.9%, CTXS -1.9%, AMCN -0.8%, GBDC -0.5%
Companies trading lower in after hours in reaction to news: OME -3.3% (Wynnefield filed an amended 13D disclosing letter sent as follow up to several earlier communications detailing concerns and doubts related to the credibility of the 'purported strategic review process'), WMGI -0.9% (announced a secondary offering of 4.5 mln shares by an affiliate of Warburg Pincus)