After Hours Summary: JBL +10%, ADBE +0.5% following earnings/guidance... DAC -13%, ORCL -2% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: JBL +10.1%, ADBE +0.5%
Companies trading higher in after hours in reaction to news: EVOK +48.6% (receives positive NDA submission guidance from us FDA for Gimoti), EGLE +6.8% (light volume; Oaktree Capital Management & Goldentree Asset Management filed amended 13D's), IBM +0.9% (attributed to activist related chatter)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DAC -13.1%, ORCL -2.3%, CNC -1.3% (reaffirms FY16 guidance, provides FY17 outlook ahead of tomorrow's investor day)
Companies trading lower in after hours in reaction to news: AGIO -19.1% (is no longer developing its second pyruvate kinase-R activator, AG-519, and withdrew its investigational new drug application yesterday following a verbal notification of a clinical hold from the FDA), FNSR -6.6% ( announces private placement of $450 mln of convertible senior notes due 2036), UBSI -2.9% (commenced 4.33 mln share common stock offering ), GLF -2.6% (increases total consideration and extends expiration date for tender offer for up to $300 mln in Senior Notes; co also amended terms of proposed new revolver), VCEL -2.9% (intends to offer and sell shares of common stock in underwritten public offering pursuant to shelf registration statement), GILD -2% (negative hepatitis royalties ruling), ADXS -2% (ticking lower; Chief Business Officer Gregory T. Mayes resigns in order to pursue another business opportunity)