After Hours Summary: JCP +19.1%, SONC +4.1%, LIQT -40.2%, MU -4.8% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: JCP +19.1%, SONC +4.1%
Companies trading higher in after hours in reaction to news: TRVN +2.6% (announced the initiation of a Phase 2b clinical trial of TRV130 for acute postoperative pain in patients following abdominoplasty surgery)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: LIQT -40.2%, MU -4.8%
Companies trading lower in after hours in reaction to news: KBIO -62.3% (reported top-line data for Phase 2 Study of KB001-A to treat pseudomonas aeruginosa lung infections in cystic fibrosis patients - primary endpoint was not met), MDCO -3.4% (announced intention to offer $300 mln of Convertible Senior Notes due 2022), CDR -1.9% (co announced it will issue and sell 5 mln shares of its common stock in a public offering), OVAS -1.7% (announced it has commenced an underwritten public offering of up to $85 mln of shares of its common stock), WG -1.5% (co made a payment of $32.75 mln to West African Gas Pipeline Company Limited on December 30, 2014; has now paid in full all sums due under the March 29, 2012 Settlement Agreement)