After Hours Summary: LMNR -11% following earnings/guidance, HIIQ -19% sell-off continues despite mgmt hosting callAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LAYN +4.8% (light volume), PPHM +3.4%
Companies trading higher in after hours in reaction to news: WDC +3.5% (seeing after hours strength on reports of winning bid for Toshiba [TOSBF] chip unit), TEVA +1.5% (Teva Pharma enters into a definitive agreement under which CooperSurgical will acquire PARAGARD), MRNS +1% and TTD +0.7% (continued strength), AMGN +0.5% (announces results from the Phase 3 ARCH study)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PSDV -12.4%, LMNR -11.2%, ADXS -1% (light volume)
Companies trading lower in after hours in reaction to news: HIIQ -18.9% (continued weakness following management update conference call after the close), BCRX -8% (to sell $80 mln of common stock in public offering), BIP -4.2% (Brookfield Infrastructure to issue 16,628,000 L.P. units on a bought deal basis to a syndicate of underwriters at $42.10 per L.P. unit), PTLA -2.9% (plans to offer $300 mln of its common stock in an underwritten public offering ), FDC -2.7% (confirms that New Omaha Holdings intends to offer for sale in an underwritten secondary offering 85 mln shares of Class A common stock pursuant to the registration statement), CPT -1.4% (is offering 4,750,000 common shares in underwritten public offering), EFX -0.4% (continued weakness)