After Hours Summary: LMNR -16%, SONO -14%, MTRX -13%, CDMO +17%, CASY +5% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: CDMO +17.2%, CASY +4.9%
Companies trading higher in after hours in reaction to news: SIGA +14.9% (awarded BARDA contract for TPOXX with value potential of up to $629 mln), SSTI +5.6% (after making new all-time highs and closing +4% on the day), NTNX +3.9% (announces $20 mln+ deal with DoD agency), TRVN +3.5% (FDA scheduled Oct 11 meeting of the Anesthetic and Analgesic Drug Products Advisory Committee to discuss safety/efficacy of oliceridine injection for the management of acute pain), SB +2.8% (Safe Bulkers agrees with Cosco Shipping Heavy to install Alfa Laval PureSOx Scrubbers), MEET +3.4% (Luxor Capital increases passive stake), BSX +2% (light volume; still checking), XL +1% (after AXA [AXAHY] obtained regulatory approvals for the acquisition that is now expected to close on September 12), CVNA +0.5% (continued strength after 11% move higher)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: LMNR -15.8%, SONO -13.8%, MTRX -13.1%
Companies trading lower in after hours in reaction to news: PACB -8.5% (proposed public offering of common stock; offering size not disclosed), NNBR -7.1% (announces public offering of 12.5 mln shares of common stock), ECYT -4.9% (Endocyte proposes $175.0 mln public offering of common stock and files for mixed securities shelf offering), PSX -2.7% (light volume; Berkshire Hathaway [BRK.A / BRK.B] lowers passive stake), OSTK -0.8% (CEO Patrick Byrne discloses the sale of OSTK stock and sends letter to shareholders discussing the sale of 10% of his stock holdings), CBS -0.6% (downgraded to Neutral from Buy at UBS)