After Hours Summary: LPTH +10% and SANW +6% following earnings/guidance, CAR +5% on S&P 400 addition news... ORCL -3% following earnings/guidance, NVAX -84% on trial updates, DB -7% on potential hefty DoJ settlement amountAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: LPTH +9.8%, SANW +6.1%
Companies trading higher in after hours in reaction to news: DEPO +12.7% (potential sale exploration), SCOR +6.4% (light volume - will provide a company update in conference call on Friday, September 16 at 8:30am; determines that various prior financial statements should no longer be relied upon), CAR +5.3% (to join the S&P MidCap 400), AINV +3% (Apollo Investment expanded the stock repurchase program by $50 mln to $150 mln), OHGI +2.6% (enters into securities purchase agreement, agrees to sell an aggregate of 198,413 shares of common stock at $0.63/share), P +0.8% (ticking higher - Pandora Media and Warner Music Group announce direct licensing agreement), LULU +0.5% (light volume - initiated with a Positive at Susquehanna)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ORCL -3%
Companies trading lower in after hours in reaction to news: NVAX -84.1% (announces topline RSV F vaccine data from two clinical trials in older adults; topline data from the Resolve Phase 3 trial did not meet pre-specified efficacy objectives), CAPR -15.1% (to offer shares of its common stock in an underwritten public offering; size not disclosed), MGT -9.9% (following investor presentation / call detailing goals for the next 3-6 months), DB -7.2% (Deutsche Bank confirms negotiations with DoJ regarding RMBS; expects negotiations will lead to an outcome similar to those of peer banks which have settled at materially lower amounts), SITO -2% (to offer and sell shares of common stock in an underwritten public offering), FOXA -0.9% (downgraded to Market Perform from Outperform at Bernstein)