After Hours Summary: MDRX +51% jumps on deal to sell its CarePort Health business; BBBY +5.3% up on deal to sell non-core assetsAfter Hours Gainers:
Companies trading higher in after hours in reaction to news: MDRX +51% (to sell CarePort Health business to WellSky for $1.35 bln), THTX +14.9% (confirms issuance of US patent covering use of tesamorelin), BBBY +5.3% (to sell certain non-core assets), GME +4.5% (Senvest Mgmt discloses 5.54% stake), ETON +1.7% (stock offering), PASG +1.4% (announces publication of preclinical data), VNOM +1.1% (provides operational update for Q3), FANG +1% (provides operational update for Q3), VFC +0.9% (announces organizational changes), ACGL +0.6% (provides update on catastrophe losses), SNAP +0.6% (confirms it will be among first to put Apple's new LiDAR lens to use, according to TechCrunch), SIX +0.5% (discloses workforce reduction), FROG +0.4% (announces free subscription of its DevOps Platform), RNR +0.2% (provides update on catastrophe losses), SSD +0.1% (new COO), KDMN +0.1% (to move from NYSE to Nasdaq on Oct 26), CMI +0.1% (increases dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to news: SRNE -14.8% (co held COVID-19 pipeline update webcast after the close), OCUL -8.8% (stock offering; also comes to an agreement with FDA to conduct study for its ReSure sealant), LAZY -7.7% (stock offering), ATEC -7.3% (stock offering), RPRX -2.9% (stock offering), ALK -0.6% (provides operational update), CTRA -0.3% (responds to letter from MG Capital), LLY -0.3% (US drug inspectors uncovered serious quality control problems, according to Reuters), NYT -0.1% (to transfer $235 mln in pension obligations to MassMutual), SRC -0.1% (files for mixed securities shelf offering)