After Hours Summary: MDXG +5.5%, CYBR / ATEN -17% following guidance, cybersecurity names lowerAfter Hours Gainers:
Companies trading higher in after hours in reaction to guidance: MDXG +5.5% (preannounces Q2 revenue above guidance)
Companies trading higher in after hours in reaction to news: CLIR +16.7% (receives order from supermajor oil company to qualify Duplex technology), CGI +14.9% (appoints Paul Svindland as CEO effective on or about July 24; Michael Miller to become Chairman), CTIC +11.8% (announces EMA validated the Marketing Authorization Application for pacritinib for the treatment of patients with myelofibrosis who have thrombocytopenia), GNW +10.5% (Genworth Financial and Oceanwide provide CFIUS update; timing of regulatory reviews will likely delay the completion of the transaction to later than the originally targeted time frame), BLFS +10.2% (Kolon Life Science, TissueGene's exclusive licensee for Asia, including Korea, has received marketing approval for Invossa-K Inj for degenerative arthritis from the Korea Ministry of Food and Drug Safety), AFMD +6.3% and EXEL +1.4% (initiated with Buy at Suntrust), SGMO +3.2% (FDA has granted Fast Track designation to SB-318 and SB-913, the Co's clinical stage in vivo genome editing product candidates for the treatment of Mucopolysaccharidosis Type I and MPS II), MYL +2.4% (Oncologic Drugs Advisory Committee votes unanimously to recommend MYL-1401O -- proposed biosimilar to RHHBY Herceptin), SPWH +1.4% (Director disclosed purchase of 10000 shares), MNK +0.9% (light volume; Phase 3 terlipressin trial achieves its enrollment target ahead of schedule - marks halfway point toward interim analysis of trial data),
After Hours Losers:
Companies trading lower in after hours in reaction to guidance: CYBR -17.1% (lowers Q2 sales, profit guidance primarily because deals in EMEA did not close in time), ATEN -17.1% (sees Q2 results below consensus),
Companies trading lower in after hours in reaction to news: WY -4.5% (ticking lower; announced effective immediately the ban of all campfires on its lands in Flathead, Lake, Lincoln, Missoula, Sanders and Ravalli counties in Western Montana due to high fire danger), AIN -1.9% (ticking lower; announces expected $16 mln charge; outlook for AEC remains unchanged), INSY -1.1% (WSJ reporting Anthem has launched civil suit against Insys)
Cybersecurity/software names lower following CYBR guidance (etf HACK -0.7%): FEYE -3.2%, FTNT -2.7%, PANW -1.4%, SYMC -0.9%, IMPV -0.8%