After Hours Summary: MEET +19% following earnings/guidance/acquisition news, DISH +5% to join S&P 500... CASY -4% following earnings/guidance, several names lower following offeringsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MEET +19.3% (also announces acquisition), ASNA +5.3%, PIR +5%, ATSG +3.6%, WMC +3.6% (ticking higher)
Companies trading higher in after hours in reaction to news: GMAN +15% (after closing near lower on reports that the company may be preparing a potential bankruptcy filing), VRML +11% (attains out-of-state provider status with Medi-Cal, California's Medicaid program, for OVA1 access to over 12 mln beneficiaries), DISH +5.3% (to replace Linear Technology in S&P 500), WFT +4.4% (appointed Mark McCollum as President and Chief Executive Officer with an effective start date in late April 2017), LJPC +3.4% (insider buy disclosures, also Tang Capital Partners increases active stake), CRM +2.1% (IBM and Salesforce announce Landmark Global Strategic Partnership)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: KTWO -8%, AKBA -6.3%, LPCN -4.6% (light volume; also entered into a Controlled Equity Offering with Cantor - may offer and sell shares of common stock having an aggregate offering price of up to $20 mln), CASY -4.2% (also announces $300 mln share repurchase), ALOG -4.2% (ticking lower - also approves plan of restructuring), KFY -2.7% (light volume), THO -2.5%
Companies trading lower in after hours in reaction to news: PCRX -4.7% (announces proposed offering of $300 million aggregate principal amount of convertible senior notes), HASI -3.4% (commences a public offering of 3,000,000 shares of common stock; provides Q1 update in connection with the commencement of a 3 mln share common stock offering), STAY -2.6% (announces secondary offering and repurchase of paired shares by selling stockholders), FRC -1.9% (agrees to sell 2,000,000 shares of its common stock in an underwritten public offering)