After Hours Summary: MLHR +8%, PIR -13.5%, REVG -11%, LMNR -5% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: RAD +8.4% (also announces terms for pharmaceutical distribution with McKesson), MLHR +7.9%
Companies trading higher in after hours in reaction to news: TLRY +14.8% / ABEV +3.3% (Ambev's Labatt Brewing partners with Tilray on research for non-alcoholic beverages containing cannabis extracts), AIMT +13.8% (higher following DBVT peanut drug trial update), SB +8.9% (authorizes common stock repurchase program of up to 3.0 mln shares), NWL +5.4% (Carl Icahn increases active stake), CE +4.8% (to join S&P 500), NBEV +2.5% / APHA +1.9% / CRON +1.2% (following TLRY / ABEV news), SNV +0.6% (light volume; upgraded to Outperform from Neutral at Robert W. Baird)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PIR -13.5%, REVG -11.1%, LMNR -5%
Companies trading lower in after hours in reaction to news: DBVT -45.9% (provides update on Viaskin Peanut; BLA withdrawn following discussions with FDA regarding insufficient data), SPPI -34.9% (FDA did not grant Breakthrough Therapy Designation to poziotinib), GTHX -27% (reports topline results from randomized phase 2 Trial of Trilaciclib showing multi-lineage myelopreservation benefits in 2nd-/3rd-line small cell lung cancer), MNKD -17.2% (commences underwritten public offering of common stock and warrants to purchase shares of common stock), AGEN -2% (lower on light volume after filing prospectus supplement related to the issuance/sale of 30 mln share common stock from At Market Issuance Sales Agreement dated May 11, 2018)l