After Hours Summary: MODN +26.7%, MKL +7%, ISSC +6.7%, LOX -30.6%, RAX -10.6%, QLYS -9.4% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: MODN +26.7%, MKL +7%, ISSC +6.7%, CPSS +6.1%, SSNI +5.7%, SYUT +5.1%, RICK +3.6%, MTSI +3.2%, CAP +3.1%, TARO +3.1%, PRI +2.9%, CYS +1.4%, MERU +0.2%, MAS +1.3%, RLD +1%, IMMU +0.8%, MOH +0.5%
Companies trading higher in after hours in reaction to news: AXLL +7.6% (co and Lotte Chemical signed preliminary agreement to partner on proposed ethane cracker in Louisana), LJPC +6.7% (Co and The French National Institute of Health and Medical Research, today announced an exclusive worldwide license agreement to develop hepcidin agonists), SSNI +5.7% (co released statement in support of CEPT outcome to free up additional radio spectrum in Europe), HOLX +2.4% (President & CEO discloses purchase of 198.9K shares at $20.615-20.95, worth $4.1 mln), INVN +2.2% (co and STMicroelectronics (STM) announced settlement of pending patent litigation),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: BLOX -30.6%, RAX -10.6%, QLYS -9.4%, BNNY -8%, WPX -7.5%, CPST -6.7%, ACAS -5.9%, AMKR -4.1%, WBMD -3.4%, KS -3.1%, SKH -2.7%, URBN -1.8%, NUAN -1.7%, FTK -1.6%, CMP -1.4%, CRK -1.1%, AIN -1%, GDOT -0.5%, OMI -0.5%, HIW -0.5%, WCN -0.3%, MAA -0.1%, PXD 0%, MERU 0.2%, MOH 0.5%
Companies trading lower in after hours in reaction to news: NMM -4.7% (announced public offering of 5.5 mln common units), MGNX -3.3% (announced proposed public offering of 2.5 mln shares of common stock; 1.5 mln being offered by MacroGenics, 1 mln by existing shareholders), ARRY -2.1% (T. Rowe Price disclosed 7.2% passive stake), STON -2.0% (announced public offering of 1.8 mln common units), ASTM -1.2% (filed for ~1.75 mln share common stock offering by selling shareholders), ATO -1.2% (announced public offering of 8 mln shares of common stock), SCMP -1.0% (named Peter Greenleaf CEO)