After Hours Summary: MU +4%, KRNT -21%, NKE -3% following earnings/guidance, KEM +4.4% to join S&P SmallCap 600After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: MU +3.9%
Companies trading higher in after hours in reaction to news: AVGR +128.6% (confirms CE Marking approval for treating in-stent restenosis with the Pantheris Lumivascular atherectomy system), CALI +13.7% (entered into a debt exchange agreement), KEM +4.4% (KEMET will replace Astoria Financial in the S&P SmallCap 600), ZSAN +3.8% (received official written notification of USPTO regarding patent application 15/438,455 'Method of rapidly achieving therapeutic concentrations of triptans for treatment of migraines'), SIX +3.4% (Six Flags will replace PAREXEL in the S&P MidCap 400), EDIT +3.2% (EMA granted Orphan Medicinal Product designation to EDIT-101, a pre-clinical, CRISPR-based medicinal product to treat Leber Congenital Amaurosis type 10), TWTR +1.6% (to revise character limit among other items), RH +1.5% (Chairman/CEO discloses the purchase of 13,959 shares - transaction dates today), STL +1% (Sterling Bancorp will replace Oil States International in the S&P MidCap 400), JD +0.9% (initiated with Outperform at Wells Fargo), TMUS +0.6% (to acquire the remaining interest of Iowa Wireless from Aureon)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: KRNT -20.7%, NKE -3%,
Companies trading lower in after hours in reaction to news: WLKP -8.7% (commence public offering of 4,500,000 common units representing limited partner interests in the Partnership; acquires additional 5.0% limited partner interest in Westlake Chemical OpCo LP for approximately $229.2 million), ITCI -7.2% (commences an underwritten public offering of $150 mln of shares of its common stock), ASND -4.3% (commences public offering of $125 mln of American Depositary Shares, each of which represents one ordinary share of Ascendis), SONC -4% (Krebs report of security breach)