After Hours Summary: NFLX +11.7%, TCPI +4.9%, CPSS +2.9%, PTX -9.8%, CTP -6.3%, SNDK -4.8% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: NFLX +11.7%, TCPI +4.9%, CPSS +2.9%, UFPI +2.4%
Companies trading higher in after hours in reaction to news: INVE +17.2% (announced it has entered into an agreement with Cisco (CSCO) to provide solutions for the Internet of Everything), LLEX +12.7% (Wallington Investment Holdings discloses 22.1% active stake in 13D filing), PNRA +11.4% (increased share repurchase authorization to $750 mln; authorized $500 mln of new debt to repurchase shares; signed letter of intent to sell and refranchise 73 company-owned cafes), MDCO +5.3% (confirmed FDA Advisory Committee recommends approval of cangrelor), TCPI +4.9% (announced that Ellis Yan has decided not to renew his employment agreement as CEO contract to expire on June 30, 2015), RPRX +1.8% (announced November 30, 2015 PDUFA goal date for its enclomiphene citrate product candidate, formerly known as Androxal)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: PTX -9.8%, CTP -6.3%, SNDK -4.8%, KMI -0.6%
Companies trading lower in after hours in reaction to news: PTX -9.8% (announced it has commenced a private offering of $120 million of convertible senior notes due 2021), CPLP -6.3% (plans to offer 12.8 mln common units representing limited partnership interests in a public offering), CPST -3.9% (filed for $100 mln mixed securities shelf offering), MTDR -3.7% (announced it has commenced an underwritten public offering of 7 mln shares of its common stock), HZNP -1.1% (priced 15.35 mln share public offering of common stock at $28.25 per share), SAVE -0.8% (disclosed investor update with Capacity guidance; sees Q2 32.3%, Q3 34.5%, Q4 30.6%, FY15 30.7%)