After Hours Summary: NOV +6%, ALSN +5%, FN +4%, GPS +2% higher following earnings/guidance/SSS, shipper momentum continues ... FMC -5%, YRCW -5%, KN -4% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance/SSS: JLL +7.8% (ticking higher), PMD +7.2%, NOV +6%, ALSN +5.3% (also will buyback all of ValueAct's holdings), FN +4.4%, GPS +2.3% (issues upside Q4 guidance and reports January same store sales +1%), ARWR +1.1%
Companies trading higher in after hours in reaction to news: ADHD +9.2% (announces FDA meeting on its ADAIR product candidate defined a 505(b)(2) development path, to be funded with existing cash balance, and targeting a 2H 2018 NDA submission), MFIN +7.1% (still checking), GLBS +3.1% and DRYS +3% (after closing near highs), CHKP +0.4% (upgraded to Buy from Neutral at BTIG)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: GIGA -26.6%, FMC -4.9%, YRCW -4.8%, KN -4.3%, AM -4% (provides prelim Q4 results; announces the formation of a joint venture to develop processing and fractionation assets in Appalachia; increases 2017 guidance; commences an underwritten public offering of 5,000,000 common units representing limited partner interests), MAC -3.2%, LMNX -2.4%, BMI -1.8%, GAIN -1.1%
Companies trading lower in after hours in reaction to news: KTOV -34.9% (continued weakness on speculation of an investigation involving the company's CEO), AUPH -8.7% (accepted the resignation of Charles Rowland as CEO and appointed Dr. Richard Glickman as new CEO), HLI -1.9% (commences 10 mln common stock offering, consisting of 7.5 mln shares offered by the co and 2.5 shares offered by certain of its employees and members of management), TEVA -1% (appoints Dr. Yitzhak Peterburg as Interim CEO succeeding Erez Vigodman and names Dr. Sol J. Barer as Chairman)