After Hours Summary: NSPH, ZUMZ jump on guidance, DVAX pops in anticipation of trial data; RECN drops on earnings, TLOG plummets on trial flopAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: NSPH +51.72%, ZUMZ +15.38%, MGCD +13.26%, MG +7.24%, M +3.98% (also announced a series of cost-efficiency and process improvement measures), QUAD +0.79%
Companies trading higher in after hours in reaction to news: DVAX +6.23% (announced that it plans to host a webcast conference call tomorrow to review Heplisav-B Phase 3 clinical data), ZIXI +2.72% (Announced Board approval of a $15 mln share repurchase program), DNN +2.70% (announced that preparations for its 2016 uranium exploration programs in the Athabasca Basin have commenced and that exploration drilling is scheduled to begin on January 12), UA +1.16% (announced a strategic partnership with IBM (IBM) to create and provide data-backed health and fitness insights using Watson's cognitive computing technology), QURE +0.67% (announced it will release topline results from its Hemophilia B Phase I/II gene therapy low-dose cohort clinical trial tomorrow morning)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CLBS -38.68%, RECN -5.96%, GMED -5.84%
Companies trading lower in after hours in reaction to news: TLOG -71.75% (announced that its Phase 2 study of birinapant co-administered with azacitidine in first line higher risk patients suffering from myelodysplastic syndromes did not demonstrate any clinical benefit over placebo), GALE -14.73% (announced its intent to offer shares of its common stock and warrants in an underwritten public offering; size was not disclosed), ARDX -7.15% (commenced an underwritten public offering of up to $75 mln of shares of its common stock), PSDV -5.33% (proposed a common stock offering for an undisclosed amount), ATML -3.73% (Bloomberg reporting that Microchip (MCHP) is reconsidering its interest in Atmel amid their continued business struggles), ERI -2.25% (announced the departure of its COO and CFO)