After Hours Summary: ORGO -26.1%, MDXG -21% lower on CMS proposal; TTD +14.2% to join S&P 500; ALSN +12.3% on Maryland contract win
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None
Companies trading higher in after hours in reaction to news: TTD +14.2% (to join S&P 500), ALSN +12.3% (Maryland DoT selects New Flyer buses equipped with the Allison propulsion systems), CGNT +2.2% (authorizes new $20 mln share repurchase program), ASND +1.5% (new data confirms sustained response to TransCon PTH), CPA +1.1% (reports monthly traffic), DHT +0.4% (provides Q2 business update), NEM +0.3% (CFO resgins), POWI +0.2% (names new CEO), PARA +0.2% (MGNI and Paramount (PARA) Australia announce deal in Australia), MYRG +0.1% (awarded service agreement with XEL)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: EQBK -5.7%, SLP -4.5%, FBK -4.4%, LZB -4.4% (guides revs to lower end of prior guidance; also to acquire store network in Southeast US)
Companies trading lower in after hours in reaction to news: ORGO -26.1% (CMS proposing to slash payments for skin substitutes), MDXG -21.3% (CMS proposing to slash payments for skin substitutes), CHDN -5.3% (to acquire majority of Casino Salem Project), APP -2.8% (lower on TTD news, APP has been named as a possible S&P500 addition), HASI -2.3% (names new COO), SYK -2.3% (awarded $450 mln modification to DLA contract), WAY -1.9% (stock offering by selling shareholders), CVCO -1.8% (to acquire American Homestar), NKE -0.3% (partnership with Special Olympics), PUMP -0.2% (names new CFO), AVXL -0.2% (files for $300 mln common stock offering)