After Hours Summary: ORIG +34%, AMAT +8%, DRYS -12%, AXAS -8% following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: ORIG +33.7%, AMAT +7.5%, MENT +3.3%
Companies trading higher in after hours in reaction to news: XGTI +9.3% (Intracoastal Capital discloses 9.0% passive stake)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DRYS -12.2%, AXAS -7.5%, ROST -6.6%, SCVL -5.9%, BRCD -2.3%, ADSK -2.2%
Companies trading lower in after hours in reaction to news: AXAS -7.5% (commences 25 mln underwritten public offering of common stock), PACB -7.4% (enters into controlled equity offering sales agreement to sell up to $30 mln of common stock)