After Hours Summary: OXM +9%, OLLI +6.2%, GEF +3% on earnings/guidance, CYNA +113% on acquisition news... CRM -7%, FIVE -4%, BOX -2% on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PI +10.2%, OXM +9.4%, OXM +9.4%, OLLI +6.2%, GEF +3.2%, SMTC +1.9%, BLOX +0.2% (light volume)
Companies trading higher in after hours in reaction to news: CYNA +113% (Cynapsus Therapeutics to be acquired by Sunovion Pharmaceuticals for $40.50/share in cash, or approximately $624 mln), SPU +5.6% (following 40%+ move higher), CHTR +3.2% (to join the S&P 500), CASC +2.6% (announces US approval of nonproprietary name 'tucatinib' for ONT-380 - co's lead product candidate for the treatment of advanced metastatic HER2+ breast cancer), NL +0.7% (following afternoon strength - ended the day up 40%), KHC +0.2% (to join the S&P 100)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCVL -7.1%, CRM -6.8%, FIVE -3.9%, BOX -1.7%, (also acquires Wagon Analytics), BOLD -0.3% (light volume)
Companies trading lower in after hours in reaction to news: AMD -1.4% (Advanced Micro amends its Wafer Supply Agreement with Globalfoundries for the period from Jan. 1, 2016 to Dec. 31, 2020), ATOS -1.2% (light volume; cont weakness after 28% decline today)