After Hours Summary: PGNY -23.3% after losing significant client; SCS -10.2% lower on earnings; PLTK +2.9% to acquire SuperPlay
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: FDMT +4% (highlights clinical activity for 4D-150 and design of 4FRONT Phase 3 Program), PLTK +2.9% (to acquire SuperPlay for $700 mln), TRIB +2.7% (to initiate CGM market study in India in furtherance of intended collaboration with Bayer), INCY +2.2% (INCY and SNDX announce NEJM publication of data from Pivotal AGAVE-201 trial), JCI +1.5% (launches update to Metasys), PLUG +1% (contracts with BP and Iberdrola JV to supply PEM electrolyzers in Spain), SNDX +1% (INCY and SNDX announce NEJM publication of data from Pivotal AGAVE-201 trial), CTGO +0.4% (stock offering by selling shareholders), PLTR +0.2% (awarded $99.8 mln U.S. Army contract), VST +0.1% (to acquire equity interests of Vistra Vision from minority investors, to become sole owner)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: SCS -10.2%, SANG -0.2%
Companies trading lower in after hours in reaction to news: PGNY -23.3% (significant client to terminate services agreement), CRMT -12.3% ($65 mln stock offering), ASND -4.2% (commences $300 mln ADS offering), AHR -3.4% (commences 14.5 mln share offering), ALGS -1.1% (to announce topline results from Phase 2a HERALD Study), HESM -0.9% (10 mln share offering by selling shareholder commences), SMAR -0.8% (COO to resign, co to eliminate position), MLKN -0.7% (in sympathy with SCS earnings), RGEN -0.6% (to restate results due to timing recognition of product revenue; increases FY24 revenue guidance), HNI -0.2% (in sympathy with SCS earnings), AGX -0.2% (increases dividend)