After Hours Summary: PIXY +109%, JBL +3%, COST +2%, ADBE +1.3%, ORCL -7% following earnings/guidance, DDR +9% on spin off plansAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PIXY +109.1%, KANG +5%, FORD +4.1%, JBL +3.1%, COST +2.2%, ADBE +1.3%
Companies trading higher in after hours in reaction to news: DCIX +29.8% (Morgan Stanley discloses 5.3% passive stake), DDR +9.3% (higher after announcing plan to spin off portfolio of 50 assets; will host call today at 5pm ET), GALE +6.3% (Galena Biopharma Dec 15 special meeting of stockholders adjourned until Dec 29 to allow sufficient time for stockholders to vote on Proposal 3 -the Reverse Stock Split Proposal), AVGR +5.9% (entered into agreement to waive compliance with the minimum revenue covenant for 2017 included in the company's term loan agreement with CRG), HES +5.5% (WSJ reporting that activist Elliot is seeking to remove the CEO or push for sale), DISCA +5% (Director John Malone disclosed the purchase of more than 330K shares valued at approx $6.6 mln), GLNG +4.9% (seeing after hours strength after Karen Finerman pitched on CNBC), SIEB +3.8% (continued strength), FORM +2% (upgraded to Strong Buy at Needham), RPAI +1.1% (authorized $250 mln increase to the size of its existing common stock repurchase program -- bringing total to $264 mln), WM +1% (to increase quarterly dividend rate to $0.465 per share from $0.425 per share and authorizes repurchase of $1.25 billion of common stock effective immediately), DVA +0.8% (DaVita Kidney Care issues statement about DaVita Rx settlement; amounts have been paid or previously accrued), TWO +0.7% (modestly higher after declaring quarterly dividend of $0.47 per share of common stock; expects $0.47 per share amount to be sustainable into 2018)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ORCL -6.8%
Companies trading lower in after hours in reaction to news: VSTM -15.3% (to offer $25 mln of common stock in underwritten public offering), APHB -8.7% (announces near-term strategic goals and initiatives; pursuing various approaches to fund Phase 2 clinical development and has engaged Ladenburg to review strategic alternatives; files for $10 mln mixed securities shelf offering), BDSI -4.8% (reacquires ONSOLIS from Collegium Pharmaceutical), GBT -3.2% (to sell $100.0 million in shares of common stock in underwritten public offering), NQ -1.9% (Linkmotion signed new partnership with Chery Automotive to develop technology platform for connected automobiles; also completes FL Mobile divestment and sale of Showself's live social video business -- adjusts financial results), TMUS -0.9% (continued weakness despite being upgraded to Outperform from
