After Hours Summary: PLXS +6.5%, DWCH +6%, KMI / HAWK / URI +4%, TMUS +3% higher following earnings/guidance, MGM +4% on S&P 500 addition news... PTC -13%, CHRW -9%, BG -3% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: HPJ +22%, SRPT +15.6%, PLXS +6.5%, DWCH +6.3%, TCBI +4.4%, KMI +4.2%, HAWK +4%, URI +3.6%, TMUS +3.1%, AEHR +2.4%
Companies trading higher in after hours in reaction to news: ALIM +5.3% (thinly traded; announced that the United Kingdom's Medicines and Healthcare Products Regulatory Agency (MHRA) has given final approval to reduce the size of its ILUVIEN Registry Safety Study), MGM +3.7% / AOS +0.2% / RMD +0.2% (to join S&P 500), NKE +2.1% (upgraded after hours to Overweight from Equal-Weight at Morgan Stanley; tgt $68)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PTC -12.6%, CHRW -8.6%, BG -3.4% (expects Q2 adj earnings to be modestly profitable but below low end of the range of analyst estimates primarily driven by challenging ag market conditions; details $250 mln Competitiveness Program), AA -2.5%, QCOM -1.4%, AXP -1.1%
Companies trading lower in after hours in reaction to news: CFRX -10.3% (commences public offering of its common stock and warrants to purchase additional shares of its common stock; all of the securities in the offering are to be sold by ContraFect), RGLS -6.2% (commences common stock offering), GOOD -5.6% (to sell shares of its common stock in an underwritten public offering), WES -4.7% (being attributed to block trade pricing)