After Hours Summary: RHT +5.5%, DRI +4% following earnings, Weichai investment pushes PSIX +50% higherAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SELB +16.3%, FNJN +14.1%, RHT +5.5%, DRI +3.9% (also to acquire Cheddar's Scratch Kitchen for $780 mln in an all-cash transaction)
Companies trading higher in after hours in reaction to news: PSIX +50% (Weichai America will invest $60 mln in the co through a combination of newly issued common equity at $8.00/share and preferred shares) VSTM +14% (continued strength), OCN +10.2% (entered into 2017 consent order with the New York Department of Financial Services), ASPS +7.6% (still checking - possibly OCN sympathy), TSRO +5.7% (confirms FDA approval of ZEJULA, says implementing plans to initiate registration strategies in the settings of metastatic ovarian, breast and lung cancers), OSIR +3.5% (thinly traded; completes restatement of 2014 financial statements; also reports preliminary estimated 2015 and 2016 revs), EDIT +3.2% (initiated with Buy at Chardan)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: DGLY -10.9% (light volume)
Companies trading lower in after hours in reaction to news: CYRX -33.4% (to offer shares of common stock in an underwritten public offering), STAF -5.4% (ticking lower after rejecting buy-out offer from Jackson Investment Group of $1.10 per share), INAP -4% (filed for ~27.2 mln share common stock offering by holders), STOR -1.9% (commences 7.6 mln common stock offering), ATH -1.4% (announces secondary offering of 25 mln Class A common shares by certain shareholders)
