After Hours Summary: SAP +4% up nicely on beat-and-raise in Q3; MEDP -10.7% slides on disappointing quarterly results
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: FLXS +11.4%, ZION +5.2%, SAP +4%, HSTM +3.3%, ARE +2%, WTFC +1.6%, RLI +1.2%, CATY +0.9%, ELS +0.7%, WRB +0.4%, BOKF +0.3%
Companies trading higher in after hours in reaction to news: IRTC +17.2% (FDA grants clearance for 510(k) submission related to design changes made to the Zio AT device), CAKE +5.3% (activist urging to consider breakup, according to WSJ), IIIN +3.6% (acquires Engineered Wire Products for $70 mln), RVMD +2.5% (first patient dosed in Phase 3 study), NRIX +2% (presentations announced to summarize new data), EDIT +1.3% (collaboration with Genevant Sciences), ESEA +1.1% (new 3-year time charter contracts), CRC +0.7% (Kern County approves of conditional use permit for CTV I carbon capture), REXR +0.6% (appoints new CFO and COO), NKE +0.5% (12-year partnership extension with NBA, WNBA, and G-League), BLND +0.2% (successful implementation of its Close solution), RYAM +0.1% (power restored to Georgia site), MTAL +0.1% (drill results)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: BOOM -21.2% (guidance, strategic review, and chairman shakeup), MEDP -10.7%, SSD -4.6%, HXL -2.9%, NUE -2.9%, IPAR -1.9%, SIGI -1%, KREF -0.6%
Companies trading lower in after hours in reaction to news: NNE -9.7% (stock offering), ASPN -5% (files mixed shelf; files 4.25 mln stock offering), BOW -2.4% (stock offering), OMC -0.8% (files mixed shelf)