After Hours Summary: SCS +7% following earnings, SINA +1% on shareholder Board nominations / evaluation of optionsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SCS +6.6%
Companies trading higher in after hours in reaction to news: NBRV +6.8% (continued strength; also commences $80 mln offering of ordinary shares), REXX +5.5% (provides update for its Moraine East Area operations, remains on target to meet its Q3 production guidance and its FY17 exit rate production growth rate guidance of 15-20%), DRNA +5% (Bain Capital Life Sciences Fund discloses increased active stake), NOMD +2.8% (Elliott Associates discloses 5.7% passive stake), JONE +2.1% (Fir Tree Partners calls on Jones Energy to pursue 'value-maximizing strategic alternatives'), KTOS +1.5% (Kratos Defense and Security deploys the World's First autonomous vehicle approved and supporting live roadway operation in Colorado), ACIA +1.3% (initiated after the close with a Buy and $64 tgt at MKM Partners), SINA +1.2% (shareholder Aristeia Capital confirms has nominated two independent candidates for election to Sina's Board to immediately evaluate and help execute opportunities), HLF +0.8% (amends/extends tender offer for common shares), MGM +0.5% (Senator Investment Group increases passive stake)
After Hours Losers:
Companies trading lower in after hours in reaction to news: FOMX -11.6% (light volume -- director and advisor entered into an individual share trading plan in accordance with Rule 10b5-1), MUX -7.4% (announces bought deal of $40.5 mln -- includes 18 mln shares and warrants to buy up to 9 mln shares at $2.25 per share and associated one-half common stock warrant), SUPN -5.5% (announced outcome of the planned interim analysis from the first Phase III clinical trial on SPN-810; says lower dose of SPN-810 trial will be eliminated), BECN -4.7% (commences $300 mln common stock offering; also files for common stock shelf offering), AMC -2.7% (continued weakness following NCMI news), BEAT -1.5% (continued weakness; also Board determined that the Company hold an advisory vote to approve executive compensation annually), EFX -0.9% (pulling back in after hours trade on reports that the company had security breach earlier than disclosed), WB -0.8% (WSJ reporting that Aristeia pushing for Sina sale / WB merger), HAS -0.8% (light volume; continued weakness on potential Toys R Us bankruptcy)