After Hours Summary: SGH +6.8%, TSN +5.6%, KBH +2% following earnings/guidance, PLAB +4.9% and PARR +4% on S&P SmallCap 600 addition newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: AEHR +19% (also received follow-on orders totaling $2.7 mln from a subcontractor), ATEN +18.8%, SGH +6.8%, TSN +5.6%, KBH +2%
Companies trading higher in after hours in reaction to news: APVO +13.9% (extends cash runway $20 mln and retains term loan agreement; completes sale of hyperimmune products for up to $74.5 mln), PTCT +9% (higher despite confirming FDA Advisory Committee vote against Ataluren), PLAB +4.9% and PARR +4% (to join S&P SmallCap 600 effective October 6 prior to the open), ZYNE +3.8% (upgraded to Overweight from Neutral at Piper Jaffray), HRL +1.2% and PPC +1% (following TSN guidance), BLUE +1% (announces first patient treated with second anti-BCMA CAR T bb21217 in CRB-402 Phase 1 study; to receive $15 million option exercise payment from Celgene), PHM +0.9% (ticking higher following KBH results), V +0.5% (initiated after the bell with Overweight rating at Cantor Fitzgerald)
After Hours Losers:
Companies trading lower in after hours in reaction to news: NITE -6.1% (modestly pulling back from today's 10 point surge higher), PRTA -5.5% (announces results of a Phase 1b study of PRX003 in patients with psoriasis were insufficient to advance PRX003 into mid-stage clinical development), GLYC -4.1% (files for $250 mln mixed securities shelf offering ; entered $100 mln common stock Sales Agreement with Cowen via at the market offering), NXST -1.9% (attributed to block trade pricing), SRPT -1.1% (following late move higher on PTCT FDA news), CSGP -0.8% (priced offering of 2,884,616 shares of common stock at $260.00 per share)