After Hours Summary: SMTC +11.5%, PSTG +4.1%, PQ -13.3%, HABT -10.5%, SUNE -11.7% following suspension of dividendAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SMTC +11.5%, PSTG +4.1%, DTSI +3.7%, CPE +3.6%, SKUL +3.1%, WB +2.9%, JOBS +2.2%, TDOC +1.7%.
Companies trading higher in after hours in reaction to news: IPI +3.6% (filed mixed securities shelf offering for an undisclosed amount), KOOL +2.1% (approved 1:20 reverse stock split effective March 4), BHP +1.7% (Samarco confirmed agreement with Brazilian authorities).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: PQ -13.3%, HABT -10.5%, PCOM -4%, SINA -3.4%, PLPM -2.9%
Companies trading lower in after hours in reaction to news: SUNE -11.7% (suspended dividends on preferred stock), BANC -4.5% (commenced a public offering of its common stock), TSLX -3.2% (commenced 5 mln share public offering), OPXA -2.1% (reduced workforce by ~30% ahead of phase 2 data expected in 4Q16).