After Hours Summary: SNX +8% and THO +1.4% higher following earnings/guidance, INFI +14% / PIRS +13% / KITE +10% on trial data news... SXL -6% on acquisition / offering newsAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: SNX +7.8% (also increased quarterly cash dividend), THO +1.4%
Companies trading higher in after hours in reaction to news: INFI +14.4% (presents new preclinical data for IPI-549 that "appear favorable"), PIRS +13.1% (Pieris Pharmaceuticals presents 'positive' data for its bispecific drug candidate, PRS-343), KITE +10.2% (announces positive topline KTE-C19 data from ZUMA-1 pivotal trial in patients with aggressive non-hodgkin lymphoma (NHL) -- Study met primary endpoint with combined complete response rate of 39% at three months), NYRT +8.2% (files for 3,452,7 share common stock offering by selling shareholders; retains Spencer Stuart for independent Board Of Directors candidate search), BLDP +6.3% (announces that automotive OEM Audi AG has issued purchase orders to accelerate certain key development activities), JUNO +4.4% (following KITE's CAR-T data), HEAR +4.3% (light volume, restructuring Hypersound business to substantially lower operating costs), NAVB +4.1% (appoints Michael Goldberg, M.D. President and Chief Executive Officer and Eric Rowinsky, M.D. as Chairman), RMP +2.8% (ticking higher, will purchase the acquired midstream assets from Rice Energy for $600 mln. The transaction is expected to close in the fourth quarter of 2016, subject to customary closing conditions), DRRX +2.6% (after Monday's 30%+ decline on CRL news), AGRO +2.4% (extends share repurchase program for and additional twelve-month period ending on September 23, 2017), PTIE +1.5% (after Monday's 50% decline on CRL news), DTE +0.4% (to purchase 100% of Appalachia Gathering System; increased its 2016 operating earnings guidance)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: N/A
Companies trading lower in after hours in reaction to news: SXL -5.7% (to acquire Vitol's crude platform for about $760 mln plus working capital; commenced an underwritten public offering of 21 mln common units pursuant to an effective shelf registration statement on Form S-3 previously filed with the SEC), NAT -5.6% (announced an underwritten public offering of 11 mln common shares), MPW -3.7% (to acquire the real estate interests of nine acute care hospitals operated by Steward Health Care System; commences 33.5 mln common stock offering), MYOK -3.7% (announces underwritten public offering of 3,800,000 shares of its common stock), RICE -0.4% (to acquire Vantage Energy for ~$2.7 bln; commences a 40 mln share underwritten public offering of common stock)