After Hours Summary: SORL +34%, CARG +11%, AMRS +7%, WPRT +6% higher and MTSI -9% lower following earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: APHB +33.7%, SORL +33.6%, NVCN +19%, RLOG +18.8%, SYNC +10.9% (thinly traded), CARG +10.7%, AMRS +7.3%, WPRT +6%, APTO +4.6% (light volume), IMMY +4.3%, JRJC +3.8%, YY +2.9%, BZH +2%, CDTI +2%
Companies trading higher in after hours in reaction to news: SNCR +4.6% (has completed the sale of its wholly owned subsidiary Intralinks Holdings to an investment fund affiliated with Siris Capital Group), MTOR +4.5% (ahead of earnings), TRXC +4.5% (modestly rebounding), AAOI +3.9% (Director disclosed the purchase of 22.4K shares), LRCX +1.9% (authorizes $2 billion share repurchase and 11% increase of quarterly dividend to $0.50 per share), SYF +1.4% (after Berkshire Hathaway disclosed increased stake), NTNX +1.1% (initiated with Outperform at Wells Fargo $40 price target)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: XGTI -15.2%, SRAX -10.9%, MTSI -9.3%, FTFT -6.7% (very thinly traded; filed to delay its 10-Q; provided prelim results), SITO -6.4%, YRD -5.4%, AMRK -4.6% (thinly traded), PRKR -4%, EVOK -3.2%, REXX -2.4%
Companies trading lower in after hours in reaction to news: ACHN -7.6% (reports preliminary proof-of-concept results from group 1 of its ongoing Phase 2, open-label, 14-day study of ACH-4471 for patients with C3 glomerulopathy; announces that JNJ intends to offer for sale in an underwritten public offering 18,367,346 shares of Common Stock), G -2.8% (announces underwritten public offering of 10 mln common shares by certain shareholders), OMAM -2.1% (launches public offering of 6,039,630 of its ordinary shares by Old Mutual), PSDO -1.9% (announces commencement of a proposed secondary public offering of 8 mln shares of common stock by certain funds affiliated with Apollo Global Management), IBM -0.6% (Berkshire Hathaway discloses lowered stake)