After Hours Summary: STLD +7.0%, FSI +3.9%, FRPT +0.3%, CTSO -47.0%, UTIW -11.8%, RKT -5.1% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: STLD +7.0%, FSI +3.9%, FRPT +0.3%, WG +0.2%
Companies trading higher in after hours in reaction to news: VLTC +98.0% (Carl Icahn disclosed 52.3% active stake in 13D filing), DYAX +49.8% (announced positive results from Phase 1b Clinical Trial of DX-2930 for the prevention of hereditary angioedema attacks), INS +9.4% (signed an agreement to sell its ChemFree subsidiary to CRC Industries for ~$21.6 mln), PMFG +2.1% (announced agreement to sell its ALCO products and Boss-Hatten heat exchanger brands to Koch Heat Transfer; financial details not disclosed), CHK +1.4% (Chairman disclosed purchase of 1 mln shares, worth total of $13.979 mln, 3/27 transaction date), RUBI +1.0% (reached a definitive agreement to acquire privately held Chango Inc for ~$122 mln; reaffirms its confidence in its financial guidance on a stand alone basis for the first quarter of 2015 as previously provided),
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: CTSO -47.0%, UTIW -11.8%, VUZI -11.3%, RGSE -7.0%, CRS -6.1%, RKT -5.1%, SNX -3.3%, NG -3.0%
Companies trading lower in after hours in reaction to news: CTP -3.7% (filed to delay Form 10-K; Sylvain Dhenin to assume role of CEO immediately following the filing), BEL -2.4% (disclosed that Filip Boyen has resigned as Chief Operating Officer effective immediately), BURL -0.9% (announced that certain stockholders intend to offer ~12.5 mln shares of common stock in an underwritten public offering), CGI -0.8% (filed for $250 mln mixed securities shelf offering), MEG -0.8% (priced secondary public offering of 6.8 mln shares of common stock by selling stockholder at $16 per share)