After Hours Summary: TCS +39%, TLYS +18%, INTU +9%, VSAT +5% higher and ANW -19%, OOMA -15% lower on earnings/guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: TCS +38.6%, TLYS +17.9%, INTU +8.6%, VSAT +5.4%
Companies trading higher in after hours in reaction to news: SPHS +8.7% (received the regulatory clearance topsalysin for the treatment of patients with urological diseases; clinical sites can now begin dosing eligible patients in a Phase 2b study in localized prostate cancer), GLYC +8.1% (continued strength -- offering pricing expected tonight), UNXL +7.9% (confirmed management and directors acquire shares in the open market), IMGN +4% (sells its IMGN529/DEBIO 1562, a clinical-stage anti-CD37 ADC for the treatment of patients with B-cell malignancies), AXAS +1.6% (to acquire 2,008 net acres and 33 Boepd in Texas prospective for the Wolfcamp/Bone Spring for $22.2 million), AEO +0.6% (maintains $0.125 quarterly dividend)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ANW -18.6%, OOMA -15.4%
Companies trading lower in after hours in reaction to news: NBIX -8.5% (announces that the initial Phase II Tourette syndrome T-Force GREEN study of INGREZZA did not meet its primary endpoint), SNDX -5.9% (to offer and sell $50 million of its common stock in an underwritten public offering, XGTI -5.7% (entered into a purchase agreement and a registration rights agreement with Lincoln Park Capital Fund), STNG -4.8% (Scorpio Tankers announces merger agreement with Navig8 Product Tankers and the launch of a concurrent public offering of common shares), BG -3.3% (Bunge is modestly pulling back on reports that Glencore is discussing partnership), UHS -3% (seeing continued weakness on reports of expanded probe), ALNY -1.7% (commences underwritten public offering of 5 mln shares of its common stock), HMNY -1.6% (modest pullback), TREE -1.3% (commences $200 mln private placement of convertible senior notes due 2022), ESRX -0.6% (announced that Christopher A. McGinnis, the principal accounting officer and Controller, will be leaving the Company on June 9, 2017 to pursue another opportunity), ABT -0.4% (Abbott-Thoratec recalls HeartMate II LVAS Pocket System Controller due to risk of patient injury and/or death during backup controller exchange; devices recalled in the U.S. 28,882)
Several utility/electric names are lower following PJM auction update: DYN -4.2%, CPN -1.8%, EXC -0.5%