After Hours Summary: Z +10% following settlement agreement with NWSA; DRYS -38% after providing details on its liquidityAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: UNFI +10.8%, GIGA +5.4%, XTLY +2.4%
Companies trading higher in after hours in reaction to news: SRPT +26.5% (discloses FDA request that Co provide dystrophin data from biopsies already obtained from the ongoing confirmatory study of eteplirsen), WGBS +12.4% (enters into an exclusive distribution agreement in Japan with Takara Bio), Z +9.5% (settlement agreement with News Corp (NWSA))
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: ENVA -10.6%, PEB -4%, SIGM -3.1%, CASY -2.2%
Companies trading lower in after hours in reaction to news: DRYS -37.7% (After filing 8k which covered previously released Q1 results and updated details regarding liquidity), MSTX -12.6% delays the anticipated timing for announcement of top-line data from its Phase 3 clinical study of vepoloxamer in patients with sickle cell disease), ALXN -11% (announces topline results from Phase 3 REGAIN Study of Eculizumab in patients with refractory generalized myasthenia gravis - REGAIN study missed its primary endpoint), ENVA -10.6% (announces the completion of a prelim assessment of the proposed rule regarding small-dollar loans issued on June 2nd by the CFPB, estimates rev decline of 30-40% if proposed ruling is adopted), ESI -6.4% (ordered by the Department of Education to enhance its finances, according to the WSJ), TRU -2.1% (commences ~15.6 mln common stock offering )