After Hours Summary: ZIM +13.7% following updates on ongoing strategic review; PSN +5.6% nicely higher SHIELD contract; NBIX -1% after Phase 3 study did not meet primary endpoints
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: None.
Companies trading higher in after hours in reaction to news: ZIM +13.7% (updates on ongoing strategic review), PSN +5.6% (awarded a Missile Defense Agency SHIELD contract worth up to $151 bln), STNE +1.7% (authorizes new R$ 2 bln share repurchase program), ITRG +1.3% (full conversion and repayment of Beedie Capital convertible debenture), RTX +1.1% (awarded a $841 mln Army contract), IAG +0.9% (completes acquisition of Mines D'Or Orbec), AMRX +0.8% (FDA approves its Biologics Licensing Applications for Boncresa), OII +0.8% (names new CFO), NB +0.7% (Board approves Mine Portal Project), SVM +0.6% (reports PEA for Condor Gold Project in Ecuador), EOSE +0.5% (non-exec Chair to step down; appoints new non-exec Chair), BXP +0.2% (extends employment agreement with Chairman/CEO), HBAN +0.2% (HBAN and CADE received all regulator approvals of pending merger), GEV +0.1% (agreement to supply turbines for Australian wind farm)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: None.
Companies trading lower in after hours in reaction to news: JACK -2% (completes sale to Yadav for about $119 mln), NBIX -1% (Phase 3 KINECT-DCP study did not meet primary or secondary endpoints), UMAC -1% (receives purchase order value at $3.75 mln), PR -0.5% (corporate reorganization), UPXI -0.5% (files $1 bln mixed shelf offering), BYND -0.1% (files mixed shelf offering)