After Hours Summary: MYGN +15.2%, USNA +14.6%, DATA +14.5%, QNST -15.1%, XOOM -12%, GHDX -10.2% following earnings/guidance
After Hours Gainers: Companies trading higher in after hours in reaction to earnings: MYGN +15.2%, USNA +14.6%, DATA +14.5%, GIMO +6.4%, OCLR +5.6%, BBSI +5%, GNW+4.6%, NANO +3.6%, AMP +2.9%, DV +2.2%, RNR +1.8%, BWLD +1.3%, AFL +0.9%,CERN +0.7%, PTP +0.7%, LRAD +0.5%, PIKE +0.1%
Companies trading higher in after hours in reaction to news: - MYGN +15.2% (to acquire Crescendo Bioscience for $270 mln in cash which will be reduced by $25 mln for the repayment of a loan made to Crescendo and customary adjustments in accordance with the acquisition agreement, acquisition to be accretive to earnings beginning in fiscal year 2016; co also reported earnings), - IDIX +7.3% (The Baupost Group disclosed a 35.38% active stake in amended 13D filing; reports purchase of ~16.4 mln shares), - CALL +3.2% (announced dismissal of class action lawsuit), - MMM +1.1% (Board authorized $12 bln share repurchase program)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: QNST -15.1%, XOOM -12%, GHDX -10.2%, KEYW -8.5%, HAIN -7.3%, CHRW -6.4%, PACB -5.6%, ESIO -5.5%, MWA -2.8%, ACLS -2.6%, HNI -2.3%, THO -2.1%, ATW -2.1%, SPDC -1.8%, MANH -1.7%, MAC -1.3%, GILD -1.1%, ARWR -1%, AXS -0.6%, VTSS -0.6%, CVD -0.2%, EXP -0.1%
Companies trading lower in after hours in reaction to news: - XOOM -9.4% (acquired BlueKite for ~ $15 million in cash and equity; co also reported earnings), - AGEN -6.9% (commenced an underwritten public offering of shares of its common stock), - IDRA -3.8% (announced public offering of common stock and pre-funded warrants), - HCI -1.3% (to cancel Series A Preferred Stock conversion rights), - ARWR -1.0% (filed for $200 mln mixed securities shelf offering)