After Hours Summary: HEI +5.5%, JBL -13.3%, PAY -5.0% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: HEI +5.5%
Companies trading higher in after hours in reaction to news: SYNM +50.4% (to be acquired by Renewable Energy Group (REGI), Syntroleum to receive 3.796 mln shares of REGI cmmon stock), WPCS +44.4% (announced acquisition of BTX Trader LLC, an early stage tech company engaged in developing a proprietary trading platform for bitcoins), ADHD +8.9% (co's metadoxine for the treatment of Fragile X Syndrome granted FDA orphan designation status), UUUU +5.3% (entered into a Strategic Relationship Agreement with Korea Electric Power Corporation (KEP)), DHX +5.0% (announced new $50 mln stock repurchase program), OMER +4.3% (Co's antibody inhibitor for the prevention of complement-mediated thrombotic microangiopathy receives FDA orphan designation status), ADEP +4.2% (announced partnership agreement with Harpak-ULMA Packaging, naming Harpak-ULMA a primary and secondary food packaging partner)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: JBL -13.3%, PAY -5.0%
Companies trading lower in after hours in reaction to news: ONTX -17.9% (announced discontinuation of the Phase 3 ONTRAC study of intravenous rigosertib plus gemcitabine in front-line metastatic pancreatic cancer), JBL -13.3% (to divest aftermarket services business for $725 mln, co also reported earnings), OPXA -12.2% (announced proposed public offering of common stock; all of the shares in the offering are to be sold by Opexa, no amount disclosed), QCOR -4.5% (competitor Retrophin (RTRX) unveiled new clinical development candidate RE-034, an ACTH analog; to initiate clinical development in multiple indications), HALO -1.1% (announced Helen Torley will assume the role of President and CEO; Gregory Frost departing co)