After Hours Summary: RHT +10.9%, AIR +0.7%, KUTV -19.7%, TIBX -14.4%, NKE -1.1% following earnings/guidance
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: RHT +10.9%, AIR +0.7%
Companies trading higher in after hours in reaction to news: APRI +7.4% (announced national phase approval for erectile dysfunction cream - Vitaros in France), TRAK +6.7% (announced agreement to acquire Dealer.com for 8.7 mln shares of common stock and $620 mln in cash), JNY +4.1% (to be acquired by Sycamore Partners for $15 per share in cash), CIM +2.6% (announced special dividend of $0.20 per share), GENT +2.4% (to be acquired by Jazz Pharmaceuticals for $57 per share in cash tender offer), EXEL +1.7% (COMETRIQ (cabozantinib) received positive opinion from CHMP for progressive, unresectable locally advanced or metastatic medullary thyroid carcinoma)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: KUTV -19.7%, TIBX -14.4%, NKE -1.1%, BTU -0.7%
Companies trading lower in after hours in reaction to news: IDCC -11.7% (co lost patent case against Nokia, Huawei, and ZTE), DHT -5.4% (filed for ~28.13 mln share common stock offering by selling shareholders), NAVB -3.7% (European Medicines Agency (EMA) has provided updated Day 180 feedback and has elected to continue the assessment of the Marketing Authorization Application (MAA) for Lymphoseek (technetium 99m tilmanocept) Injection), BSPM -2.8% (filed for $35 mln mixed securities shelf offering)