After Hours Summary: Rubicon Project (RUBI), NeoPhotonics (NPTN) slip in extended trading following light guidanceAfter Hours Gainers:
Companies trading higher in after hours in reaction to earnings/guidance: PIP +27.5%, ARNA +21.8%, AXAS +12.7%, RST +12.2%, CLDX +3%, SLD +2.9%, FOGO +2.6%.
Companies trading higher in after hours in reaction to news: TCON +11.1% (Announced that it entered into a Common Stock Purchase Agreement of up to $21 mln with Aspire Capital), AI +3.6% (Affirmed an unchanged quarterly dividend of $0.625/share), KITE +1.3% (Highlighted the publication of results in the Journal of Clinical Oncology from a National Cancer Institute study of anti-CD19 chimeric antigen receptor T-cell therapy in patients with relapsed/refractory non-Hodgkin lymphoma), TWO +1.1% (Increased its quarterly dividend to $0.25/share from $0.24/share), USO +1% (Following API draw).
After Hours Losers:
Companies trading lower in after hours in reaction to earnings/guidance: RUBI -23.7%, NPTN -12.1%, FTD -7.7%, AKAO -7.5%, EVRI -7.4%, OHAI -6.1%, CNXR -5.8%, INFI -5.1%, TRTN -3.1%.
Companies trading lower in after hours in reaction to news: NMM -12% (Agreed to sell approximately 47.6 mln common units in a registered direct offering at $2.10/unit), IMUC -8.1% (Confirmed that its Annual Report on Form 10-K for the year ended December 31, 2016 contained an audit opinion from its independent registered public accounting firm that included a going concern emphasis of matter paragraph), ENDP -1.2% (Continued weakness following late day selloff on negative Advisory Committee vote).