Archive for the ‘after-hours’ Category

Apple’s New All-Time Highs (AAPL)

Apple Inc. (NASDAQ: AAPL) has reopened after its trading halt.  The company handily beat earnings estimates and estimates on margins, iPhones, iPods, and iMacs…. and shares are sharply higher.  Shares closed down 1% at $244.59, and the stock is up around $263.00 in the after-hours session.  The prior 52-week and all-time high was $251.14. Keep [...]

athenahealth Drummed in After-Hours Trading (ATHN)

athenahealth, Inc. (NASDAQ: ATHN) is getting drilled and shelled in after hours trading.  The Internet-based business services for physician practices was supposed to be a winner in the healthcare cost containment and healthcare cost savings plans that have been fought over endlessly in Washington D.C. under the new administration.  But maybe its CEO being a [...]

Double-Digit Percentage Earnings Movers (ALGN, NFLX, QCOM, TTEK)

We have at least four stocks up or down by double-digit percentages in the after-hours session based upon their earnings reports.  These are Align Technology, Inc. (NASDAQ: ALGN) and Netflix, Inc. (NASDAQ: NFLX) up; Qualcomm Inc. (NASDAQ: QCOM) and Tetra Tech Inc. (NASDAQ: TTEK) down… Price snapshots below are as of 7:00 PM EST:

Somaxon, The Great Double (SOMX)

Somaxon Pharmaceuticals, Inc. (NASDAQ: SOMX) has soared in after-hours trading after it provided an update on the status of its New Drug Application for Silenor for the treatment of insomnia and said that the FDA acknowledged that this resubmission would be considered a complete response.  This also noted that no additional safety or efficacy data [...]

Hovnanian Still Stinking (HOV)

Hovnanian Enterprises Inc. (NYSE: HOV) is getting clipped in after-hours trading after its earnings release, although not as hard as it had been earlier in the after-hours session.  Shares closed up 11% at $4.23 on stronger housing starts, but shares are down 6% at $3.97 as of 4:50 PM EST. Revenue was down almost 40% [...]

Conseco Secondary Hits After-Hours (CNO)

Conseco, Inc. (NYSE: CNO) is holding up fairly well on a discounted secondary offering price.  The company priced its public secondary offering of 45,000,000 shares of common stock at $4.75 per share to raise approximately $202.4 million.  It will use $150 million plus 50% of the net proceeds in excess of $200 million to repay [...]

Cedar Fair Getting LBO? (FUN)

Cedar Fair LP (NYSE: FUN) is surging in the after-hours session.  The WSJ reported originally that Cedar Fair may be acquired by Apollo Management in a leveraged buyout for about $700 million and with about $1.6 billion debt assumption in the coming days if there are no last minute issues.  Shares closed up 0.8% at [...]

Citigroup Giving It Up Further (C)

Citigroup Inc. (NYSE: C) is getting blasted in after-hours trading.  Citi closed down over 3% at $ $3.45 on the day in regular trading, and (update at 6:02 PM EST) shares are down 5.2% at $3.26 PRIOR was shares are down 2.9% at $3.35 on 84,880,018 shares traded since the closing bell alone.  Citi was [...]

First Solar Leads Solar Stocks Higher (FSLR, ENER, JASO, SPWRA, CSIQ)

First Solar Inc. (NASDAQ: FSLR) closed at $136.74, down over 1% in regular trading.  The company gave mixed guidance for all of 2010 that is actually being well received by the after-hours trading session.  UPDATE: at 5:57 PM EST we have shares now up only 2.75% at $140.50 (at 4:43 PM EST we had shares [...]

Blue Horseshoe (hates) Brocade?

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is getting its feelings hurt in after-hours trading after H-P (NYSE: HPQ) decided to spend $2.7 billion to buy 3Com (NASDAQ: COMS).  Many have been under the assumption that Brocade Communications would be bought by H-P.  The good news is that someone else may now need to look at [...]