Volume Spike Investor » after-hours movers

After-Hours Surge: AMGEN (AMGN)

247admin — Fri, 25 Jul 2008 21:08:06 +0000

Amgen Inc (NASDAQ: AMGN) is surging in after hours trading after the company showed this long-awaited and highly anticipated osteoporosis data.

Shares are up a monster 11% after the close. This takes shares back over $60.00 for the first time in more than a year. To top it off, we have seen more than 900,000 shares trade hands since the close.

Jon Ogg
July 25, 2008

After-Hours Tank: Seagate Tech (STX, WDC)

247admin — Tue, 15 Jul 2008 21:29:00 +0000

Seagate Technology (NYSE: STX) tanked after earnings, although poor guidance was the true culprit. We’ve seen over 465,000 shares trade as of 5:30 PM EST and shares are down over 8.6% at $15.50 in after-hours. That’s also going to act as a 52-week low if that hold.

Western Digital Corp. (NYSE: WDC) is the key competitor and down in sympathy with over 134,000 shares traded in after-hours down by over 5% at $32.10.

Jon C. Ogg
July 15, 2008

After-Hours Volume Surge: Sun & Altera (JAVA, ALTR)

247admin — Tue, 15 Jul 2008 21:02:02 +0000

Sun Microsystems Inc. (NASDAQ: JAVA) rocketed after-hours after the company managed to issue better than expected guidance of $0.25 to $0.35 non-GAAP EPS on $3.725 to $3.8 Billion in revenues, compared to estimates of $0.27 EPS and $3.24 Billion in revenues. With more than 60 million shares short and with fresh 52-week lows day after day, this stock rocketed in after-hours trading by almost 14% to $10.00 after an $8.80 close. At 5:05 PM EST this one has traded some 6.4 million shares in after-hours trading.

Altera Corp. (NASDAQ: ALTR) reported earnings of $0.32 EPS on a 7.1% revenue gain to $359.9 million. First Call consensus estimates were $0.27 and $346.7 million. It also issued upside guidance for Q3 with revenue growth at “flat to down 3%” or about $349 to 360 million versus $350.5 million estimates. At 5:05 PM EST this one has traded about 430,000 shares and shares are up 7.6% at $20.68.

Jon Ogg

July 15, 2008

After-Hours Volume Spike: Amazon.com (AMZN)

247admin — Mon, 23 Jun 2008 20:57:38 +0000

Shares of Amazon.com (NASDAQ: AMZN) are trading lower in after-hours trading this Monday afternoon. The direct reason is its key shipping partner’s earnings warning.

The company hasn’t issued any new news, but the earnings warning from United Parcel Service (NYSE: UPS) and the comments about softening demand “on lower than expected package volume” are adding to the volatility.

Amazon.com closed down 0.5% at $80.68 in normal trading with a weak NASDAQ today, and shares are down about 1.4% in after-hours at $79.55 on about 89,000 shares (still the case as of 4:55 PM EST).

Jon C. Ogg
June 23, 2008