After-Hours Major Winners & Losers (BWLD, IRBT, INVN, PNRA, RFMD, TPX, UTHR)
October 23, 2012 by Jon C. Ogg
We have several after-hours movers that we have not covered individually tonight. We have Netflix getting crushed and Facebook is rallying on mixed news. Here are some other stocks on the move after earnings. We are tracking big after-hours moves in the following: Buffalo Wild Wings, Inc. (NASDAQ: BWLD); iRobot Corporation (NASDAQ: IRBT); InvenSense, Inc. (NYSE: INVN); Panera Bread Company (NASDAQ: PNRA); RF Micro Devices, Inc. (NASDAQ: RFMD); Tempur-pedic International Inc. (NYSE: TPX); and United Therapeutics Corporation (NASDAQ: UTHR).
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Buffalo Wild Wings, Inc. (NASDAQ: BWLD) is down over 10% at $74.40 after its profits failed to meet estimates. Store growth looked slower as well. The prior 52-week range is $58.08 to $94.81.
Facebook is trading higher after mixed earnings were viewed as good enough.
iRobot Corporation (NASDAQ: IRBT) is seeing shares down over 11% at $20.00 against a 52-week range of $19.09 to $38.33. While it grew, it said with earnings that the 2012 outlook for D&S has deteriorated and it expect further declines in 2013.
InvenSense, Inc. (NYSE: INVN) was up 1.6% today, but that was before its earnings report. The company said that Steven Nasiri will step down as CEO and Chairman effective immediately. Shares are down 18% at $10.20 against a 52-week range of $8.25 to $22.35.
Netflix hit skid row after its earnings.
Panera Bread Company (NASDAQ: PNRA) is bucking the restaurant trends of weakness seen elsewhere. Along with a 27% gain in its profits, guidance was positive and ahead of estimates. Shares are up 5.7% at $169.52 in the after-hours session.
RF Micro Devices, Inc. (NASDAQ: RFMD) is up and up again. Shares closed up 3.4% on what was a bad market day and the stock was up 10.9% at $4.36 in the after-hours trading session. Revenue rose sequentially to $209.7 million and sees the current quarter at $245 million due to improvements. Its 52-week range is $3.45 to $7.89.
Tempur-pedic International Inc. (NYSE: TPX) is proving that bed bugs are back! Shares were down 4.6% on the day at $31.87, but shares were down almost 18% at $26.17 on last look. Posting a quarterly loss and a weaker than expected forecast is crushing this stock all over again. Keep in mind that the 52-week range is $20.70 to $87.43.
United Therapeutics Corporation (NASDAQ: UTHR) was already down 2.2% at $53.28 today and shares were down 9.9% at $48.00 in the after-hours session. This is after news that it received a complete response letter for its Oral Treprostinil new drug application, which means that the FDA did not approve its application.
JON C. OGG
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