Top After-Hours Stocks on the Move (ITRI, NVDA, PDLI, HAWK, WMB)

We are seeing many movers in the after-hours session this Wednesday.  We wanted to track some of the key movers with brief news updates as of 4:30 PM EST.  Shares one the move include NetApp, Inc. (NASDAQ: NTAP), Itron, Inc. (NASDAQ: ITRI), NVIDIA Corporation (NASDAQ: NVDA), PDL BioPharma, Inc. (NASDAQ: PDLI), Seahawk Drilling, Inc. (NASDAQ: HAWK), and Williams Companies Inc. (NYSE: WMB).  We have offered a news blurb and the move on each:

NetApp, Inc. (NASDAQ: NTAP) is taking a big breather after its earnings report.  Shares closed at $58.54 and are down 7% at $54.44 on right at 1 million shares since the closing bell.

Itron, Inc. (NASDAQ: ITRI) is down taking a breather after reporting $0.95 non-GAAP EPS along with a $1.6 billion total backlog of orders… Shares are down over 4.7% at $60.58 on over 35,000 shares.

NVIDIA Corporation (NASDAQ: NVDA) beat earnings and guided higher… Shares are up over 2% on more than 1.2 million shares at $23.89 on last look.

PDL BioPharma, Inc. (NASDAQ: PDLI) may be due to spreads or something trade related after it slid during the day by 7.5%… After a $5.03 close we saw trades up at $5.16 and $5.44… again maybe just the after-hours shenanigans.

Seahawk Drilling, Inc. (NASDAQ: HAWK) is still SeaChicken now that it is bankrupt, but shares are up marginally from the close of $4.22 at $4.30 on over 900,000 shares since the close.

Williams Companies Inc. (NYSE: WMB) is soaring after announcing that it will split into two stand-alone publicly traded companies and was hiking the dividend by 60%… Shares are up 10.6% at $30.74 at a new 52-week high on more than 4 million shares in the after-hours.

Have a great evening, catch you in the morning!

JON C. OGG