Unusual After-Hours Stocks on the Move (BRCD, DUCK, INTU, NR, JWN, SPWRA, RRGB)

We have several huge stocks on the move in the after-hours session.  We are tracking the moves and active trading in Brocade Communications Systems, Inc. (NASDAQ: BRCD), Duckwall-Alco Stores, Inc. (NASDAQ: DUCK), Intuit Inc. (NASDAQ: INTU), Newpark Resources Inc. (NYSE: NR), Nordstrom, Inc. (NYSE: JWN), SunPower Corporation (NASDAQ: SPWRA), and Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB).

Brocade Communications Systems, Inc. (NASDAQ: BRCD) is trading higher by over 4.6% at $6.29 after reporting that earnings were down by almost half but still above estimates.  We have seen more than 3.5 million shares trade in the after-hours alone.

Duckwall-Alco Stores, Inc. (NASDAQ: DUCK) is down 5.6% at $12.50 on more than 500,000 shares since the 4PM Close.  Here is the thing to consider: volume is only about 7,000 shares a day.  This is very likely a clean-up block trade

Intuit Inc. (NASDAQ: INTU) is up 2.1% at $51.50 on more than 165,000 after-hours shares after profit fell about 36% after selling its real estate solutions business in 2010.

Newpark Resources Inc. (NYSE: NR) is up more than 10% at $7.16 on more than 35,000 shares after the closing bell after beating earnings expectations.

Nordstrom, Inc. (NYSE: JWN) is down about 2.1% at $45.50 in after-hours trading on more than 170,000 shares despite a 35% rise in earnings.  Retail stocks have risen sharply, so it is a sell-the-news event.

SunPower Corporation (NASDAQ: SPWRA) is surging more than 7.8% in the after-hours on more than 570,000 after-hours shares after profit rose on higher gross margins and strong demand… Wait a minute, Higher Margins in SOLAR?  It also lifted its full-year forecast.

Red Robin Gourmet Burgers Inc. (NASDAQ: RRGB) is up 7% at $22.60 after its Q4 earnings rose over 30%. Volume is light at 19,000 after the close.

You can join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.


Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.