Investing
13 Unusual After-Hours Stocks on the Move (AKAM, FTNT, LVS, STX, WDC, OVTI, SYNC, TEX, TSCO, WFM, TFM, ZNGA, FB)
July 25, 2012 6:15 pm
Last Updated: July 26, 2012 4:56 am
These are the 24/7 Wall St. unusual after-hours stocks on the move. Most of the movers are on earnings news.
Akamai Technologies, Inc. (NASDAQ: AKAM) loved its earnings report as shares are up over 16% at $32.80 on more than 725,000 shares since the closing bell.
Fortinet, Inc. (NASDAQ: FTNT) is up over 10% at $24.73 on well over 200,000 shares. The company beat expectations on its earnings report.
Las Vegas Sands Corp. (NYSE: LVS) is down 6% at $35.25 on more than 2.4 million shares after a big earnings disappointment.
Great news in disk drive earnings…. Seagate Technology Ltd. (NASDAQ: STX) is up 8.3% at $28.51 on more than 600,000 shares since the close of trading. Western Digital Corporation (NASDAQ: WDC) is up almost 18% at $38.28 on more than 1 million shares since the closing bell.
OmniVision Technologies, Inc. (NASDAQ: OVTI) is up big with a 9% gain to $13.67 but only on 23,000 shares since the closing bell.
Synacor, Inc. (NASDAQ: SYNC) is down almost 19% at $10.50 on about 70,000 shares since the closing bell. The company known for TV everywhere missed its earnings expectations.
Terex Corporation (NYSE: TEX) is up 16% at $16.36 after earnings and more than 73,000 shares have traded hands.
Tractor Supply Company (NASDAQ: TSCO) is up 6% at $83.70 on nearly 500,000 shares after posting a 17% gain in earnings and managing to lift its guidance.
Whole Foods Market, Inc. (NASDAQ: WFM) is soaring after beating earnings and raising guidance. The margins are now 3-times that of some rivals in the grocery business. Shares are up close to 11% at $93.67 on over 1.2 million shares since the closing bell. Its smaller and fairly new rival called The Fresh Market, Inc. (NASDAQ: TFM) is up 7% at $55.06 as a secondary trade with only about 20,000 shares having traded hands.
Zynga Inc. (NASDAQ: ZNGA) is getting crushed after cutting its earnings outlook for the year in half after a truly poor earnings report with only $0.01 EPS. As of 5:55 PM EST we had shares down 36.4% at $3.23 on more than 18 million shares. The news is also bashing Facebook, Inc. (NASDAQ: FB) as the two are tied for better or worse ahead of the social networking giant’s own earnings report Thursday. Facebook shares are down 7.6% at $27.10 on more than 2.5 million shares after the close of trading.
JON C. OGG
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