Why These 4 Stocks Were Tumbling After Hours

Shares of Cal-Maine Foods Inc CALM were down 0.82 percent in Monday’s after-hours session. Before the market opened, the shell eggs producer and marketer reported earnings of $ 1.33 per share, above the Street’s consensus of $0.90 per share. Revenue of $449.76 million also came in ahead of expectations for $430.9 million.

SYNNEX Corporation SNX was down almost 8 percent after the bell rang. The small-cap business process services company posted earnings of $ 1.37 per share, in line with the Street’s consensus. However, revenue of $3.126 billion missed expectations by roughly $130 million.

Puma Biotechnology Inc PBYI was trading down more than 14 percent after the company issued an update to the timeline for the filing of a new drug application. According to a press release, the decision was based on the company’s recent meetings with the U.S. Food and Drug Administration. “The Company now plans to submit its New Drug Application (NDA) for the approval of neratinib for the treatment of extended adjuvant breast cancer that has previously been treated with a trastuzumab-containing regimen in mid-2016,” the statement assured.

Iconix Brand Group Inc ICON was down roughly 3.5 percent on its Q4 earnings call. The small-cap brand management company delivered earnings of $0.25 per share, missing estimates of $0.31 per share. Sales of $94.7 million, however, came in slightly ahead of consensus, which stood at $93.16 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: EarningsNewsAfter-Hours CenterMovers
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