Yum! Brands, Adobe Plummeting In Tuesday's After-Hours Session

Shares of Yum! Brands, Inc. YUM were down more than 16 percent in Tuesday’s after-hours session, following the announcement of the company’s third quarter financial results. The restaurant operator reported earnings of $1.00 per share on revenue of $3.427 billion, well below the Street’s consensus estimate of $1.07 per share and $3.684 billion.

Adobe Systems Incorporated ADBE lost about 10 percent. The decline was triggered by the company’s issuing lowered full-year guidance.

The Credit Suisse AG - VelocityShares 3x Long Silver ETN USLV gained more than 3.5 percent after the market closed, continuing with the 3.63 percent surge the stock experienced during the day.

Nu Skin Enterprises, Inc. NUS was down more than 16 percent following the update to the company’s revenue guidance for the third quarter of 2015 management provided.

Other stocks surging on Tuesday’s after-hours session include:

  • Continental Resources, Inc. CLR, up more than 2 percent
  • Arch Coal Inc ACI, up more than 1 percent
  • Michaels Companies Inc MIK, up over 2.6 percent
  • Credit Suisse AG - VelocityShares Daily 2x VIX Short Term ETN TVIX, up about 2.4 percent

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

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Posted In: EarningsNewsGuidanceAfter-Hours CenterMovers
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