Six Stocks Moving Big On Tuesday's After-Hours

China Finance Online Co. (ADR) JRJC was one of the biggest gainers on Tuesday’s after-hours trading session, up almost 40 percent following the announcement of the company’s third quarter unaudited financial results. After the market closed, the micro cap Chinese web-based financial services company reported net revenue of $37 million, up 74.8 percent year-over-year and 59.9 percent month-over-month, and net income of $9.7 million, substantially above last year’s $2.4 million. Gross margins were also up year-over-year, from 75.8 percent in the third quarter of 2014, to 85.6 percent this quarter.

“We further streamlined our business and freed up additional resources that will allow us to reinvest in and fully focus on developing both iTouGu and Yinglibao. As a result, iTouGu grew rapidly during the quarter,” Mr. Zhiwei Zhao, the company’s Chairman and CEO, said.

Another big winner on Tuesday afternoon was Heartland Payment Systems, Inc. HPY, which gained more than 10 percent since the bell rang. The surge was triggered by news about Global Payments Inc GPN having agreed to acquire the company for $4.3 billion – or $100 per share. The purchase price stipulates a 17.5 percent premium to the price Heartland’s stock closed on Tuesday.

Shares of Global Payments were trading down roughly 2.7 percent on Tuesday’s after-hours session.

On the other hand, a few stocks falling on Tuesday’s after-hours included:

• Memorial Resource Development Corp MRD, down more than 9 percent
• Atara Biotherapeutics Inc ATRA, down roughly 4.7 percent on poor results from its Phase II PINTA 745 study.
• WPX Energy Inc WPX, down about 4 percent on an 8K filing that revealed increased leverage.

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