Earnings & Capital Plans Moving 4 Stocks In Wednesday's After-Hours Session

U.S. stocks markets closed up on Wednesday for a second consecutive session, as investors digested the Brexit news, and rushed to buy beaten down stocks.

Let’s take a look into some stocks that continued to move after the market closed on Wednesday.

Pier 1 Imports Inc PIR traded down about 6.8 percent, following the announcement of disappointing first quarter results. A net loss of ($0.07) per share was $0.02 wider than expected, while revenue of $418.37 million, down 4.2 percent year over year, missed the Street’s consensus by $1.68 million. Management trimmed its second quarter and full year guidance, which now stand mostly below estimates, and reiterated a $0.07 per share dividend, in line with the previous payout.

Progress Software Corporation PRGS spiked up on its financial results. Second quarter EPS of $0.33 and revenue of $96.7 million beat the Street’s consensus by $0.04 and $2.06 million, respectively.

JPMorgan Chase & Co. JPM rose about 1.6 percent after the bell rang, following the Fed’s approval of its capital plan. The plan includes a $0.48 per share quarterly dividend – which adds up to a 3.1 percent annual yield, in line with the previous payout, and an increase in its share buyback program to up to $10.6 billion.

Similar was the case for Wells Fargo & Co WFC, which gained 0.5 percent after the market closed, also on the approval of its capital plan, which stipulates a $0.38 per share dividend, which represents 3.2 percent annual yield.