5 Stocks Moving In After-Hours: Earnings, Offerings & Management Shakeups

U.S. stocks were mixed on Monday trading, as anticipation for Federal Reserve Chairwoman Janet Yellen’s speech this Friday builds up. For their part, crude-oil futures tumbled about 3 percent.

After the market closed, shares of Zoe's Kitchen Inc ZOES plummeted roughly 15 percent, following the announcement of the company’s Q2 results. While EPS of $0.06 were in line with the Street’s consensus, revenue of $66.3 million missed expectations by almost $1 million. Also driving the stock down was a trimmed guidance.

Opposite was the case of NQ Mobile Inc (ADR) NQ, which gained 8.2 percent since the bell rang on its Q2 results. The China-based company posted sales of $83.7 million, up 18 percent, and non-GAAP net income of $7.6 million or $0.08 per ADS, compared to $7.0 million in the same quarter last year.

Also on the rise in after-hours was Tableau Software Inc DATA, which spiked 6 percent after appointing Amazon.com, Inc. AMZN’s former executive Adam Selipsky as the company’s new CEO. Co-founder and outgoing CEO Christian Chabot said, "Adam is going to take Tableau to the next level. His experience in making AWS the world's leading cloud platform, his passion for servicing customers at a global scale, and his authentic team player attitude make him an extraordinary fit for Tableau. He is the right person to lead Tableau to the next stage of growth."

Back to decliners, we’ve got Cosi Inc COSI, which slipped almost 15 percent in after-hours after the announcement that CEO and President Robert Dourney had been fired, while CFO Miguel Rossy-Donovan had resigned, to work for another company. Board member Patrick Bennett will serve as interim CEO until a permanent replacement is found.

Finally, there’s Sophiris Bio Inc SPHS, which was down more than 27.8 percent in after-hours, on the announcement of an equity offering of stock and warrants.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

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Posted In: EarningsNewsGuidanceOfferingsManagementAfter-Hours CenterMovers
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