Market Overview

Wednesday's After-Hours Movers: 10 Stocks To Watch

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Steelcase Inc. (NYSE: SCS) reported earnings of $0.35 per share on revenue of $819 million, beating guidance and the Street’s consensus estimate of $0.33 per share and $794.5 million. Shares surged about 3.6 percent in after-hours trading.

Worthington Industries, Inc. (NYSE: WOR) fell 2.58 percent during the regular session, and rose about 0.5 percent after hours. The company announced a quarterly dividend of $0.19 per share. Financial results are yet to be released.

The biggest winner after the bell rang was Conatus Pharmaceuticals Inc (NASDAQ: CNAT), which surged about 35 percent after hours. The stock has been on the rise for almost a month, but saw the largest gains in the past couple of sessions.

Wednesday’s surge was driven by the company’s announcement of positive top-line results from its “exploratory Phase 2 Portal Hypertension (PH) clinical trial of emricasan, a first-in-class, orally active pan-caspase inhibitor.”

Baytex Energy Corp (USA) (NYSE: BTE) seemed to be recuperating the ground lost during the day (12.79 percent) in after-hours trading. After the bell rang, the stock regained 14 percent and was trading above Wednesday’s opening price of $3.84.

A few stocks falling in Wednesday’s after-hours session include:

  • RealNetworks Inc (NASDAQ: RNWK), down about 7 percent
  • Cliffs Natural Resources, Inc. (NYSE: CLV), also down roughly 7 percent
  • Repligen Corporation (NASDAQ: RGEN), down more than 6.5 percent
  • Extreme Networks, Inc (NASDAQ: EXTR), down almost 6 percent
  • ChemoCentryx Inc (NASDAQ: CCXI), down almost 5 percent
  • Gigamon Inc (NYSE: GIMO), down more than 4.6 percent

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

Posted-In: Earnings News After-Hours Center Movers

 

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