Market Overview

Wednesday's After-Hours Movers: Shake Shack, Box And Others Fall Following Earnings

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Zoe's Kitchen Inc (NYSE: ZOES) gained nearly 4 percent in the after-hours session to $34 after it posted fourth-quarter earnings.

Men's Wearhouse Inc (NYSE: MW) picked up more than 5 percent to $50 amid the company's fourth-quarter earnings.

Braskem SA (NYSE: BAK) gained 3 percent to $7.26. Depositary receipts of the Brazillian petrocmeicals company closed down sharply on reports linking it to an ongoing corruption case concerning Petroleo Brasileiro Petrobras SA (NYSE: PBR).

Amarin Corp plc (NASDAQ: AMRN) rose about 3 percent to $2.01, although the company didn't issue news. Ireland-based Amarin closed up about 4 percent and agreed last week to a $52 million private placement of restricted shares.

Acadia Pharmaceuticals Inc. (NASDAQ: ACAD) sank more than 22 percent to $34.63, after the company delayed filing its new drug application for Nuplazid treatment for psychosis related to Parkinson's disease.

Box Inc (NYSE: BOX) plunged more than 16 percent to $17.15 after the cloud storage company posted a wider-than-expected operating loss for its fourth quarter.

Petroquest Energy Inc (NYSE: PQ) dropped more than 11 percent to $22.22, after the oil and gas company said it will seek to raise capital through a public offering of 10 million shares.

Shake Shack Inc (NYSE: SHAK) shook off 6 percent to $43.92 after posting its first quarterly report following its initial public offering.

Krispy Kreme Doughnuts (NYSE: KKD) also dunked 6 percent to $19.10 after the company missed fourth-quarter expectations.

Baytex Energy Corp. (NYSE: BTE) dropped 4 percent to $13.71 after it said it agreed to sell 28.8 million shares at $17.35 in a bought deal offering.

 

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Posted-In: News After-Hours Center Movers