Market Overview

Momo, Take-Two, Urban Outfitters Lead Monday's After-Hours Movers

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Momo Inc (ADR) (NASDAQ: MOMO) shot up 25 percent in after-hours trading Monday to $16.08. The Beijing-based social networking platform provider swung to a first-quarter profit and said revenues increased by nearly four times to $26.3 million.

Take-Two Interactive Software, Inc. (NASDAQ: TTWO) gained 7 percent to $25.98. The company said its fiscal fourth-quarter revenue grew grew 54 percent to $300.1 million.

Lakeland Industries, Inc. (NASDAQ: LAKE) picked up nearly 4 percent, trading at $10.86 in the late session after the maker of protective clothing swung to a quarterly profit on revenue growth of 19 percent to $26.5 million.

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Comstock Resources Inc (NYSE: CRK) rose 2.7 percent to $4.16 after hours. The Frisco, Texas-based oil and gas company didn't issue news. Swift Energy Company (NYSE: SFY), Spectra Energy Corp. (NYSE: SE) and Pengrowth Energy Corp (NYSE: PGH) showed similar after-hours movements.

Urban Outfitters, Inc. (NASDAQ: URBN) plunged 16 percent to $34.20 in Monday's after-hours session after first-quarter results disappointed Wall Street.

Roundy's Inc (NYSE: RNDY) declined more than 8 percent to $40.6 a share after the company announced a secondary offering of more than 4 million shares.

Achillion Pharmaceuticals, Inc. (NASDAQ: ACHN) gave back some of its earlier gains, falling more than 4 percent in the extended session to $10.55. The shares closed up more than 15 percent on an acquisition rumor.

Agilent Technologies Inc (NYSE: A) fell nearly 4 percent to $41 a share after the company's quarterly results failed to meet expectations.

Posted-In: after hours after hours moversNews After-Hours Center Movers

 

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