BlackBerry, Monro Muffler, Valeant In Thursday's After-Hours Movers
Monro Muffler Brake Inc. (NASDAQ: MNRO) recouped some of its earlier losses, rising 6 percent after the bell to $62.74. The retail auto repair company closed down nearly 6 percent earlier after missing quarterly expectations.
Valeant Pharmaceuticals International Inc. (NYSE: VRX) picked up 5 percent in the late session, trading at $245 a share. The company, which closed up 4.8 percent, is in talks to acquire the Egyptian drugmaker Amoun Pharmaceutical Co., according to a report Wednesday by Bloomberg.
McDermott International (NYSE: MDR) gained 5.4 percent to $5.04 in the extended session. The oil and gas engineering and construction company closed up 3 percent as oil prices rose slightly Thursday.
AVEO Pharmaceuticals Inc. (NASDAQ: AVEO) extended its earlier gains during Thursday's after-hours session, ticking up more than 5 percent to $2.35 a share. The oncology company, which closed up 39 percent, disclosed results on Wednesday of a study and favorable comments by regulators concerning its proposed treatment for renal cancer.
BlackBerry Ltd. (NASDAQ: BBRY) rose about 2 percent after the bell to $10.45. BlackBerry said it will buy back and cancel 2.6 percent of its public float.
Aeropostale Inc. (NYSE: ARO) flew down 18 percent to $2.12 a share after the bell, when the retailer posted a first-quarter same-store sales decline of 11 percent and predicted a second-quarter loss of between $0.52 cents and $0.60 cents a share.
Otonomy Inc. (NASDAQ: OTIC) declined more than 17 percent to $25.21 in late trading Thursday. The drug company said its vertigo treatment failed a mid-stage trial.
Brocade Communications Systems Inc. (NASDAQ: BRCD) dropped nearly 3 percent to $11.80 after the bell when the company posted revenue below expectations.
Marvell Technology Group Ltd. (NASDAQ: MRVL) dipped about 2.6 percent to $14. The company missed quarterly revenue expectations and said its chief financial officer will retire effective Friday.
Sprouts Farmers Market Inc. (NASDAQ: SFM) ticked down 1.3 percent to about $29.90. The food retailer hasn't issued recent news.
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