Market Overview

Tetralogic, Freeport-McMoRan, Melco Crown Lead Tuesday's After-Hours Movers


Tetralogic Pharmaceuticals Corp (NASDAQ: TLOG) rose 23 percent to $2.88 in late trading Tuesday. The company issued preliminary data after the bell from a Phase 2A study of its treatment for a group of cancers called myelodysplastic syndromes.

AeroVironment, Inc. (NASDAQ: AVAV) rose about 5.6 percent to $27.50 following the bell Tuesday. The provider of unmanned aircraft systems posted quarterly results.

Towers Watson & Co (NASDAQ: TW) bounced up more than 5 percent after hours Tuesday to $132.49. The company closed earlier down 8.8 percent after announcing a merger that values Towers Watson at the equivalent of $125 a share.

Freeport-McMoRan Inc (NYSE: FCX) rose more than 3 percent to $19.23 in the extended session. The company closed down nearly 4 percent earlier Tuesday.

Kate Spade & Co (NYSE: KATE) traded up 2.5 percent after hours to $22.08. The retail apparel company closed down earlier and shares were off nearly 14 percent in the past five trading days.

Outfront Media Inc (NYSE: OUT) bounced up about 2 percent to $25.79 in late trading. The billboard company fell about 2 percent before the bell.

Xerox Corp (NYSE: XRX) gained nearly 2 percent to $10.84 in the extended session. The Norwalk, Connecticut-based company completed the previously announced sale of its IT outsourcing business.

Melco Crown Entertainment Ltd (NASDAQ: MPEL) fell nearly 3 percent after the bell to $19.07. The company closed up earlier by about 9 percent. Casino stocks rose Tuesday on news that China will ease rules on local tourists visiting Macau.

Assured Guaranty Ltd. (NYSE: AGO) declined nearly 8 percent to $22.10 in late trading Tuesday. The company, which provides credit protection to public finance markets, has been pressured by the Puerto Rican debt crisis.

Inovalon Holdings Inc (NASDAQ: INOV) gave back nearly 2 percent, trading at $27.37 after the bell. The data analytics company closed up earlier by about 2.6 percent and didn't issue news Tuesday.

Posted-In: News After-Hours Center Movers


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