Market Overview

SINA, AeroVironment, Golar LNG Among Wednesday's After-Hours Movers

Share:
Related SINA
Earnings Scheduled For February 22, 2017
Does Alibaba's Stellar Quarter Bode Well For Other Chinese Internet Stocks?
Weibo -2% despite above-consensus Q4 2016, revenue outlook (Seeking Alpha)
Related AVAV
18 Biggest Mid-Day Losers For Wednesday
20 Stocks Moving In Wednesday's Pre-Market Session

Below is a list of key movers after the closing bell on Wednesday.

AeroVironment, Inc. (NASDAQ: AVAV) climbed 11.43 percent over the day, and an extra 2.98 percent after-hours to $29.06. The company beat expectations for its fourth quarter financial results.

Although it delivered an 11 percent year-over-year decline in earnings to $0.31 per share, it still surpassed the Street’s consensus of $0.18 per share by a wide margin. In addition, revenue climbed 17.6 percent year-over-year, from $73.5 million to $86.5 million.

SINA Corp (NASDAQ: SINA) rose 2.82 percent to $53.30 on late Wednesday, after falling 3.22 percent over the trading day. According to Chinese media outlets, no particular Thursday-morning developments seem to be driving the surge. 

Golar LNG Limited (USA) (NASDAQ: GLNG) also seems to be recuperating from Wednesday’s 1.67 percent tumble.

After the bell, the stock rose 2.3 percent to $47.07. The company recently announced a new 50/50 joint venture with Stolt-Nielsen Limited (OTC: SOIEF), aimed at pursuing opportunities in small-scale LNG production and distribution.

magicJack VocalTec Ltd (NASDAQ: CALL) also rose by 1.9 percent after the bell. The stock is recuperating some of the ground lost during the day, over which it fell 4.31 percent.

Same as Monday, Flamel Technologies S.A. (ADR) (NASDAQ: FLML) is also a mover; the French biotech company dropped 1.6 percent on Wednesday trading following the reveal of a Hold rating at Zacks.

Posted-In: ZacksNews After-Hours Center Movers

 

Related Articles (AVAV + CALL)

View Comments and Join the Discussion!