Shares of Foundation Medicine Inc FMI, which fell 5.77 percent Tuesday, rose more than 2.7 percent after hours, after the company announced the launch of the Precision Medicine Exchange Consortium (PMEC), a medicine partner program aimed at advancing precision medicine in oncology and molecular pathology.
ConforMIS Inc CFMS, a small-cap medical technology company, continued to fall. After losing 0.85 percent during the day, the stock fell almost 2 percent after the bell rang. The decline seems to have been triggered by no particular news, but a continuation of the 27.2 percent plummet seen since the company’s IPO.
Last Friday, Gainey McKenna & Egleston filed a class action lawsuit against the company. The firm assured that the company and certain of its officers and directors have violated the federal securities laws.
Also falling in after-hours trading is Tahoe Resources Inc TAHO, down almost 2.5 percent after having gained 2.55 percent during the regular session.
United Natural Foods, Inc. UNFI, which rose 1.56 percent during the day, continued to rise after the market closed. The company reported earnings of $0.72 per share on revenue of $2.061 billion, in line with the Street’s and the crowd’s consensus estimates. In addition, the small-cap company announced that Chief Financial Officer Mark Shamber will be replaced by Michael Zechmeister as of mid-October.
Other stocks moving in after-hours include:
- Credit Suisse AG - VelocityShares Daily 2x VIX Short Term ETN TVIX, down almost 3 percent
- Novavax, Inc. NVAX, up almost 5 percent
- Matador Resources Co MTDR, up more than 5 percent
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