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Lifelock, Yelp Surge Following Earnings Report; B-Dubs, GoPro Crash

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Investors and traders drove shares of Amgen, Inc. (NASDAQ: AMGN) higher by nearly 1.5 percent at $165.07 after the company reported that it earned $2.72 per share in the third quarter on revenue of $5.72 billion. This was a top and bottom line beat as analysts were looking for $2.37 per share and $5.32 billion.

Yelp Inc (NYSE: YELP) shares soared higher by more than 14 percent at $22.10 after the company reported an adjusted earnings per shares of $0.03 (GAAP loss of $0.11) on revenue of $143.6 million. Analysts were looking for a loss of $0.09 on revenue of $141 million. Investors were also encouraged by the company's fourth quarter and full year guidance.

PayPal Holdings Inc (NASDAQ: PYPL) reported a sold third quarter as the company earned $0.31 per share on revenue of $2.3 billion. Analysts were looking for $0.29 per share on revenue of $2.27. The stock was trading higher by more than 2 percent at $37.36.

Shares of Lifelock Inc (NYSE: LOCK) were the clear winner Wednesday afternoon. The stock soared higher by more than 40 percent to $13.92 after the company earned $0.28 per share on revenue of $152 million. Analysts were looking for an earnings per share of $0.25 on revenue of $147.36 million. The company's guidance was also cheered by investors.

B-Dubs, GoPro Lead Decliners

Investors and traders lost their appetite for shares of Buffalo Wild Wings (NASDAQ: BWLD). The stock gained 1.21 percent to close the regular session at $184.40 but were seen lower by more than 12 percent at $161. The company announced that it earned $1.00 per share on revenue of $455.5 million – short of the $1.29 per share and $465 million analysts were looking for.

Shares of GoPro Inc (NASDAQ: GPRO) surged higher by 7 percent during the regular session but quickly gave up all of the gains, and then some. The company earned $0.25 per share in the third quarter on revenue of $400 million – short of the $0.29 per share and $433.6 million analysts were looking for. Shares plunged more than 14 percent and were seen trading at $25.86, which would mark a new 52-week low for the stock.

Posted-In: Earnings News After-Hours Center Movers

 

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