3 Stocks Registering Double-Digit Moves After Hours

Shares of Diamond Resorts International Inc DRII were trading up more than 20 percent in Wednesday's after-hours session, after the company announced record fourth quarter 2015 financial results. The small-cap hospitality and vacation firm reported its 10th consecutive record quarter. For the full year, figures also beat previous records, with revenue up 13 percent, adjusted EBITDA up 17 percent to $374.1 million, and net income of $149.5 million. For the fourth quarter, revenue rose 17.8 percent to $273.6 million, well above the Street’s consensus of $252 million.

Management also announced that it has put together a Committee of Independent Directors focused on exploring strategic alternatives to maximize shareholder value.

On the other hand, shares of Restoration Hardware Holdings Inc RH were trading down more than 16 percent after the bell rang, after the company’s Chairman and Chief Executive Officer Gary Friedman shared a business update and preliminary results for the fourth quarter and fiscal 2015. The executive noted that, while orders rose, shipping delays from certain vendors impacted on results. In addition, Friedman cited “underperformance in markets affected by energy, oil, or currency fluctuations” and a not-so-successful promotional activity.

Finally, the largest mover in the Nasdaq exchange was Relypsa Inc RLYP, down roughly 12 percent since the market closed. The small-cap biopharmaceutical posted a net loss of $(1.40) per share, worse than the expected $(1.35) per share. It should be noted, however, that revenue of $11.9 million beat estimates of $7.3 million.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.