Market Overview

5 Stocks Moving In Thursday's After-Hours Session

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U.S. stocks continued to tumble on Thursday trading. Healthcare and consumer names were the primary culprits of the slip in the main indexes.

Synaptics, Incorporated (NASDAQ: SYNA) was down more than 5 percent after-hours, following the announcement it would be late in its 10-K filing. However, management said it expects to file within a week.

Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) lost more than 2.3 percent. EPS of $1.43 and revenue of $1.07 billion (up 22 percent year-over-year) beat estimates by $0.03 and $10 million, respectively. However, weak guidance weighed on the stock.

GameStop Corp. (NYSE: GME) plummeted 7 percent, after Q2 results failed to impress investors. While EPS of $0.27 were in-line with the Street’s consensus, revenue of $1.63 billion fell $90 million short of expectations. In addition, management said same-store sales declined by 11 percent over the quarter, with new video game hardware sales down to 33 percent.

Other stocks moving on their earnings reports were:

  • Splunk Inc (NASDAQ: SPLK), down more than 6 percent, even though top and bottom line results beat expectations.
  • Autodesk, Inc. (NASDAQ: ADSK), up more than 2 percent on a large EPS and revenue beat and strong guidance.

Posted-In: Earnings News Guidance After-Hours Center Movers

 

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