Top After-Hours Stock Movers (AMD, BSX, GOOG, LGF, NPSP, YHOO)

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By Jon C. Ogg Updated Published
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There will start to become an obvious here in our after-hours movers… Earnings reports.  That is not the entire case tonight, although earnings are impacting shares.  Tonight’s after-hours move include Advanced Micro Devices Inc. (NYSE: AMD), Boston Scientific Corporation (NYSE: BSX), Google Inc. (NASDAQ: GOOG), Lions Gate Entertainment Corp. (NYSE: LGF), NPS Pharmaceuticals, Inc. (NASDAQ: NPSP), and Yahoo! Inc. (NASDAQ: YHOO).

Advanced Micro Devices Inc. (NYSE: AMD) returned to profitability in the first quarter, although this may be from an accounting boost after it went to a Fab-Lite model last year, with earnings at $0.35 EPS or $257 million; excluding gains AMD said it earned $0.09 in non-GAAP EPS versus an expected loss.  Shares closed up 2.7% at $10.16 after hitting new 52-week highs today and shares are up almost 1.2% at $10.27 in the after-hours session.

Boston Scientific Corporation (NYSE: BSX) is running up after it announced after the close that it will immediately resume distribution of COGNIS(R) CRT-Ds and TELIGEN(R) ICDs in the U.S… Shares are up 5% at $7.50 in the evening and it looks as though we have seen over 7 million shares trade hands since the closing bell today.

Google Inc. (NASDAQ: GOOG) had a good quarter, but frankly there may not be enough punch in those horns.  Shares closed up 1.07% at $595.30; the after-hours session as of 4:58 PM EST we have shares down even worse than after the initial $575 with the new level of $566 on 1.6 million shares that have traded after the closing bell.

Lions Gate Entertainment Corp. (NYSE: LGF) is running up in after-hours trading after Carl Icahn hiked his hostile tender to $7.00 per share.  Shares are trading up 8.5% at $6.91 after a $6.37 close and we have seen 315,000 shares traded after the closing bell.

NPS Pharmaceuticals, Inc. (NASDAQ: NPSP) is taking a facial hit after announcing that it intends to offer 7,500,000 shares of stock in an offering underwritten by Canaccord Adams.  Shares are down 7.5% at $5.75, but that is only on about 32,000 shares.

Yahoo! Inc. (NASDAQ: YHOO) is down, and that is directly as a result of Guess-Who… Google…. and shares are down 1.9% at $18.60 on almost 800,000 shares since the market closed.

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JON C. OGG

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About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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