Investing
Top After-Hours Movers, Earnings & More (BMC, HNSN, IO, SLV, JDSU, KLIC, MELI, NWSA, SMSI)
Published:
We are seeing several key movers in the after-hours session, some based on earnings and some based upon other events. Those on the move are BMC Software Inc. (NYSE: BMC), Hansen Medical, Inc. (NASDAQ: HNSN), ION Geophysical Corporation (NYSE: IO), iShares Silver Trust (NYSE: SLV), JDS Uniphase Corporation (NASDAQ: JDSU), Kulicke & Soffa Industries Inc. (NASDAQ: KLIC), Mercadolibre, Inc. (NASDAQ: MELI), News Corporation (NASDAQ: NWSA), and Smith Micro Software Inc. (NASDAQ: SMSI).
We have added a news synopsis and the move on each and added color where applicable.
BMC Software Inc. (NYSE: BMC) beat earnings estimates and sees a strong 2012. Its shares closed down 1.1% but the stock is up 5.25% at $51.65 on more than 50,000 after-hours shares.
Hansen Medical, Inc. (NASDAQ: HNSN) reported record growth in catheter sales and a record number of procedures. This one closed up 0.6% at $3.06 and the stock is up almost 6% at $3.24 on only about 30,000 after-hours shares.
ION Geophysical Corporation (NYSE: IO) closed down 4.7% today ahead of earnings and shares are down again after the earnings report turned in a 2% revenue gain. The company did note that Libya created a large sale going on indefinite hold. The company’s shares are down some 11% at $9.50 in the after-hours session.
iShares Silver Trust (NYSE: SLV) had a rough day with silver taking the stock down 5.7% to $38.28 today. In the after-hours we have seen over 800,000 shares and the stock is up 0.3% at $38.38. This might not mean much, but the consideration is that this lost about $10 since Friday.
JDS Uniphase Corporation (NASDAQ: JDSU) is soaring after it beat expectations. The stock closed down 1.3% but it is up 9.45% at $21.89 on more than 2 million after-hours shares.
Kulicke & Soffa Industries Inc. (NASDAQ: KLIC) may be a clean-up trade or may be a thought that not all companies in chip cap-ex will get acquired after the Applied-Varian merger. Shares were down 4.2% at $10.20 on 145,000 after-hours shares. Again, it is possible these were just clean-up trades from earlier.
Mercadolibre, Inc. (NASDAQ: MELI) shares closed down 1.1% at $85.77, but the company reported along with earnings that it was entering a “CFO transition” and that has shares lower by 5.7% to $80.88 on almost 100,000 shares in the after-hours.
News Corporation (NASDAQ: NWSA) turned in earnings that were both lower and lower than expected. Shares closed down 1% at $17.34 today and the stock is down another 3.1% at $16.80 on more than 250,000 after-hours shares.
Smith Micro Software Inc. (NASDAQ: SMSI) shares closed down almost 3% ahead of earnings. Those were in-line with expectations but those expectations had been cut. Shares were down another 10% at $6.50 on more than 11,000 shares.
JON C. OGG
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.