Investing
24/7 Wall St. After-Hours Stocks on the Move (ADBE, AVAV, AMSWA, AERL, JBL, NBG)
Published:
We have several companies on the move on news after the close on Tuesday evening. We are tracking moves in shares of the following: Adobe Systems Inc. (NASDAQ: ADBE); AeroVironment, Inc. (NASDAQ: AVAV); American Software, Inc. (NASDAQ: AMSWA); Asia Entertainment & Resources Ltd. (NASDAQ: AERL); Jabil Circuit, Inc. (NYSE: JBL); and National Bank of Greece SA (NYSE: NBG).
We have provided a quick hit on the news for each move and shown the reaction on each.
Adobe Systems Inc. (NASDAQ: ADBE) is simply giving back its gains today. Shares closed yesterday at $30.95 and closed up 3.4% at $32.01 today, but the stock is down over 3% and back at $31.00 after earnings. Earnings were ahead of plan as revenue rose 9% but this failed to create any move up. This one traded over 1 million shares in the after-hours session.
AeroVironment, Inc. (NASDAQ: AVAV) managed to beat expectations and guide higher for the year. Aerial unmanned small drones for surveillance must be good. Shares were up over 10% in the after-hours session at $31.60.
American Software, Inc. (NASDAQ: AMSWA) is not exactly the biggest household name but it is higher after earnings. Shares closed up 3% at $7.89 today and the after-hours session is up 4.5% at $8.25. Be advised, if this holds it is above the $7.98 high of the last 52-weeks.
Asia Entertainment & Resources Ltd. (NASDAQ: AERL) announced that it authorized a regular semi-annual cash dividend of $0.10 per ordinary share and approved a share buyback plan of up to 2,000,000 ordinary shares on the open market. SHares were up 2.9% today and the stock is up 12% at $6.30 in the after-hours.
Jabil Circuit, Inc. (NYSE: JBL) rose after announcing a share buyback plan of up to $200 million after beating earnings estimates. Shares were up 1.49% at $19.13 in the after-hours on more than 500,000 shares since the close.
National Bank of Greece SA (NYSE: NBG) was up 5.2% at $1.40 today and shares are up another 5% or so at $1.49 right around the time of the Greek socialist governmental party won a vote of confidence…. After the effect and after the event, we show that the ADR of National Bank of Greece is actually in the red with a drop at -1.3% at $1.38 on last look.
JON C. OGG
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
