Big After-Hours Stocks On The Move (AEO, DNDN, FIO, HNSN, MELI, NTRI, QCOM, RLD, VVTV, WFM)

Investing

Published: November 2, 2011 5:12 pm

There are many movers and shakers in the after-hours session. We have provided a news summary and the after-hours moves for the following: American Eagle Outfitters, Inc. (NYSE: AEO); Dendreon Corporation (NASDAQ: DNDN); Fusion-io, Inc. (NYSE: FIO); Hansen Medical, Inc. (NASDAQ: HNSN); MercadoLibre, Inc. (NASDAQ: MELI); NutriSystem Inc. (NASDAQ: NTRI); QUALCOMM Incorporated (NASDAQ: QCOM); RealD INc. (NYSE: RLD); ValueVision Media, Inc. (NASDAQ: VVTV); and Whole Foods Market, Inc. (NASDAQ: WFM).

American Eagle Outfitters, Inc. (NYSE: AEO) lives and dies by guidance around same-store sales. Shares are surging on a report of third quarter sales rising 11% and the stock is up 6.5% at $14.15 in the after-hours session.

Dendreon Corporation (NASDAQ: DNDN) has changed its name to better reflect its stock ticker: “Do Not Do Not!”… shares closed down 1.7% at $10.46 but Provenge sales were only $66 million. Shares are down over 11.5% from the close at $9.25 in active trading.

Fusion-io, Inc. (NYSE: FIO) was up 6% already and the recent IPO beat estimates. Shares are up a sharp 12.6% more at $36.05 on more than 100,000 shares in the after-hours session.

Hansen Medical, Inc. (NASDAQ: HNSN) was up ahead of earnings on the same hope of Intuitive Surgical. It didn’t happen… Third quarter total revenue was $5.4 million, up 53% year over year and 1% sequentially. Shares are down 17.2% to $2.60 in the after-hours.

MercadoLibre, Inc. (NASDAQ: MELI) is surging after closing up more than 1%. It reported that Q3 gross merchandise volume rose 51.8% to $1.3 billion, items sold rose 38.1% to 14.4 million; and revenue rose 45.9% to $81.6 million. This ADR is up 17% at $74.17 in active trading after the close.

NutriSystem Inc. (NASDAQ: NTRI) reported that revenues were $85.6 million versus $121.2 million a year ago. Shares are down almost 16% at $10.10 on well over 100,000 shares in the after-hours.

QUALCOMM Incorporated (NASDAQ: QCOM) rose 4% to $52.18 ahead of earnings and beating earnings and bringing guidance is worth a gain of another 9.1% to $56.99 on highly active trading.

RealD Inc. (NYSE: RLD) showed a 35% revenue gain and was said to beat estimates but something awful must have been said in its conference call. Shares closed up 9.5% at $11.26 but the stock is now down 13.3% at $9.76 in the after-hours.

ValueVision Media, Inc. (NASDAQ: VVTV) reported Q3 estimates of sales growth of 2% to $135 million and an adjusted EBITDA loss of $0.5M to$0.7M; Shares closed up 7% at $3.27 but the stock is down almost 15% from the close at $2.79 on more than 27,000 shares.

Whole Foods Market, Inc. (NASDAQ: WFM) was up ahead of earnings, but the company missed revenues. Raising the dividend and a 31% income pop just aren’t enough for a high-valued luxury grocery store. Shares are down 5% at $67.50 in active trading in the evening session. $ 66.22 4.34 6.15% 582,256

JON C. OGG

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