Unusual After-Hours Hot Stocks on the Move
Feb 20th 2013 5:02PM
Updated Feb 21st 2013 7:20AM
We have many movers in the after-hours session this Wednesday afternoon. Most are on earnings, and some are way up with others way down. As always, you can find the 24/7 Wall St. daily closing bell here.
HomeAway, Inc. (NASDAQ: AWAY) managed to beat earnings expectations and nudge guidance higher on demand for its house rental services. After closing down 0.1% today, this one is up 5.9% at $27.26 in the after-hours.
Hovnanian Enterprises Inc. (NYSE: HOV) fell by 8% to $5.29 today and shares were up 3% earlier in the after-hours bounce bu shares are now up more than 1% at $5.32.
Kona Grill, Inc. (NASDAQ: KONA) was up, then down, depending upon the time stamp. Guidance seems soft but we'll wait until Thursday when things are more active before deciding a verdict here. This was up almost 4% at $9.61 on last look but we would treat this as unfinished business because the spread is so wide on this stock as it is thinly traded.
LifeLock, Inc. (NYSE: LOCK) reported earnings after the close. The subscription service for securing your identity already hit a post-IPO close of $10.50 today and now shares are up over 6.5% at $10.90 or so in the after-hours trading session.
Pegasystems Inc. (NASDAQ: PEGA) closed up 6% ahead of earnings today but the company offered a back-end loaded upside for 2013. Shares are now up 16% at $29.70 in the after-hours.
Synopsys, Inc. (NASDAQ: SNPS) is up almost 5% at $36.50 in fairly active trading after beating earnings and offering guidance that looks at or above estimates.
Tesla Motors, Inc. (NASDAQ: TSLA) is the most active of the downside movers after earnings (full report here) and the stock is down 3% at $37.73.
VeriFone Systems, Inc. (NYSE: PAY) is showing that its problems of yesteryear are not over. Along with earnings, there is a significant downside projection from the company for the next two quarters. This was down 3.5% at $31.89 and now the stock is down a brutal 32% at $21.72. VeriFone's new movie is called "The Good, The Bad, and the Fugly."
Filed under: 24/7 Wall St. Wire, Active Trader, Earnings Tagged: AWAY, HOV, KONA, LOCK, PAY, PEGA, SNPS, TSLA