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Last Update: 18-Oct-12 03:22 ET
Mellanox Tech tumbles after hours following earnings
After Hours Gainers:
Companies trading higher in after hours in reaction to earnings: ETH +5.3%, EXPO +2.9%, CYS +1.9%
Companies trading higher in after hours in reaction to news: GIVN +14.3% (announced it will explore strategic alternatives to maximize growth and shareholder value), BWEN +13.4% (won $37 mln in tower orders), WCC +10.2% (announced the acquisition of Canadian-headquartered EECOL Electric Corporation for ~CAD $1.14 bln, expected to be accretive to earnings by ~$1.00 in first full-year of operation), NVAX +5.8% (reported positive top-line result from Phase 1 trials of pandemic influenza vaccine)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: MLNX -21.6%, ALGN -19.8%, ALB -4.2%, SCSS -2.5%, SYK -2.3%, AXP -1.1%, EBAY -0.4%
Companies trading lower in after hours in reaction to news: ALGN -19.8% (Co and Straumann to terminate distribution agreements for iTero scanners), IMUC -12.9% (announced public offering of common stock and warrants, size not disclosed), CYTR -11.9% (announced public offering of common stock, size not disclosed), GORO -9.9% (lowered 2012 annual production outlook to 85-100k AuEq ounces from 100-120k)
Companies trading higher in after hours in reaction to earnings: ETH +5.3%, EXPO +2.9%, CYS +1.9%
Companies trading higher in after hours in reaction to news: GIVN +14.3% (announced it will explore strategic alternatives to maximize growth and shareholder value), BWEN +13.4% (won $37 mln in tower orders), WCC +10.2% (announced the acquisition of Canadian-headquartered EECOL Electric Corporation for ~CAD $1.14 bln, expected to be accretive to earnings by ~$1.00 in first full-year of operation), NVAX +5.8% (reported positive top-line result from Phase 1 trials of pandemic influenza vaccine)
After Hours Losers:
Companies trading lower in after hours in reaction to earnings: MLNX -21.6%, ALGN -19.8%, ALB -4.2%, SCSS -2.5%, SYK -2.3%, AXP -1.1%, EBAY -0.4%
Companies trading lower in after hours in reaction to news: ALGN -19.8% (Co and Straumann to terminate distribution agreements for iTero scanners), IMUC -12.9% (announced public offering of common stock and warrants, size not disclosed), CYTR -11.9% (announced public offering of common stock, size not disclosed), GORO -9.9% (lowered 2012 annual production outlook to 85-100k AuEq ounces from 100-120k)
