29.10.2013 23:43:57

After-market Movers For Oct 29 (LNKD, TTWO, DWA, EA, BIDU, BWLD, YELP, RBCN)

(RTTNews) - Gainers:

Take-Two Interactive Software Inc. (TTWO) gained 2 percent to $18.30. The company's second quarter net loss widened from the previous year period, while its adjusted earnings topped Wall Street view. Non-GAAP net revenue beat the consensus estimate. The company said its non-GAAP results were driven by the unprecedented success of Rockstar Games' Grand Theft Auto V. The company expects its third quarter adjusted earnings per share in line with Street view and revenue above analysts' expectation. The company also raised its fiscal year 2014 guidance, above Street view.

DreamWorks Animation SKG Inc. (DWA) gained 8 percent to $30.01. The company's third quarter earnings and revenue declined from the year-ago quarter, but were above Street view.

Electronic Arts Inc. (EA) was up 3 percent to $24.90. The company's second quarter net loss narrowed from the last year quarter. Adjusted earnings and revenues were above analysts' prediction. The company guided third quarter results below Street view. At the same time, the company raised its fiscal 2014 adjusted earnings per share guidance, above market view.

Baidu, Inc. (BIDU) rose 5 percent to $168.25. The company's third quarter earnings and revenues were higher than in the same period a year earlier. The company forecast fourth quarter revenue to improve in the range of 45.5 percent to 49.6 percent.

Buffalo Wild Wings Inc. (BWLD) gained 10 percent to $143.00 after its third quarter results beat analysts' expectations.

Decliners:

LinkedIn Corp. (LNKD) fell 3 percent to $238.50. The company's third quarter net loss widened from the previous year period, while its adjusted earnings per share topped Wall Street view. Revenue for the quarter rose 56 percent and came in above the consensus estimate. At the same time, the company forecast fourth quarter revenue below market view.

Yelp, Inc. (YELP) fell 10 percent to $61.50. The company's third quarter loss widened from the last year period. Net revenue rose 68 percent and surpassed the consensus estimate. The company expects fourth quarter revenue above Street view and also raised its full-year revenue forecast. Yelp also announced that it is commencing an underwritten registered public offering of $250 million of Class A shares.

Rubicon Technology, Inc. (RBCN) was down 4 percent to $8.66. The company slipped to a loss in its third quarter. Revenue declined from the prior year period, but managed to come in above the consensus estimate. The company expects to report a loss in its fourth quarter and noted that its wafer revenue will be lower in the fourth quarter, offsetting most of the sequential price and volume increases for two and four-inch core.

Questcor Pharmaceuticals, Inc. (QCOR) declined nearly 10 percent to $62.90. The company's third quarter results topped Wall Street view. The company reportedly disclosed that it is probed by the U.S.

IAC/InterActiveCorp (IACI) declined 12 percent to $50.99 as its third quarter revenue missed Wall Street view. The company's third quarter profit improved from the prior year period.

Shutterfly, Inc. (SFLY) fell 10 percent to $47.00. The company's third quarter net loss narrowed from the last year quarter. Net revenues improved 25 percent and came in above the consensus estimate. Meanwhile, the company guided fourth quarter results below analysts' estimate.

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Aktien in diesem Artikel

Baidu.com Inc. 79,70 1,14% Baidu.com Inc.
Electronic Arts Inc. 156,34 -0,12% Electronic Arts Inc.
Take Two 178,24 -0,83% Take Two
Yelp Inc. 35,20 -0,56% Yelp Inc.