Hot After Hours Stock Movers on February 1st
This story from Wall Street Cheat Sheet
US Markets were up huge today, discounting the news from Egypt. Here are some of the after-hours movers:
1) Electronic Arts Inc. (NASDAQ:ERTS): Shares are up $1.54, or 9.86%, to $17.16 after reporting a Q3 loss that increased on lower margins and restructuring charges. Looks like investors discounted this news as shares are trading up big.
2) Broadcom Corp. (NASDAQ:BRCM): Shares are down 6.45% or $2.99 after reporting Q4 earnings that disappointed. Earnings grew over 4 times from the previous year and easily surpassed analyst expectations.
3) C.H. Robinson Worldwide Inc. (NASDAQ:CHRW): Shares are flat after-hours at $78.20 after Q4 earnings rose 18% on increased revenue across every group. Not enough to impress investors.
4) Key Tronic Corp. (NASDAQ:KTCC): Shares are down 20.70% or $1.22 after reporting fiscal Q2 that rose 36% from the previous year but revised their fiscal Q3 guidance downward.
5) AFLAC Inc. (NYSE:AFL): Shares are down $0.43 or 0.73% after announcing that Q4 earnings increased 74% on higher revenue.
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