Post-Market NASDAQ Losers (ADBE, SALM, WBSN, ROIC, SPPI, OTTR, ARGN, TIVO, ADSK, CRUS)
The top after-market NASDAQ losers Monday were: Adobe Systems, Salem Communications, Websense, Retail Opportunity Investments, Spectrum Pharmaceuticals, Otter Tail Corp, Amerigon Inc, TiVo, Autodesk and Cirrus Logic.
Adobe Systems Inc. (ADBE) stock plunged 4.52 percent to $32.95 in aftermarket trading session. The company reported first quarter net profit of $185.2 million or $0.37 per share, down from $234.6 million or $0.46 per share in the same period a year-ago. Revenue rose to $1.05 billion from $1.03 billion in the same period last year and against analysts’ estimation of $1.05 billion.
Salem Communications Corp. (SALM) stock plunged 4.33 percent to $ 4.20 in post market session. The stock has a 52-week low of $2.12, a 52-week high of $4.50 and $106.59 million in market capitalization. Websense, Inc. (WBSN) stock plunged 3.57 percent to $19.99 in aftermarket trading.
Retail Opportunity Investments Corp. (ROIC) stock declined 3.4 percent to $11.65 in aftermarket trading session. The stock has a 52-week low of $10.21, a 52-week high of $12.18 and $598.92 million in market capitalization.
Spectrum Pharmaceuticals, Inc. (SPPI) stock fell 3.32 percent to $12.81 in post market session. The company stock advanced 1.53 percent in regular trading.
Otter Tail Corp. (OTTR) stock fell 3.02 percent to $21.19 in post market trading.
Amerigon Inc. (ARGN) stock declined 2.82 percent to $15.50 in aftermarket session. The company announced that it plans to offer shares of its common stock, no par value, in an underwritten public offering.
TiVo Inc. (TIVO) stock fell 2.22 percent to $11.43 in aftermarket trading. The stock has a 52-week low of $7.06, a 52-week high of $12.65 and $1.42 billion in market capitalization.
Autodesk, Inc. (ADSK) stock declined 1.93 percent to $40.60 in post market trading. Analysts at Brigantine initiated coverage on shares of Autodesk with a “buy” rating.
Cirrus Logic, Inc. (CRUS) stock fell 1.73 percent to $23.92 in post market trading. The stock has a 52-week low of $12.52, a 52-week high of $24.72 and $1.56 billion in market capitalization.
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