Nasdaq
Commuters pass by the NASDAQ Market site in New York, May 21, 2012. REUTERS

The top after-market Nasdaq gainers Wednesday were SciClone Pharmaceuticals Inc, Infinera Corporation, Sanmina-SCI Corporation, Achillion Pharmaceuticals Inc and Glu Mobile.

The top after-market Nasdaq losers were Ericsson, NXP Semiconductors N.V., NetSpend Holdings Inc, KIT digital Inc and Air Methods Corporation.

Gainers

SciClone Pharmaceuticals Inc (SCLN) shares climbed 4.25 percent to $4.95 in post-market trading. The company shares surged 5.28 percent in regular trading Wednesday.

Infinera Corporation (INFN) shares surged 2.76 percent to $5.95 in post-market trading. The company shares have a 52-week trading range of $5.29 - $8.97and a market capitalization of 642.66 million.

Sanmina-SCI Corporation (SANM) shares advanced 1.64 percent to $9.30 in post-market trading. The company shares have a 52-week trading range of $ 6.01 - $12.55 and a market capitalization of 746.41 million.

Achillion Pharmaceuticals Inc (ACHN) shares rose 1.75 percent to $8.15 in post-market trading. Piper Jaffray reiterated their "overweight" rating on shares of Achillion Pharmaceuticals in a research note issued to investors Wednesday. The firm currently has a $16.00 target price on the stock.

Glu Mobile Inc (GLUU) shares gained 1.43 percent to $4.98 in post-market trading. B. Riley initiated coverage on shares of Glu Mobile Inc. They issued a buy rating on the stock and set a $6.50 price target.

Losers

Ericsson (ERIC) shares plunged 7.03 percent to $8.73 in post-market trading. The company shares gained 1.84 percent in regular trading Wednesday, after the news that Azteca Comunicaciones of Colombia selected Ericsson as its partner for Colombia's national broadband initiative.

NXP Semiconductors N.V (NXPI) shares plunged 3.20 percent to $24.21 in post-market trading. The shares gained 1.38 percent in regular trading and have 52-week trading range of $13.06 - $27.44.

NetSpend Holdings Inc (NTSP) shares declined 3.09 percent to $9.09 in post-market trading. The company stock gained 2.51 percent in regular trading.

KIT digital Inc (KITD) shares fell 2.91 percent to $3.00 in post-market trading.

Air Methods Corporation (AIRM) shares declined 2.01 percent to $113.65 in post-market trading. The company shares gained nearly 2.65 percent in regular trading.

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