7 Stocks Moving In Tuesday's After-Hours Session
Shares of Foundation Medicine Inc (NASDAQ: FMI), which fell 5.77 percent Tuesday, rose more than 2.7 percent after hours, after the company announced the launch of the Precision Medicine Exchange Consortium (PMEC), a medicine partner program aimed at advancing precision medicine in oncology and molecular pathology.
ConforMIS Inc (NASDAQ: CFMS), a small-cap medical technology company, continued to fall. After losing 0.85 percent during the day, the stock fell almost 2 percent after the bell rang. The decline seems to have been triggered by no particular news, but a continuation of the 27.2 percent plummet seen since the company’s IPO.
Last Friday, Gainey McKenna & Egleston filed a class action lawsuit against the company. The firm assured that the company and certain of its officers and directors have violated the federal securities laws.
Also falling in after-hours trading is Tahoe Resources Inc (NYSE: TAHO), down almost 2.5 percent after having gained 2.55 percent during the regular session.
United Natural Foods, Inc. (NASDAQ: UNFI), which rose 1.56 percent during the day, continued to rise after the market closed. The company reported earnings of $0.72 per share on revenue of $2.061 billion, in line with the Street’s and the crowd’s consensus estimates. In addition, the small-cap company announced that Chief Financial Officer Mark Shamber will be replaced by Michael Zechmeister as of mid-October.
Other stocks moving in after-hours include:
Credit Suisse AG - VelocityShares Daily 2x VIX Short Term ETN (NASDAQ: TVIX), down almost 3 percent
Novavax, Inc. (NASDAQ: NVAX), up almost 5 percent
Matador Resources Co (NYSE: MTDR), up more than 5 percent
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