The top after-market NASDAQ stock market gainers on Wednesday are: Tasty Baking, Glu Mobile, Resources Connection, SodaStream and ClickSoftware. The top after-market NASDAQ stock market losers on Wednesday are Mindspeed Technologies, Quidel Corp, A. Schulman, Zumiez and Sonic Corp.
Tasty Baking Co (NASDAQ:TSTY) shares advanced 4.2 percent to $4.22 in post market trading session. The company shares plunged 37.01 percent in regular trading session on cash crunch concerns.
Glu Mobile Inc. (NASDAQ:GLUU) shares gained 4.10 percent to $2.79 in aftermarket trading session after surging 20.73 percent in the regular session. The company announced at CES a strategic partnership with NVIDIA Corp. (NVDA). This partnership highlights Glu's leadership in delivering unparalleled gaming experiences to Android-powered tablets and mobile devices.
Resources Connection, Inc. (NASDAQ:RECN) shares advanced 4.06 percent to $19.72 in aftermarket trading session after reporting better-than expected second quarter profit and revenue. Profit was $17.5 million or 38 cents a share, compared to loss of $1.9 million or 4 cents a share last year.
SodaStream International Ltd. (NASDAQ:SODA) shares advanced 3.40 percent to $27.98 in aftermarket trading session. The stock has a 52 week low of $23.15 and 52 week high of $43.88 and has 17.67M outstanding shares.
ClickSoftware Technologies Ltd. (NASDAQ:CKSW) shares advanced 3.36 percent to $8.31 in afterhours trading session.
Mindspeed Technologies, Inc. (NASDAQ:MSPD) shares declined 8.31 percent to $5.96 in the after-hours trading, following its cut to first quarter revenue guidance that came in below analysts’ forecast. The company cited a weaker demand environment in the first quarter of 2011.
Quidel Corp (NASDAQ:QDEL) shares declined 8.18 percent to $13.25 in the after-hours trading, following its lower-than-expected fourth quarter revenue guidance citing a significant decline in sales of its influenza products.
A. Schulman, Inc. (NASDAQ:SHLM) shares fell 4.46 percent to $21.00 in afterhours trading session after reporting lower-than-expected first quarter earnings. Adjusted profit was $10.6 million or 34 cents a share, down from $19.7 million or 76 cents a share last year.
Zumiez Inc. (NASDAQ:ZUMZ) shares declined 4.42 percent to $25.49 in afterhours trading session. The company same-store sales rose 9.2 percent in December against analysts’ expectation of 11.5 percent growth.
Sonic Corp. (NASDAQ:SONC) shares declined 3.52 percent to $10.91 in post market trading session. Its net income increased to $7.24 million or $0.12 per share from $6.23 million or $0.10 per share in the last year.