A number of companies incurred double-digit losses, or close to that, in yesterday’s after-hours trading session.
A number of companies incurred double-digit losses, or close to that, in yesterday’s after-hours trading session. Most notable among these companies was New York & Company, Inc. (NYSE:NWY), a retailer of women’s clothing, which lost 15 percent to $4.75 per share on 2,790 shares traded. The company’s RSI is 28.72, which makes its stock oversold. New York & Company is trading 9.93 percent below its 50-day moving average and 20.11 percent above its 200-day moving average. At the present, NWY is 18.63 percent below its 52-week high and 80.91 percent above its 52-week low.
The McClatchy Company (NYSE: MNI) also lost in excess of 10 percent yesterday after-hours, moving down 12.9 percent to $2.70 per share on 5,340 shares traded. MNI is still trading 12.69 percent better than its 50-day moving average and 10.57 percent higher than its 200-day moving average. The company’s stock is 10.40 percent below its 52-week high and 103.95 percent above its 52-week low.
Also, Aeropostale, Inc. (NYSE: ARO) lost 9.9 percent to $9.89 per share on 830,200 shares traded. The mail-based clothing retailer’s RSI is 22.75, which means that its stock is oversold. ARO stock is 20.64 percent below its 50-day moving average and 20.31 percent below its 200-day moving average. Also, Aeropostale is trading 35.79 percent below its 52-week high and 3.51 percent below its 52-week low.
Nordson Corporation (NASDAQ: NDSN) lost 7.7 percent yesterday to settle at $65.85 per share on 2,430 shares traded. The company’s stock is 0.09 percent below its 50-day moving average and 5.97 percent above its 200-day moving average. NDSN is presently 5.94 percent below its 52-week peak and 27.97 percent above its 52-week low.
Aside from Nordson, other companies losing between 4.5 percent and 8 percent in after-hours trading included Aruba Networks, Inc. (NASDAQ: ARUN), which dropped by 5.9 percent to $17.02 on 75,080 shares traded, and Autodesk, Inc. (NASDAQ: ADSK), which fell to $34.46 per share on 284,210 shares traded, a decrease of 4.6 percent. ARUN is trading 7.04 percent above its 50-day moving average and 9.46 percent lower than its moving average for 200 days. The company’s stock is 32.49 percent below its 52-week high and 46.04 percent above its 52-week low. Autodesk, on the other hand, is 2.16 percent above its 50-day moving average and 1.12 percent below its 200-day moving average, and also 12.77 percent below its 52-week high and 30.43 percent better than its 52-week low.
Other losers of note included Pure Cycle, Corp.(NASDAQ: PCYO, down 4.2 percent to $5.25), Tecumseh Products Company (NASDAQ: TECUA, down 3.3 percent to $9.95), Mattson Technology, Inc. (NASDAQ: MTSN), a semiconductor wafer processing equipment maker, down 3.1 percent to $2.19, “streaming” Internet radio service provider Pandora Media, Inc. (NYSE: P, down 2.9 percent to $21.08), TeleCommunications Systems, Inc. (NASDAQ: TSYS, down 2.7 percent to $2.51), Inovio Pharmaceuticals, Inc. (NYSE: INO, down 2.5 percent to $1.56), FMC Technologies, Inc. (NYSE: FTI, down 2.4 percent to $53.4136), and finally online travel service Orbitz Worldwide, Inc. (NYSE: OWW, down 2.4 percent to $9.50 per share).