Kforce Inc.
Kforce Inc. (NASDAQ: KFRC) was one of two companies that slipped by over 10 percent in after-hours trading yesterday, as the company fell 11.6 percent to $17.3543 per share on 84,000 shares traded. Kforce’s RSI is at 75.49, which makes the company’s stock overbought. Kforce is trading 13.12 percent and 25.40 percent respectively above its 50-day and 200-day moving averages, and is also 7.68 percernt above its 52-week high and 98.76 percent above its 52-week low.
Also losing 10 percent or more was Open Text Corp. (NASDAQ: OTEX), which moved down to $66.52 per share on 2,000 shares traded after a 11.4 percent drop. OTEX is trading 2.55 percent above its 50-day moving average and 14 percent above its 200-day moving average. The company is now 4.16 percent below its 52-week peak and 47.78 percent above its 52-week low.
Jive Software Inc. (NASDAQ: JIVE) was another significant loser, falling by 9.7 percent to $11.49 per share on 29,990 shares traded. The company is presently 1.08 percent above its 50-day moving average and 14.54 percent below its 200-day moving average. Jive Software, which provides a social business software solution to its clients, is trading 31.17 percent below its 52-week high and 19.66 percent above its 52-week low.
Jive was followed by a second company losing between 9 and 10 percent, Discovery Laboratories Inc. (NASDAQ: DSCO), which lost 9.3 percent to $2.05 per share on 10,200 shares traded. Discovery is now 9.73 percent above its 50-day moving average and 14.02 percent above its 200-day moving average. The company is trading 25.90 percent below its 52-week peak and 50.67 percent above its 52-week low.
Weight Watchers International Inc. (NYSE: WTW), which provides weight management services, moved down 8.6 percent to $36.5 per share on 91,520 shares traded in after-hours trading yesterday. The company is trading 5.43 percent above its 50-day moving average and 6.64 percent below its 200-day moving average. Weight Watchers is 32.95 percent under its 52-week high and just 12.73 percent above its 52-week low.
Other companies that lost between 8 and 9 percent yesterday included Glu Mobile Inc. (NASDAQ: GLUU), which fell 8.4 percent to $3.47 per share on 268,050 shares traded, and TeleCommunication Systems Inc. (NASDAQ: TSYS), which lost 8 percent to $2.31 on 6,600 shares traded. Glu Mobile’s stock is overbought as its RSI is at 73.75. The company is now 40.79 percent above its 50-day moving average and 44.26 percent above its 200-day moving average.
TeleCommunication Systems, on the other hand, is trading 0.55 percent under its 50-day moving average and 4.61 percent above its 200-day moving average.
A number of other companies lost substantially in after-hours trading yesterday, including Coleman Cable Inc. (NASDAQ: CCIX, down 7.8 percent to $22.4639, stock overbought as RSI at 78.77), Rovi Corporation (NASDAQ: ROVI, down 7.8 percent to $17.5), Silicon Graphics International Corp. (NASDAQ: SGI, down 6.9 percent to $14.25), Bankrate Inc. (NYSE: RATE, down 6.9 percent to $19.5), Yelp Inc. (NYSE: YELP, down 6.1 percent to $62.98) and JDS Uniphase Corporation (NASDAQ: JDSU, down 6 percent to $13.87 per share).