Select Comfort Corporation (NASDAQ: SCSS) took a significant tumble in after-hours trading yesterday, as the company fell 26.7 percent to $17.75 per share on 2,060,000 shares traded.
Select Comfort Corporation (NASDAQ: SCSS) took a significant tumble in after-hours trading yesterday, as the company fell 26.7 percent to $17.75 per share on 2,060,000 shares traded. The adjustable-firmness bed developer and distributor is now 0.55 percent above its 50-day moving average and 6.36 percent above its 200-day moving average. SCSS stock is 26.31 percent below its 52-week high and 45.61 percent above its 52-week low.
Two companies lost more than 8 percent but less than 10 percent in yesterday’s after-hours trading session, as Broadwind Energy Inc. (NASDAQ: BWEN) fell 8.4 percent to $9.27 per share on 1,980 shares traded. Broadwind’s stock is overbought as its RSI is at 78.87. The company is trading 47.39 percent better than its 50-daymoving average and 113.54 percent above its 200-day moving average. BWEN stock is 2.97 percent under its 52-week high and 406 percent above its 52-week low.
Also, OfficeMax Incorporated (NYSE:OMX) took an 8.2 percent hit to $13.2483 per share on 39,900 shares traded. The office supply retailer’s stock is also overbought as its RSI is at 77.92. The company is trading 24.05 percent above its 50-day moving average and 35.24 percent above its 200-day moving average. OMX stock is 7.77 percent above its 52-week peak and 133.79 percent above its 52-week low.
Another pair of companies lost between 7 and 8 percent in after-hours trading yesterday, as Clayton Williams Energy Inc. (NYSE: CWEI) dropped by 7.3 percent to $62.9868 per share on 1,200 shares traded and Tempur Pedic International Inc. (NYSE: TPX) dipped 7.1 percent to $37 per share on 36,410 shares traded. Clayton Williams Energy’s RSI is at 80.59, making its stock overbought.
CWEI is trading 28.15 percent and 49.73 percent respectively above its 50-day and 200-day moving averages. The company is 5.33 percent above its 52-week high and 92.46 percent above its 52-week low. Tempur Pedic, following the drop, is trading 3.16 percent below its 50-day moving average and 5.91 percent below its 200-day moving average. Tempur Pedic is 21.97 percent below its 52-week high and 65.74 percent above its low for the past 52 weeks.
Three companies lost between 6 and 7 percent, starting with market analysis firm Piper Jaffray Companies (NYSE: PJC), which lost 6.4 percent to $33.8932 on 10,510 shares traded. PJC stock is 6.47 percent above its 50-day moving average and 3.82 percent above its 200-day moving average.
Infoblox Inc. (NYSE: BLOX) lost 6.1 percent to $43.2502 on 11,100 shares traded, and is now trading 20.97 percent above its 50-day moving average and 69.42 percent above its 200-day moving average. Finally, International Business Machines Corp. (NYSE: IBM) dropped an even 6 percent to $175.60 on 1,999,000 shares traded. IBM is just 0.08 percent above its 50-day moving average and 5.07 percent below its 200-day moving average.
Other notable losers in yesterday’s after-hours trading included Alkermes plc (NASDAQ: ALKS, down 5.3 percent to $30.8926 per share), Team Health Holdings Inc.(NYSE: TMH, down 5.2 percent to $41.1631, stock overbought as RSI at 74.03), Geron Corporation (NASDAQ: GERN, down 5.1 percentto $4.1375, stock overbought as RSI at 76.84), Immunogen Inc. (NASDAQ: IMGN, down 5 percent to $16.0478) and Dynavax Technologies Corporation (NASDAQ: DVAX, down 5 percent to $1.1684 per share).