Friday Pre-Market: Movers & Stocks In The News: $NVDA, $KORS, $JWN, $DIS, $DDS, $TTD $CWH & More
Michael Kors Holdings Ltd. (KORS) fell 4% in after-hours trading after it cut its fiscal 2017 adjusted EPS forecast to $4.37-$4.43 from an August 10 view of $4.56-$4.64.
Nvidia (NVDA) vaulted 13% in pre-market trading after it reported Q3 adjusted EPS of 94 cents, well above consensus of 69 cents, and said it authorized an additional $2 billion for its share buyback program.
Walt Disney (DIS) is up nearly 2% in pre-market trading after CEO Oger said he sees modest growth in 2017 and said online ESPN will be more user-friendly. Disney initially was down 3% in after-hours trading after it reported Q4 revenue of $13.1 billion, below consensus of $13.5 billion.
Nordstrom (JWN) rallied 5% in after-hours trading after it reported Q3 adjusted EPS of 84 cents, well above consensus of 51 cents, and then raised guidance on full-year adjusted EPS to $2.85-$2.95 from a prior view of $2.60-$2.75.
Microsemi (MSCC ) gained over 1% in after-hours trading after it reported Q4 adjusted EPS of 91 cents, better than consensus of 90 cents.
Dillard’s (DDS) fell over 6% in after-hours trading after it reported Q3 EPS of 67 cents, below consensus of 76 cents, and said Q3 comparable sales were down -4%, weaker than consensus of -2.7%.
PRA Health Sciences (PRAH) slid 4% in after-hours trading after it reported a secondary offering of 7.5 million shares.
Camping World Holdings (CWH) rallied over 3% in after-hours trading after it reported Q3 revenue of $1.01 billion, higher than consensus of $971 million.
Trade Desk (TTD) jumped nearly 7% in after-hours trading after it reported Q3 revenue of $53 million, better than consensus of $49.1 million and said it is “massively” outpacing growth of the total market.
Airgain (AIRG) climbed 3% in after-hours trading after it reported an unexpected Q3 EPS profit of 16 cents, much better than consensus of a -1 cent loss.
Photronics (PLAB) plunged 18% in after-hours trading after it lowered guidance on Q4 EPS to 2 cents-3 cents from a prior view of 9 cents-17 cents.
Sunrun (RUN) gained 3% in after-hours trading after it reported Q3 EPS of 16 cents, above consensus of 12 cents, and said it sees 2016 deployments of 285 MW, above a prior view of 270-280 MW.
Corbus Pharmaceuticals Holdings (CRBP) fell over 3% in after-hours trading after it reported a Q3 loss of -12 cents a share, a wider loss than consensus of -10 cents.
Apple, Alibaba, Visa — Dan Loeb’s Third Point hedge fund took new stakes in those companies, among others, and increased its holdings in Alphabet and Facebook. The information comes from the fund’s quarterly 13-F filing.
Source: FoxBusiness,BarChart, CNBC, Bloomberg