The Night Watch: Novellus, Williams Cos. Head Lower
The traders who showed up weren't making many big moves in the extra session Tuesday, as a general lack of news kept buyers and sellers on the sidelines.
The Nasdaq 100 Unit Trust (QQQ) was the most active issue on Instinet after the bell, where it lost 0.6% to $30.92. Overall, volume was on the light side. More than an hour into extra trading, around 1.8 million shares changed hands among the 20 most active stocks on Instinet.
Chip-equipment maker Novellus (NVLS) was off 2.4% to $45.54 as the company offered essentially lukewarm comments during its midquarter update. Semiconductor gearmaker Applied Materials (AMAT) was down 1.9%.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV