Wednesday's Late Winners & Losers
Stocks mostly stumbled after the close Wednesday, and among the most-heavily traded losers was Whole Foods (WFMI).
The organic-food supermarket chain slid 9.4% to $41.49 after missing first-quarter revenue estimates and hinting it might have regulatory trouble with its planned buyout of Wild Oats (OATS). Shares of the latter recently lost 1.8% to $17.78 after hours.
Wedding-planning Web site The Knot (KNOT), based in New York, sank 13.5% to $19.40 after per-share first-quarter income sank by 2 cents from last year to a nickel -- 3 cents short of expectations, according to Thomson Financial.
Infosonics (IFON) took a nosedive after the San Diego-based wireless-products distributor swung to a first-quarter loss of 3 cents a share (non-GAAP) vs. analysts' projections for 3-cent profits. The small-cap company's shares plunged 20.4% to $3.12.Among other postbell losers, Texas-based semiconductor Cirrus Logic (CRUS) foresees lower-than-expected revenue of $40 million to $44 million in the quarter ended June 30, and apparel retailer American Eagle Outfitters (AEO) reported a year-over-year drop in both revenue and same-store sales for the month ended May 5. Cirrus shares lost 8.5% to $7.90 as Pennsylvania-based AEO shed 1.8% at $28.45. On the flip side, however, San Diego's WebSideStory (WSSI) soared more than 19% after hours on word that the business-services firm ramped up first-quarter non-GAAP income to $3.3 million, or 16 cents a share, from last year's 12 cents a share. That tops analysts' estimates by 2 cents a share, and revenue also came in higher than expected. Shares added $2.13 to $13.25. Dallas-based Home Solutions of America (HSOA), another business-services firm, jumped 11.4% to $5.85 after its first-quarter profit totaled 12 cents a share, 2 cents better than the sole analyst's estimate. Semiconductor-equipment maker Brooks Automation (BRKS), of Chelmsford, Mass., also beat by 2 cents. Shares climbed 1.5% to $18 in recent late trading.
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