Aeropostale, Sequenom: After-Hours Trades

NEW YORK (TheStreet) -- Shares of Aeropostale(ARO) tumbled in after-hours action after the New York-based fashion retailer missed Wall Street expectations for its third-quarter results, gave a disappointing outlook for the fourth quarter, and announced a shake-up in the C-suite.

The company's earnings of 63 cents a share for the three months ended on Oct. 31 were a penny short of the average analysts' view, which might have been a passable performance if Aeropostale had better news on the current quarter.

Instead, it said November same-store sales dipped 1% as sales trends "decelerated significantly" in the remaining days of Thanksgiving weekend after Black Friday, and forecast earnings of 94 to 96 cents a share for the fourth quarter ending in January, below a current consensus view of $1.03 a share.

Aeropostale also ended a co-CEO arrangement, naming Thomas Johnson to the post and announcing the resignation of Mindy Meads. The stock was last quoted down 9% to $24.40 in late trades on volume of more than 700,000.

Sequenom

Shares of Sequenom(SQNM) fell in extended trading on Wednesday after the San Diego-based gene analysis technology developer disclosed plans to sell more stock.

Details on the company's expectations for the offering were scant as no information was provided on its potential size, terms or timing. The sale is being co-managed by Lazard Capital Markets and Piper Jaffray with Jefferies & Co. acting as the sole bookrunner.

The stock was last quoted at $6.36, down 6.6%, on volume of more than 220,000, according to Nasdaq.com. Based on a regular session close at $6.81, the shares were up nearly 66% so far in 2010; although their 52-week high of $8.65 occurred back in early March.