The first after-hours session of 2008 was decidedly ho-hum amid scarce drippings of news that barely budged stocks from their regular-session closing prices.
Among those few stocks seeing a fair bit of trading volume, however, was
. The online broker announced that former CEO Mitchell Caplan, who resigned in late November, will get a severance package worth
$10.9 million, per a pre-existing agreement inked on Sept. 1, 2004. That represents two times the sum of his base salary and bonus in 2006, as well as two years' worth of medical, life and disability coverage.
Caplan also resigned from the struggling company's board on Monday, which E*Trade remarked effectively severs all of his ties with the company.
E*Trade shares bounced around after the announcement, and were recently flat at $3.42.
Among recent after-hours gainers,
was adding 2.2% at $6.95; fellow tech name
was up 0.7% to $22.66; and homebuilder
was rising 1% to $7.14.
Recent decliners included
, down 15 cents at $36.61; software developer
, off 0.5% to $10.37; and pharmacy benefits management firm
, which was lately dipping 0.8% at $73.15.