Traders were taking it easy in the extra session Monday, as few stocks were moving and volume was almost nonexistent.
Two hours into extended trading, only 1.3 million shares had changed hands among the top-20 volume movers on the Instinet platform.
Nasdaq 100 Unit Trust
was the volume leader, inching up 0.1% to $32.23.
was also active, but the shares were unchanged at $13.31.
was dropping 2.2% to $21.36 following word that the
Securities and Exchange Commission
is seeking sanctions against Ernst & Young for a business relationship the accounting firm had with the software maker while it was the company's auditor.
The SEC is alleging that Ernst & Young
violated regulations governing auditor independence, but the commission didn't suggest that PeopleSoft did anything wrong.
was one of the biggest losers after the bell, falling almost 11% to $4.79. After the close, the company said its fourth-quarter sales were overstated because of an improperly recognized order. In addition, the company fired its chief executive. JNI is restating its fourth-quarter revenue down to $13 million from $13.5 million.
was one of the winners, gaining 3.9% to $24.01 after the company raised its guidance for the second quarter.
Among other active issues,
was up 0.8% to $32.15, and
was down 0.7% to $1.48.
were each gaining 0.4%.
was adding 0.7%, and
was slightly lower. Three big drug companies,
Johnson & Johnson
, were among the most active stocks, but all three were flat with their
4 p.m. EDT closing prices.