Despite light volume, the extended session on Thursday didn't provide a breather for tech, as investors continued to push shares of the sector down after the close of the market.
was the volume leader on Instinet, slipping 0.5% to 11.02, after losing 17.6% during regular session trading on Thursday. The shares were initially up in the extended session. The Unix systems maker warned Wednesday that it will miss the consensus estimate, as well as its previous revenue projection, and likely post a loss in the fiscal first quarter. Sun was up 0.1% on Island.
was one of the biggest losers on Instinet, as the coffee chain lost 2% to $17.10. The company said same-store sales rose 1% in August. Starbucks also said consolidated revenue for the month rose 18% to $214 million.
was up 4.9% to $6.19 on Instinet and rose 4.7% on Island. After the closing bell on Thursday, the maker of television recording devices said it lost 82 cents a share in the second quarter. The company lost $1.09 in the year-ago period. Analysts were expecting a loss of 94 cents. The company ranked third on the Island most-active chart.
was the leading volume mover on Island as it fell 2.9% to $17.15. The stock ranked 17th on Instinet where it dropped 2.4%. The company said it completed the sale of its Car Rental Direct unit to
was the number two volume mover on Instinet, but remained unchanged.
was off 0.2%,
slipped 0.5%, and
was off 0.1%.
Metromedia Fiber Network
was off 2.6%, while
remained flat. Both were among the top 10 volume movers.
Island ECN offers trading, mainly in Nasdaq-listed stocks, from 7 a.m. to 8 p.m. EST.
explains how the rules change when the sun goes down in Investing Basics: Night Owl, a section devoted to after-hours trading.