Updated from 5:51 p.m. ET to add comments from American Airlines, latest share prices.NEW YORK ( TheStreet) -- Shares of Orbitz Worldwide ( OWW) soared in late trades on Wednesday after a state court reportedly ordered AMR Corp.'s ( AMR) American Airlines to return its flight and fare information to Orbitz's Web site. Reuters reported an Illinois court has granted the request for injunctive relief from Travelport, which owns roughly half of Orbitz.
Exide also said it expects profits in its current fiscal first quarter to be "slightly down" from the comparable year-ago period, citing "cost increases experienced during the last several months of fiscal 2011 coupled with delayed pricing action" for the decline. The stock was last quoted at $8.58, down 11.6%, on volume of around 120,000, according to Nasdaq.com. Based on a regular session close at $9.71, the shares were up 5% since the start of 2011, and had more than doubled in the past year, although the 52-week high of $12.68 came back in mid-February. Wall Street was exceedingly bullish on Exide ahead of the report with five of the six analysts covering the stock at either strong buy (3) or buy (2), and the median 12-month price target sitting at $14.50. Among the stocks seeing significant moves in Wednesday's extended session without a clear news driver was optical network equipment maker Ciena ( CIEN), which rose 5% to $26.72 on volume of roughly 140,000, erasing its regular-session decline. The optical networkers were especially weak on Wednesday as reports surfaced of bearish comments from Juniper Networks ( JNPR) CEO Kevin Johnson at an investor conference in New York. Juniper shares lost nearly 10% to $32.97 with volume reaching 27.3 million, nearly four times the issue's trailing three-month daily average. The stock dipped another 5 cents in late trades. Shares of Quantum Corp. ( QTM) were quoted down as much as 14% at one point but the stock has now stabilized, last trading unchanged at $3.03. -- Written by Michael Baron in New York. >To contact the writer of this article, click here: Michael Baron. >To submit a news tip, send an email to: firstname.lastname@example.org