A shopper leaves an Urban Outfitters store in New York.
Michael Nagle | Bloomberg | Getty Images
Check out the companies heading after :
Shares of Urban Outfitters ran more than 15% during extended trading after the retailer reported a loss of revenue in the top and bottom line in the third quarter. The company had revenue of $ 56 per share on revenue of $ 987 million, falling below 57 percent EPS and $ 1
Sales of the same store in the company increased by 3%, topping the 2.8% increase expected by analysts. Free People's same-store sales increased 9%, while Anthropologie's increased 4%. Analysts had expected an increase of 4.8% and 2.0%, respectively, according to Consinitive consensus estimates. The company's name brand had a flat growth in the same store, but the expected increase of 2.4%.
Amarin shares dropped 4% after news that Oppenheimer analyst Leland Gershell downgraded the biopharmaceutical company to underperform a $ 7 price target. The analyst cited the company's shrinking likelihood as an M&A target along with underlying sales growth and high sales costs, according to StreetInsider.com. Amarin's shares closed at $ 22.73 on Tuesday, up about 67% the year before.
Endo International shares popped up 4% clockwise following the company's announcement that the Food and Drug Administration approved its cellulite treatment for review. The target date for the license application date is July 6, 2020. Endo's shares are down about 39% so far this year.
New York Mortgage Trust shares fell nearly 3% after the real estate investment license announced a new public offer of $ 25 million of the common stock. Morgan Stanley will sign the offer. The company said it plans to use the funds for general business purposes. The shares are up about 6% so far this year.