Top Nasdaq Market Movers

03-Oct-2012

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(IBT) The top after-market Nasdaq gainers Tuesday were InterMune Inc, Aruba Networks Inc, Transcept Pharmaceuticals Inc, Resources Connection Inc and Education Management.

InterMune Inc (ITMN) shares climbed 10.17 percent to $9.75 in after-hours trading Tuesday. The company’s shares surged after it announced that Health Canada has approved Esbriet® (pirfenidone) for the treatment of mild to moderate idiopathic pulmonary fibrosis (IPF) in adult patients.

Shares of Aruba Networks Inc (ARUN) rose 9.73 percent in the post-market session to close at $22.38. The shares of the company dropped 6.21 percent in regular trade Tuesday.

Transcept Pharmaceuticals Inc (TSPT) shares advanced 5 percent to $5.46 in post-market trading. The company shares have a 52-week trading range of $5.09-$12.99 and a market capitalization of $96.53 million.

Resources Connection Inc (RECN) shares gained 4.60 percent and reached $13.86 in after-hours trading. The company stocks gained after the company announced higher financial results for its fiscal first quarter. The company’s net income for the first quarter that ended Aug. 25, 2012, was $4.8 million, or $0.12 per diluted share, in line with analysts’ expectation of $0.12 per share and a higher than the $2.6 million or $0.06 per diluted share recorded in the previous year for the same quarter.

Education Management Corporation (EDMC) shares surged 4.29 percent to $3.16 in after-hours trading Tuesday. The shares of the company dropped 4.11 percent in regular trade Tuesday.


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