These 3 Stocks Are Heating Up After-Hours Trading
1) Pandora (NYSE:P) is currently coming it an #1 on the NYSE list of top gainers in after-hours trading. Shares of the internet radio leader were up 5.98% in trading on the day and capped additional gains of 0.8% after hours, leading its share price up over the $20 mark. The company is now trading well above its IPO price of $16 dollars after a volatile first two weeks in the market. Investors and analysts will tune in eagerly on July 11th when the company hosts its first analyst day, with many ratings firms expected to initiate coverage.
2) Lloyd’s Banking Group (NYSE:LYG) is topping the charts as NYSE’s biggest after-hours losers, having shed 6.03% to negate 4.13% gains during regular hours today. Bloomberg reports that the Confederation of British Industry today raised concerns with plans of Brit Banks to, “erect firebreaks around the consumer-banking units of lenders to protect taxpayers and depositors during financial crises,” saying they would unfairly shake up the playing field among lenders. Lloyd’s is continuing a serious downtrend, with stock off 16.24% for the quarter.
3) BP (NYSE:BP) is also among the NYSE’s biggest losers after hours, giving back almost double the day’s gains of 0.75% after close today. No headlines related to the sell-off, so we give you a quick look at recent technicals for the company. On the 3-month table, BP stock is down 2.28%, though still up 1.02% for 2011, with gains of 51.82% YTD. Stock plummeted following the oil spill and fallout in the Gulf of Mexico last year but has rebounded strongly since. The energy sector largely underperformed compared to general markets today (NYSE:XLE) up 0.71% versus the Dow’s 1.36% gain.
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