4 Hot Radar Stocks in Late Trading: Siemens, Momenta Pharma, and Sprint Increase, SINA Falls
Shares of Siemens AG (NYSE:SI) are trading 1.2% higher in late hours, as the company says it is having a hard time filling 3,000 jobs. Despite 9.1% unemployment, the company is unable to find Americans with the right set of skills.
After getting crushed 19% in regular trading, shares of Sprint (NYSE:S) are up 2% after the closing bell. The company declined by the most in nearly 3 years after saying it needs to raise capital to spend on network upgrades. Sprint hopes to lure customers away from AT&T (NYSE:T) and Verizon (NYSE:VZ), which also offer Apple’s (NASDAQ:AAPL) hot iPhone.
Sina Corporation (NASDAQ:SINA) continues to take a beating in late trading. After closing down 6.3%, shares continue to fall more than 1% in extended hours. Chinese internet stocks such as SINA and Baidu (NASDAQ:BIDU) have been declining this week due to new regulations.
Momenta Pharmaceuticals (NASDAQ:MNTA) is popping nearly 2% Friday evening, after announcing it won a temporary restraining order against Watson Pharmaceuticals and two other firms regarding the sale of a generic version of its Lovenox drug.