| 2016-10-11 17:59:03|
VOXX, CUDA… 17:59 10/11 10/11/16
On The Fly: After Hours Movers
UP AFTER EARNINGS: VOXX (VOXX), up 13.9%... Barracuda (CUDA), up 7.2%... Blackhawk (HAWK), up 3%. ALSO HIGHER: Intellipharmaceutics (IPCI), up 14.5% after it signed a license and commercial supply pact with Mallinckrodt (MNK)... Idera Pharmaceuticals (IDRA), up 6.1% after Baker Bros. Advisors reported a 7.2% stake in the company. LOWER: Fortinet (FTNT), down 13.9% after it reported lower than expected preliminary third quarter results and increased its share repurchase program... Cybersecurity firms Palo Alto Networks (PANW), Proofpoint (PFPT), and FireEye (FEYE), down a respective 4.45%, 4.25%, and 2.3% after Fortinet said that its preliminary Q3 results were primarily impacted by the lengthening of deal cycles as enterprises become more strategic with their purchasing decisions and buying with less urgency than last year.