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Stocks to Watch: TIVO, LGF, FB & More
CNBC.com | May 30, 2012 | 04:33 PM EDT
Check out which companies are making headlines after the bell Wednesday:
TiVo [ TIVO?8.54? -0.42 (-4.69%) ] - The digital video-recording service company posted a loss of 17 cents a share, compared to expectations for a loss of 15 cents a share. Revenue was also slightly below estimates at $54.5 million against projections for $55 million. In addition, the company said it expects a second-quarter revenue loss of between $28 million and $30 million. Shares fell in extended-hours trading. (Click here for after-hours quote.)
Lionsgate [ LGF?13.32? +0.47 (+3.66%) ] - The entertainment company posted a loss of 17 cents a share, while Wall Street projected the firm to earn 26 cents a share. Shares of the firm tumbled in extended-hours trading. (Click here for after-hours quote.)
Facebook [ FB?29.60? +1.41 (+5.00%) ] - The social networking giant's stock continued to slide in extended-hours trading after finishing the regular session near $28 a share. Meanwhile, the SEC's review of Facebook's IPO suggested technical failures and not rule violations, according to a report. And the SEC may propose new rules to delay trading when future IPOs are priced. (Click here for after-hours quote.)
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