US benchmarks closed on a high on Monday and Analogic Corp (NASDAQ:ALOG), the multinational, kept the ball rolling after the New York bell.
The stock surged 9.48% to US$93 a share after the healthcare and security firm reported earnings and revenue that beat analysts' expectations.
Analogic Corporation: Heavy volume for Analogic Corporation stock. $ALOG https://t.co/gMELg6T44S pic.twitter.com/1F2UWmXWJF
— MarketScreener (@MScreener) 5 March 2018
Net income for the second quarter was US$6.5mln, compared with net income of US$7.5mln in the same period last year.
Elsewhere, Ascena Retail Group Inc (NASDAQ:ASNA) shares plunged over 15% to US$2.05.
The women's clothing retailer beat expectations on revenue but announced a loss, which was wider than expected.
Meanwhile, department store behemoth Nordstrom Inc (NYSE:JWN) shares shed 2.16% to US$50.78 after hours as it emerged it had spurned a takeover offer from the group's founding family, including several high-ranking executives, saying the cash bid of US$50 a share was too low.
The family group has attempted to take the company private before, but have had challenges financing the deal.