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After-Hours Buzz: EA, BAC, DFS & More

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Published: Monday, 18 Mar 2013 | 4:40 PM ET
By:

CNBC.com Writer

Check out which companies are making headlines after the bell Monday:

Electronic Arts - The videogame publisher announced CEO and board member John Riccitiello will step down at the end of the month, sending shares sharply higher in extended-hours trading, overshadowing news that the company expects to see fourth-quarter earnings at the lower end of its previously-announced guidance.

(Read More: Stocks End Lower on Cyprus Fears; Vix Spikes)

Bank of America - The financial giant edged higher in extended-hours trading after widely-followed analyst Meredith Whitney told CNBC she expects to see the company's stock "easily to $15 (a share) over the near-term and in the $20s over the next year and a half." Meanwhile, Whitney said she does not recommend JPMorgan stock.

(Read More: 'You Have to be Bullish,' on US Stocks: Whitney)

Discover Financial also moved higher after Whitney said she sees "over 30 percent opportunity" within this year. Whitney recently upgraded her price target on the company.

"It's all guns blazing on this name," she said of the firm.

Skullcandy - The maker of headphones named Hoby Darling as its new president and CEO effective immediately. Darling was most recently the general manager at Nike Digital Sport. Shares jumped in extended-hours trading.

Pluristem Therapeutics was initiated with a "hold" rating and a price target of $3.50 at Jefferies. Meanwhile, the brokerage started coverage of Acadia Pharmaceuticals with a "buy" recommendation and a price target of $13, sending shares higher in extended-hours trading.

—By CNBC's JeeYeon Park (Follow JeeYeon on Twitter: @JeeYeonParkCNBC)

Questions? Comments? Email us at marketinsider@cnbc.com

 Print
Check out which companies are making headlines after the bell Monday:
  Price   Change %Change
EA ---
SKULLCANDY ---
PSTI ---
ACAD ---
DFS ---
BAC ---
JPM ---

   
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