After-hours buzz: Gap, Rackspace, Caesars & more

Check out the companies making headlines after the bell Monday:

Traders work on the floor of the New York Stock Exchange.
Getty Images
Traders work on the floor of the New York Stock Exchange.

Cloud computing firm Rackspace Hosting saw its shares climb 9 percent after the company reported better-than-expected third-quarter earnings and revenue. Rackspace also gave strong fourth-quarter revenue guidance.

Lions Gate Entertainment shares declined about 7 percent after reporting a surprise fiscal second-quarter loss. The film distribution company handed in a quarterly loss of 28 cents a share on $477 million in revenue, compared with analysts' forecasts of earnings of 2 cents a share on $491 million in sales.

Gap shares tumbled 6 percent after the retailer said global same-store sales declined 3 percent in October. Sales at the retailer's Banana Republic brand performed the worst, with comparable-store sales falling 15 percent during the month.

Casino operator Caesars Entertainment said third-quarter sales declined 48 percent to $1.14 billion. The stock fell about 5 percent after the bell.

Jazz Pharmaceuticals' stock lost about 7 percent of its value after the specialty drugmaker reported third-quarter results.