Movers & Shakers: LinkedIn shares sell off after hours on disappointing outlook

LinkedIn Corp. shares lost nearly a quarter of their value after the social media website for professional networking issued a disappointing forecast for the quarter and year.

After Hours

After being down as much as 25%, LinkedIn LNKD, -1.95%  shares fell 19% to $204.70 on heavy volume. The company forecast adjusted earnings of 28 cents for the second quarter, and $1.90 for the year, well below Wall Street estimates.

Visa Inc. V, -1.92%  shares declined 1.4% to $65.10 after the payment network reported quarterly results.

Gilead Sciences Inc. GILD, -1.77%  shares advanced 2.4% to $102.90 on heavy volume after the biotech topped Wall Street estimates for earnings and revenue for the quarter.

First Solar Inc. FSLR, -3.66%  shares fell 4.6% to $56.90 on moderate volume following an after-hours trading halt. The solar power company reported a wider-than-expected loss for the quarter.

DreamWorks Animation SKG Inc. DWA, -2.29%  shares fell 5.1% to $56.62 on moderate volume after the company posted a loss for the quarter and missed Wall Street revenue estimates.

Expedia Inc. EXPE, -2.11%  shares rose 4% to $97.99 on moderate volume after the travel website’s revenue rose higher than expected.

FireEye Inc. FEYE, -3.86%  shares advanced 3.5% to $97.50 on moderate volume after the cybersecurity company raised its sales guidance for the year.

These stocks made notable moves in Thursday’s regular session:

Gainers

Taser International Inc. TASR, +7.55%  reported better-than-expected first-quarter profit and sales. The stun-gun maker said earnings more than doubled to $7.2 million, or 13 cents a share, from $3.4 million, or 6 cents a share, a year ago.

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