3 Stocks Moving In After-Hours: Rumors, Contracts And Sales Figures

After a couple of days in green territory, U.S. stocks tumbled on Friday trading, driven by declines in energy stocks and oil prices, as well as Apple Inc. (NASDAQ: AAPL)’s 1.67 percent decline.

After the market closed, the tech behemoth’s stock continued to slip, driven by news about point-of-sales tracking market research firm GfK’s negative data on iPhone 7 sales. As per the firm’s channel-checks-based data, the iPhone 7 and iPhone 7 Plus witnessed 25 percent lower sales in its launch weekend than the previous model — iPhone 6s and iPhone 6s Plus — at least in the 15 countries that were included in the sample. It should be noted, however, that these figures represent sales in 12 European countries, China, Australia and Taiwan, but not in the United States.

Related Link: Twitter's Stock Has Best Day Ever Amid Buyout Rumor

Also down, more than 3.65 percent, in Friday’s after-hours session was Smith & Wesson Holding Corp (NASDAQ: SWHC), after an 8-K filing showed that the Department of Army notified the company that its proposal for the U.S. Army's Modular Handgun System was not among those selected to advance to the next phase of the competition.

Shares of Twitter Inc (NYSE: TWTR), which gained 21.42 percent during the regular trading session on rumors about a possible takeover, lost 0.52 percent since the bell rang Friday, as analysts weighed in on the probability of this actually occurring. Among the rumored interested buyers was salesforce.com, inc. (NYSE: CRM), which did not make much sense, according to Citi's Walter Pritchard.

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Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.