Peak Resorts (SKIS) Soars On USCIS Decision; NetApp (NTAP) Posts Disappointing Results

Peak_Resorts_SKIS

Shares of Peak Resorts, Inc. (Nasdaq:SKIS) climbed over 20% in after-hours trading Wednesday as the company said that the U.S. Citizenship and Immigration Services (USCIS) gave green light to its Mount Snow EB-5 program.

The ski resorts operator added that $52 million in funds for the Mount Snow project will be freed from escrow after the approval of an I-526 Petition submitted by an investor – who wishes to immigrate to the United States – to the government agency

SKIS stock closed at $3.37, up $0.03 (or +0.90%) with a total volume of 13,025 shares traded during the regular session

Peak Resorts has 13.98M Shares Outstanding, Market Capitalization (intraday) of $47.12M and SKIS stock 52-week range is from $2.60 to $7.73 per share

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NetApp_NTAP

NetApp, Inc. (Nasdaq:NTAP) shares plunged more than 7% in the extended session Wednesday after the company delivered quarterly financial results that missed Wall Street analysts’ expectations

For its fourth quarter fiscal 2016, NetApp posted net revenues of $1.38 billion and non-GAAP net income of $157 million, or $0.55 per share, numbers below the Capital IQ Consensus Estimate of $0.58 per share on revenues of $1.4 billion for the peiriod

NTAP stock finished at $25.52, up $0.31 (of +1.23%), and 5,682,497 of its shares exchanged hands during the day, representing a large increase in activity versus its average volume (3m) of 2,996,010

NetApp, which provides software, systems, and services to manage and store computer data worldwide, has 292.34M Shares Outstanding, Market Capitalization (intraday) of $7.46B and NTAP stock one-year range is between $20.66 and $34.81 per share

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