Companies whose shares are expected to trade actively in today’s session are Integra LifeSciences Holdings Corp (NASDAQ:IART), Apogee Enterprises, Inc. (NASDAQ:APOG), Fortinet Inc (NASDAQ:FTNT), Zumiez Inc. (NASDAQ:ZUMZ), Yum! Brands, Inc. (NYSE:YUM) and Fifth Street Finance Corp. (NASDAQ:FSC).
Integra LifeSciences Holdings Corp (NASDAQ:IART): The surgical instruments company announced a recall of some of its products due to manufacturing concerns. Integra LifeSciences’ earnings missed Wall Street estimates. The company also issued downbeat guidance for the first and second quarter of the current year. Shares plunged 7 percent to $35.67 in the early session.
Apogee Enterprises, Inc. (NASDAQ:APOG): The industrial glass manufacturer’s fourth quarter earnings soared 48 percent due to higher margins and improved results from its architectural business. However, sales and earnings fell short of Wall Street expectations. Shares slipped 8.36 percent to $26.75 in the early session.
Fortinet Inc (NASDAQ:FTNT): The network security solutions company lowered its first quarter guidance as billings are far below expectations. Shares tumbled 18.03 percent to $17.95 in early trading session.
Zumiez Inc. (NASDAQ:ZUMZ): The sports apparel retailer’s same store sales jumped 2.1 percent in March, surpassing analysts expectations. Analysts polled by Reuters expected a 7.5 percent decline in the same store sales. Shares surged 10.44 percent on better than expected results to $27.50 in the early session.
Yum! Brands, Inc. (NYSE:YUM): The fast food restaurant chain’s same store sales in China declined 13 percent in March. China accounts for over 50 percent of the company’s total sales. The company’s troubles began in December 2012 when Chinese authorities detected excessive chemicals in its chicken. The recent avian flu outbreak in China also hurt KFC sales. Shares plunged 2.38 percent to $65.17 in the early session.
Fifth Street Finance Corp. (NASDAQ:FSC): The company is offering 13.5 million shares priced at $10.85 per share. It plans to use the proceeds to invest in medium and small companies, and to pay off debts. Shares declined 3.61 percent to $10.67 in the early market trading.
