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After-market Movers For Dec 6 (NFLX, ZNGA, GEO, BAGL, AMRN, CMTL)

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Gainers:

GEO Group, Inc. (GEO: Quote) gained over 6 percent to $31.30. The company announced that its board approved all necessary steps, including the divestiture of certain health care assets, that will prepare it to position itself to operate as a REIT starting January 1, 2013. The company also announced a special dividend of $5.68 per share of common stock.

Einstein Noah Restaurant Group, Inc. (BAGL: Quote) rose nearly 4 percent to $16.37. The company announced that its board has completed the strategic alternatives review process by recapitalizing the company and declaring a one-time special dividend to shareholders of $4.00 per share.

Zynga Inc. (ZNGA: Quote) rose 1 percent to $2.51.

Decliners:

Netflix, Inc. (NFLX: Quote) declined over 1 percent to $85.01. Netflix disclosed receipt of a Wells Notice from the SEC Staff on recommending to the SEC to bring a civil action for violations of fair disclosure related to statement chief executive Reed Hastings had posted in Facebook in July about the 1 billion hour service usage.

Amarin Corporation plc (AMRN: Quote) plunged over 21 percent to $9.39. The company announced $100 million non-equity financing through a hybrid debt-like instrument. The company also noted that it is continuing to assess strategic options.

Comtech Telecommunications Corp. (CMTL: Quote) fell over 12 percent to $22.58. The company's first quarter earnings decreased from the same period a year earlier. Net sales declined from the year-ago quarter due to lower net sales in mobile data communications segment. The company warned on its second quarter results and also lowered its fiscal 2013 forecast.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Editors Pick
Stocks have moved mostly higher over the course of the trading day on Monday, extending the strong upward move that was seen last Friday. The major averages are currently turning in a mixed performance, however, with a steep drop by shares of IBM (IBM) weighing on the Dow. While Republicans have largely tried to frame the upcoming midterm elections as a referendum on President Barack Obama, Sen. Ted Cruz, R-Tex., has joined the few offering guidance on what the GOP will do if it manages to retake control of the Senate. The World Health Organization (WHO) Monday declared that Nigeria is officially free of Ebola virus transmission. For the last six weeks, no new cases of the deadly virus infection has been reported in the country. The lines on the tabular situation reports, sent to WHO each day by its country office in Nigeria, have now been full of zeros for 42 days. If two incubation periods of 21 days pass
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