Check out the companies making headlines after the bell:
Verifone shares skyrocketed as much as 52 percent in extended trading. The electronic payment transaction provider will be acquired by private equity firm Francisco Partners for $3.4 billion, according to a statement released Monday afternoon. Upon completion of the transaction, Verifone will become privately held.
Tupperware stock dropped nearly 5 percent in the extended session after the company downgraded its first-quarter guidance. Its earnings prediction was cut 5 cents and revenue guidance was trimmed by 2 percent. The company sees second-quarter sales being modestly lower than previously expected as well.
Nike stock gained as much as 1 percent after the bell. The athletic apparel retailer announced that it has acquired computer vision company Invertex, which makes software that scans a customer’s body for product fittings.
This is the second company Nike has acquired in less than a month as part of its “Consumer Direct Offense” strategy to better serve its customers. Nike acquired data analytics company Zodiac in late March.
Shares of Consolidated Edison dropped 2 percent after hours following an announcement that board member Vincent Calarco will retire from the energy company’s board.
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