Benzinga's After Hours Decliners (LO, MU, TIVO)

Micron Technology MU surged 5.92% to $10.02 ahead of the company's earnings report which was released after the close of trading on the New York Stock Exchange on Monday. In the after hours, however, Micron is headed right back down, falling 6% to $9.42 after releasing the report. Volume has been very heavy in the post-market with well over 7 million shares trading hands. Micron reported EPS of $0.92 on revenue of $2.29 billion, which came in ahead of Wall Street expectations, but obviously left some investors who were looking for even more upside disappointed. Other stocks that are moving lower include Lorillard LO and TiVo Inc. TIVO. LO has lost 2.33% to $71.83 and TIVO has declined 2.77% to $7.38. Volume has not been heavy in either name, suggesting that there is not any significant news out that is driving the activity.