Benzinga's After Hours Gainers (CECO, NYX, PCLN)

U.S. equity markets were bleeding red today as the deterioration of the Euro continued, sending investors fleeing out of riskier assets. The Dow Jones Industrial Average closed 114.88 points lower at 10,510.95 on the session. Among the notable names moving higher in the after hours are Career Education Corp. CECO, NYSE Euronext NYX, and Priceline.com PCLN. Volatility has been extreme this week in shares of Career Education Corp. (CECO), as the stock screamed higher at the end of yesterday's trading session on news that U.S. Education Deputy Undersecretary Robert Shireman will resign his position and return to his home state of California. Shireman has been pushing for tougher regulations that may reduce the amount of federal financial aid available to “for-profit” colleges. During today's trading session, however, CECO got slammed back down losing 6.06% and closing at $29.74. In the post-market session, the whiplash continues, as CECO has jumped 7.03% to $31.83. More than 150,000 shares have traded hands in late trading. Shares of NYSE Euronext NYX have gained 4.24% to $29.99 in post-market trading after losing 4.61% and closing the regular session at $28.77. Volume has been very heavy, with more than 206,000 shares trading hands. The activity appears to be related to a proposal by the SEC to institute a unified stock-halt system across all trading venues. Priceline.com (PCLN) has been under pressure since reporting disappointing earnings on May 10th. During today's regular market session, PCLN shares declined 3.64% to $192.86, but it appears someone is buying the stock in the after hours, as it has jumped 3.69% to $199.98 in late trading.
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Posted In: Intraday UpdateAfter-Hours CenterMoversConsumer DiscretionaryEducation ServicesFinancialsInternet RetailSpecialized Finance
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