After-market Movers For April 21 (NFLX, AGN, VRX, RMBS)

(RTTNews) - Gainers:

Netflix, Inc. (NFLX) rose over 6 percent to $371.99. The company's first quarter profit surged from the year-ago quarter and toped Wall Street view. The company noted that the U.S. streaming service grew by 2.25 million net members to 35.7 million members. The company forecast second quarter earnings per share above market view, while expecting domestic net additions to be about 0.11 million below the prior year level. The company also announced its plan to do a one or two dollar price increase later this quarter for new members.

Allergan Inc. (AGN) gained 20 percent to $171.50 following the disclosure that William Ackman's Pershing Square Capital Management, L.P. reported having a 9.7 percent stake in the company. Pershing also said that the company's stock is undervalued and is an attractive investment. Pershing intend to consult with Valeant Pharmaceuticals International, Inc. (VRX, VRX.TO), which currently intends to make an offer for Allergan, in connection with their respective investments. VRX rose 8 percent to $137.00.

Decliners:

Rambus Inc. (RMBS) fell 6 percent to $11.50. The company reported a profit in its first quarter, while total revenue improved 17 percent from the year-ago quarter. At the same time, the company forecast second quarter revenue below Street view.