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Why These 6 Stocks Are Trending After-Hours

U.S. stock markets were mixed on Friday, with the S&P just shy of a record close, and the Nasdaq posting its best full-day performance in more than a year.

After the market closed, Territorial Bancorp Inc TBNK 0.48% reported Q2 EPS of $0.43 on revenue of $15.73 million, up 2.8 percent year-over-year. Shares traded marginally down.

Shares of Whole Foods Market, Inc. WFM 0.42% were up 0.69 percent. The U.S. Patent and Trademark Office rejected the company’s request to trademark the "World's Healthiest Grocery Store” branding. The regulators argued the mark was “mere descripting,” explaining “A mark is merely descriptive if it describes an ingredient, quality, characteristic, function, feature, purpose or use of an applicant’s good and/or services.”

EXACT Sciences Corporation EXAS 0.35% was up about 0.4 percent after the company granted inducement restricted stock unit awards to recently-hired personnel.

One of the largest gainers of the afternoon was Kingold Jewelry Inc KGJI 1.65%, which spiked up more than 31 percent after the market closed, on the announcement that the company had sold the Kingold Jewelry Cultural Industry Park. The acquirer, Wuhan Lianfuda Investment Management Co., paid RMB 1.14 billion, or roughly $ 171 million.

Tokai Pharmaceuticals Inc TKAI 1.61% was down more than 11 percent in Friday’s after-hours session, after reporting it trimmed its workforce by 60 employees. This should result in approximately $4.2 million in reduced annualized operating expenses, management assured.

Shopify Inc SHOP gained almost 0.5 percent in after-hours trading, after announcing a filing for a shelf offering of $500 million in Class A shares.

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