After-market Movers For May 13 (CSCO, JCP, SHAK, VIPS, VBLT, ISSI)

(RTTNews) - Gainers:

Shake Shack Inc. (SHAK) gained 8 percent to $73.90. The company slipped to a loss in its first quarter due to after-tax expenses associated with its initial public offering. Adjusted pro forma net income doubled from the year-ago quarter and topped Street view. Revenue also came in above the consensus estimate. Meanwhile, the company raised its 2015 revenue guidance, which is in line with Street view.

Vipshop Holdings Ltd. (VIPS) was up 4 percent to $27.80 as its first quarter earnings and revenues jumped from the year-ago period. The company also guided second quarter revenues to grow 71 to 75 percent year-over-year.

Vascular Biogenics Ltd. (VBLT) rose 13 percent to $4.63 as it announced its plan to present positive Phase 1/2 data for VB-111 in recurrent platinum-resistant Mullerian cancer at ASCO Annual Meeting.

Decliners:

Cisco Systems, Inc. (CSCO) was down half a percent to $29.20 despite reporting third quarter adjusted earnings per share and revenue above analysts' expectations.

J. C. Penney Company, Inc. (JCP) fell 1 percent to $8.64. The company's first quarter net loss narrowed from the year-ago quarter. Total net sales for the quarter improved 2.0 percent, but missed the consensus estimate marginally. At the same time, the company increased its 2015 expectations for comparable store sales and gross margin.

Trading halt:

Trading in shares of Integrated Silicon Solution Inc. (ISSI) was halted.