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After-hours buzz: Pep Boys, Fitbit, Kohl’s & more

Traders work on the floor of the New York Stock Exchange on Dec. 28, 2015.

Check out the companies making headlines after the bell Monday:

Pep Boys stock soared in extended-hours trading. This move came on the heels of activist investor Carl Icahn’s increased bid against competing tire company Bridgestone to acquire Pep Boys. Icahn is the second-largest shareholder with more than 11 percent of the auto parts company.

Rambus shares also climbed higher in after-hours trading. The technology company announced Monday that it has renewed its patent license agreement with Toshiba.

Traders work on the floor of the New York Stock Exchange on Dec. 28, 2015.

Lucas Jackson | Reuters
Traders work on the floor of the New York Stock Exchange on Dec. 28, 2015.

Check out the companies making headlines after the bell Monday:

Pep Boys stock soared in extended-hours trading. This move came on the heels of activist investor Carl Icahn’s increased bid against competing tire company Bridgestone to acquire Pep Boys. Icahn is the second-largest shareholder with more than 11 percent of the auto parts company.

Rambus shares also climbed higher in after-hours trading. The technology company announced Monday that it has renewed its patent license agreement with Toshiba.

Kohl’s stock inched lower after the bell on Monday at a time whenonline retail is hurting brick and mortar sales. Kohl’s stock is down more than 22 percent year-to-date.

Fitbit shares climbed higher in after-hours trading. The wearable fitness device maker’s app was the most downloaded (free app) inApple’s app store on Christmas Day.

Shares of Willis Group Holdings jumped in extended-hours trading. The insurance company announced Monday that it is set to replace Fossiland join the S&P 500 after the close of trading on Jan. 4, 2016. Willis Group is scheduled to merge with Towers Watson around the same time.

— The Associated Press contributed to this report.

 
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