Google extends rise after results; Lumera active

Google extends rise after results; Lumera active

-- Google Inc. shares continued to gain ground in late trading Friday, building on a nearly 8% rise during the regular session following the search giant's surge in quarterly profit and sales.
The Nasdaq-100 After Hours Indicator, which tracks the evening trading of the index's leading technology stocks, was off 0.17 points to 1,709.41.

Google shares picked up 48 cents to end at $460.15 extending their 7.9% increase during the day. Late Thursday, the company said its quarterly profit almost doubled on stronger sales. A number of Wall Street analysts raised their price targets on Google's stock and three set price targets of $600 for the shares. See full story.

Shares of Lumera Corp. topped volume movers during the late session, and closed down 3.8% at $6.41. From Monday through the close of regular trading Friday, the stock has jumped 33% after the electronics manufacturer said that tests of its millimeter-wave wireless bridge were successful.

The system allows for the transmission of large amounts of data through a variety of high-speed telecommunications networks, the company said.