2 Stocks Making Shocking Gains After-Hours Wednesday

On a day like today, it's surprising to hear that a few stocks managed to post double-digit percentage gains. After seeing intense volatility throughout the day, only the Dow Jones Industrial Average (DJINDICES: ^DJI) managed to eke out a tiny gain among major market indexes. The Nasdaq Composite (NASDAQINDEX: ^IXIC) and S&P 500 (SNPINDEX: ^GSPC) saw significant losses of as much as 2%.

Data source: Yahoo! Finance.

Despite the gloomy market environment, positive news after the closing bell led to substantial rebounds for a couple of companies. Both ServiceNow (NYSE: NOW) and Impinj (NASDAQ: PI) earned the favor of their investors following their latest financial reports, and as you can see from the analysis of the results below, the big gains could bring longer-term upward trends for the prospects of the two businesses.

ServiceNow keeps growing

Shares of ServiceNow climbed nearly 13% in after-hours trading Wednesday. The software-as-a-service platform provider for digital workflow management reported third-quarter results that showed it continues to find ways to grow even in a tough environment.