Facebook (FB) confirms pricing of IPO at $38; CRM +6.9%, ADSK -7.9%, ARUN -7.0% Following Earnings/Guidance

Facebook (FB) confirms pricing of initial public offering of 421,233,615 shares of common stock at $38 per share, at high end of revised $34-38 expected range.

After Hours Gainers:

Companies trading higher in after hours in reaction to earnings

 CRM +6.9%, GPS +3.6%, MRVL +2.6%.

Companies trading higher in after hours in reaction to news

 KMI +3.8% (Kinder Morgan (KMI) will replace El Paso Corp. (EP) in the S&P 500 index).

BSX +3.3% (Boston Scientific announces FDA approval and U.S. launch of EPIC vascular stent), SCHN +1.3% (Schnitzer Steel provides market outlook for third quarter of fiscal 2012: nonferrous selling prices are expected to increase 5-10%)

After Hours Losers:

Companies trading lower in after hours in reaction to earnings

 ADSK -7.9%, ARUN -7.0%, SQNM -6.9%.

Companies trading lower in after hours in reaction to news

 SANW -8.1% (S&W Seed Co anounces public offering of common stock),