Shares of Solazyme Inc SZYM lost more than 3 percent in Friday’s after-hours session, following the announcement of the entry into a joint venture with Bunge Global Innovation, LLC. The agreement stipulates the creation of a joint venture for the production of triglyceride oils in Brazil, which will be sold in the Brazilian market.
C&J Energy Services, Ltd. CJES fell more than 3 percent after the bell rang on no particular news. The decline could be a correction of the 3.96 percent surge seen during Friday’s regular session.
On the other hand, IXYS Corporation IXYS, which tumbled 1.11 percent after missing revenue and earnings estimates on Thursday, gained about 2.5 percent after hours, recuperating much of the ground lost.
Similar was the case of Alimera Sciences Inc ALIM, which fell 1.63 percent during the day following the company’s earnings report on Thursday, but recovered about 2.3 percent after hours.
Other stocks recuperating from the decline that followed their earnings call were Lexmark International Inc LXK, which was up almost 2 percent after the market closed, and Manning and Napier Inc MN, up about 1.7 percent.
Finally, Mobileiron Inc MOBL was the big gainer of the afternoon, up more than 5 percent.
Other stocks surging in after-hours trading included:
- Alamos Gold Inc. Class A AGI, up 3.45 percent
- Spirit Airlines Incorporated SAVE, up almost 2 percent
- Allergan PLC AGN, up 2.2 percent
- Weight Watchers International, Inc. WTW, up 1.8 percent
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
