10 Stocks Moving On Friday's After-Hours Trading Session

Shares of Novocure Ltd NVCR were trading up more than 24 percent on Friday’s after-hours session, after new Phase 3 data showed that “glioblastoma patients who received TTFields in combination with chemotherapy at first recurrence lived significantly longer than patients who received chemotherapy alone.”

On the other hand, TerraForm Power Inc TERP lost more than 7 percent since the bell rang on no particular news. It seems like the decline was only a correction of the 9.65 percent surge seen during the day, which had been triggered by the disclosure of an increased stake by hedge fund BlueMountain Capital Management.

Back to gainers, there’s KaloBios Pharmaceuticals Inc KBIO, which continued to escalate, about 2 percent, in after-hours trading, after having climbed 75.48 percent during the day. The after-hours move looks like nothing more than a continuation of the huge increase experienced by the stock price over the past couple of days, triggered by the disclosure of noted biotech investor Martin Shkreli’s stake, comprising 29 percent of the company’s outstanding stock, and the posterior appointment of the investor as the the company’s new CEO and Chairman of the Board.

Related Link: What To Do When A Penny Stock Goes Crazy: Lessons From KaloBios

• Other stocks moving on Friday’s after-hours trading session included:
• Verisign, Inc. VRSN, down more than 3 percent
• Lululemon Athletica inc. LULU, up almost 3 percent
• MRC Global Inc MRC, up roughly 4 percent
• AVG Technologies NV AVG, down 6.7 percent
• Accuride Corporation ACW, up over 3 percent
• Akamai Technologies, Inc. AKAM, down roughly 2.2 percent
• Tilly's Inc TLYS, down approximately 6 percent.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.