Market Overview

7 Stocks Moving In Monday's After-Hours Session

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Shares of Newfield Exploration Co. (NYSE: NFX) were trading up more than 16 percent in Monday’s after-hours session. The surge looks like a correction of the 5.77 percent decline that the stock experienced over the day. Imperial Capital initiated coverage on the stock with an Outperform rating and $27 price target, which implied an upside of more than 7 percent from Monday’s opening price of $25.19.

Another stock registering big moves after the bell rang was Teck Resources Ltd (USA) (NYSE: TCK), up almost 11 percent in what also may be a correction of the 9.95 percent tumble seen over the regular session. Barclays’ downgrade of the stock from Equal-weight to Underweight and the reduction of its price target from $11.00 to $4.00.

Relypsa Inc (NASDAQ: RLYP) was up more than 9 percent after the company announced "results from Phase 1 in vivo studies in healthy volunteers evaluating potential drug-drug interactions between Veltassa and 12 drugs administered either at the same time or three hours apart."

Among the biggest losers of the afternoon:

  • Primero Mining Corp (NYSE: PPP), down about 3 percent.
  • NGL Energy Partners LP (NYSE: NGL), down roughly 2.8 percent.
  • Banco Santander, S.A. (ADR) (NYSE: SAN), down approximately 2.7 percent.
  • Habit Restaurants Inc (NASDAQ: HABT), down more than 1.5 percent.

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

Posted-In: Earnings News After-Hours Center Movers

 

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