Market Overview

Pandora,, Infinity Pharmaceuticals Lead Friday's After-Hours Movers

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Pandora Media Inc (NYSE: P) rose 4.5 percent in late trading Friday to $17.77. Privately held competitor Spotify was reportedly close to raising $400 million of new funding that would value Spotify at $8.4 billion.

XOMA Corp. (NASDAQ: XOMA) picked up more than 3 percent in Friday's extended session, changing hands recently at $3.92. The Berkley, California-based drug development company didn't issue news.

Conatus Pharmaceuticals Inc. (NASDAQ: CNAT) rose nearly 2.5 percent to $6.23 in late trading. On Wednesday, the company completed a public offering of 4 million shares at $5.75 a share.

Vanguard Natural Resources LLC (NASDAQ: VNRAP) gained about 2 percent after hours Friday to $24.47. The Houston-based oil and gas company didn't post any news.

Related Link: Netflix Proposes Stock Split, Giant Boost In Authorized Shares Inc. (NASDAQ: SOHU) changed hands in late trading at $58.88, up nearly 2 percent. The Chinese online media, search, gaming, community company's shares are up 8 percent during the past week.

Global Cash Access Holdings Inc. (NYSE: GCA) declined 5.7 percent to $7.24 a share. The casino services company had closed up earlier by more than 6 percent and didn't issue any news.

Infinity Pharmaceuticals Inc. (NASDAQ: INFI) dipped 2.8 percent in after-hours trading, to $14.48, on no clear catalyst. The company closed up 10 percent for the week.

Iridium Communications Inc. (NASDAQ: IRDMB) fell 2.6 percent to $368.37 in late trading. The satellite telephone company didn't communicate any news.

Freshpet Inc. (NASDAQ: FRPT) leaked 2.4 percent to $23.50 in extended trading Friday after closing down more than 5 percent. The pet-food company didn't issue news, but closed for the week up 10 percent.

Alliance Resource Partners, L.P. (NASDAQ: ARLP) dropped 2.3 percent to $33.98 in late trading. The Tulsa, Oklahoma coal miner's shares closed up Friday by a similar percentage.

Posted-In: after hours moversNews Rumors After-Hours Center Movers


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