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Market Overview

5 Stocks Moving In Friday's After-Hours Session

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U.S. markets fell in the last day of the week, driven by tumbling oil prices and fears regarding the Brexit decision. Let’s take a look at some of the stocks moving in Friday’s after-hours session.

Royal Bank of Scotland Group PLC (NYSE: RBS) posted one of the largest moves, gaining about 15.5 percent after the market closed. The spike seemed like a recuperation of  ground lost (6.77 percent) during the day, as shares entered into oversold territory.

Immunomedics, Inc. (NASDAQ: IMMU) was up about 4.25 percent in what also looked like a correction of the 2.56 percent decline seen over the regular session, same as HD Supply Holdings Inc (NASDAQ: HDS), which was up more than 3 percent after-hours after losing 4.38 percent during the day.

Insys Therapeutics Inc (NASDAQ: INSY) plummeted 12.73 percent over Friday, and continued to fall about 2.5 percent after-hours. The decline may have been triggered by news of two former employees being arrested “for allegedly participating in kickback schemes involving doctors who prescribed the company's main drug, Subsys, a pain medication containing fentanyl."

Westlake Chemical Partners LP (NYSE: WLKP) traded down about 1.9 percent in Friday’s after-hours session, driven by the announcement that the company will take over Axiall Corp (NYSE: AXLL) for $33 per share, or roughly $3.8 billion, including debt and other liabilities.

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

 

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Posted-In: M&A News Legal After-Hours Center Movers

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