Market Overview

6 Movers To Keep An Eye On Next Week

6 Movers To Keep An Eye On Next Week

Let’s take a look at Friday’s after-hours movers; investors should monitor these names next Monday.

The biggest gainer on Friday afternoon was Tallgrass Energy GP LP (NYSE: TEGP), which traded up more than 4.4 percent, at $31.21, recuperating much of the ground lost during the trading session, when it fell 5.26 percent. No particular news seemed to be moving the stock in the afternoon, however.

In the NASDAQ exchange, BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) is surging the most in after-hours. After an almost-flat day, the stock rose about 2.5 percent since the bell rang, once again, on no particular news.

NCR Corporation (NYSE: NCR), which surged 2.56 percent during Friday trading, continued to rise in after-hours, reacting to a Reuters article that claimed privately-held Thoma Bravo LLC is considering making a bid of approximately $9 billion, including debt, for NCR.

The note reminds investors about last month’s bid. Blackstone Group LP (NYSE: BX), also up in after-hours, and The Carlyle Group LP (NASDAQ: CG), the world's largest private equity firms, had decided to join forces to outbid other interested buyers, sources said at the time.

Micro-cap royalty trust Mesabi Trust (NYSE: MSB) was the biggest loser of the afternoon. The stock fell more than 5.5 percent, to $11.50, in after-hours, following the announcement that the company declared a distribution of $0.04 per unit, down from $0.32 per unit, year-over-year.

Finally, recently spun-off Paypal Holdings Inc (NASDAQ: PYPLV), rose almost 1 percent in after-hours trading after losing 0.62 percent during its first day on the markets.


Related Articles (BCRX + TEGP)

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