logo
  

After Market Hours: Sonoma Pharmaceuticals, Ashford Hospitality Trust, Kezar Life Sciences Gain

Sonoma Pharmaceuticals, Inc. (SNOA) - Share of the company jumped 17% on Thursday after-hours session. Sonom aannounce that its partner MicroSafe Group received approval by Health Canada for their patented and trademarked Nanocyn Disinfectant & Sanitizer, which is manufactured by Sonoma using its patented Microcyn Technology, to be sold into Canada through an interim measure for disinfectants and hand sanitizers.

Ashford Hospitality Trust, Inc. (AHT) - Shares of the company gained 9% in extended session. Cygnus Capital Inc., one of the largest stockholders of Ashford Hospitality Trust, Inc. owning about 7.8%, issued an open letter to the company's stockholders urging them to vote at against AHT's recently launched exchange offers of preferred stock for common stock that will dilute common stockholders by about 94%.

Kezar Life Sciences, Inc. (KZR) - Shares of the clinical-stage biotechnology company jumped 9% after the bell. Kezar released highlighted data from the Phase 1b portion of the MISSION study demonstrating safety, tolerability and early efficacy signals of KZR-616 in patients with systemic lupus erythematosus and lupus nephritis.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The Federal Trade Commission or FTC, has sued Walmart for allowing its money transfer services to be used by fraudsters, who fleeced consumers out of hundreds of millions of dollars. The retail giant is alleged to have looked the other way to pocket millions in fees while scammers took advantage of its failure to properly secure the money transfer services offered at Walmart stores. Home improvement retailer Bed Bath & Beyond, Inc. (BBBY) reported on Wednesday a net loss for first quarter that sharply widened from last year, hurt by hefty transient costs related to inventory markdown reserves and port-related supply chain fees. Both adjusted loss per share and net sales missed analysts' expectations. Tesla Inc. laid off about 200 employees in its Autopilot unit as the luxury electric car maker closed down its office in San Mateo, California as part of cost cutting efforts, reports said. The San Mateo office, where employees worked on improving the driver assistance systems, marketed as Autopilot, had about 350 employees before the cut.
RELATED NEWS
Follow RTT