logo
  

After Hours Market: Fuwei Films, Macquarie Infrastructure Gain; Altimmune, FuelCell Energy Slip

Fuwei Films (Holdings) Co., Ltd. (FFHL) - Shares of the Chinese PET film maker gained 16% in after hours trading on top of 23% gain in regular trading. Fuwei Films announced that the open bidding initiated to sell its Dornier production line resulted in a successful bid. Huizhou Yidu Yuzheng Digital Technology won the bidding at a price of RMB138.0 million or about $21.07 million.

Macquarie Infrastructure Corp. (MIC) - Shares of the company rose over 4% in the extended trading session on Wednesday. Macquarie Infrastructure announced it has successfully completed the sale of its International-Matex Tank Terminals business to an affiliate of Riverstone Holdings for $2.67 billion and including assumed debt of around $1.11 billion. The board has authorized the payment of a one-time dividend of $11.00 per share.

Altimmune, Inc. (ALT) - Shares of the clinical-stage biopharmaceutical company slipped 9% in after-hours trading. The company announced that the FDA has issued a clinical hold on its Investigational New Drug application for AdCOVID, a single-dose intranasal COVID-19 vaccine candidate. The agency requested certain protocol modifications and the submission of additional data.

FuelCell Energy, Inc. (FCEL) - Shares of the stationary fuel cell power plants slipped 3% in extended session after gaining nearly 25% in regular trading. Clean energy stocks climbed on Wednesday, driven by provisions in the $900 billion coronavirus relief package that includes extensions on the solar and wind production tax credit.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The five-day holiday shopping period from Thanksgiving Day through Cyber Monday saw about 180 million Americans making in-store and online purchases, according to the National Retail Federation's Annual Thanksgiving Weekend Consumer Survey, conducted by Prosper Insights & Analytics. The shoppers spent an average of $301.27 on holiday-related purchases such as gifts, décor, apparel and toys. Biopharmaceutical company Immunome, Inc. (IMNM) announced Wednesday that it has conducted an assessment of the reported mutations in the new SARS-CoV-2 variant, Omicron (B.1.1.529). Based upon structural mapping of those mutations and activity against previous and current CDC variants of concern,... CVS Health said it has installed time delay safe technology in all 392 Illinois CVS Pharmacy locations, including those in Target stores, to help reduce organized retail crime. The installation of new safes for controlled substances are anticipated to help prevent pharmacy robberies. There is also potential for associated diversion of controlled substance medications, including opioid medications.
RELATED NEWS
Follow RTT