Trading after the bell was relatively muted on Thursday, with small-cap biotech names showing modest shifts. Delcath Systems edged higher following its buyback announcement, while BioVie, Cassava Sciences, and Enlivex Therapeutics rebounded despite a lack of fresh headlines.
Delcath Systems, Inc. (DCTH) rose in after-hours trading to $8.52, up 4.02% or $0.33. Earlier in the day, the stock had closed at $8.19, down 3.76% or $0.32. The rebound followed the company's announcement of a $25 million share repurchase program, which carries no expiration date and reflects confidence in its long-term outlook.
BioVie Inc. (BIVI) climbed to $1.44 in extended trading, a gain of 13.39% or $0.17. This came after the stock ended the regular session at $1.27, down 7.30% or $0.10. The after-hours rally occurred despite no company-specific news on Thursday, suggesting speculative or technical-driven activity.
Cassava Sciences, Inc. (SAVA) advanced to $2.87 after the bell, up 9.17% or $0.24. During the regular session, shares had slipped to $2.63, down 4.36% or $0.12. While no new headlines crossed Thursday, investors continue to digest the company's Q3 results reported November 12, which showed a narrower net loss of $10.8 million compared to $27.9 million a year earlier. Cassava ended the quarter with $106.1 million in cash and no debt, down from $128.6 million at year-end 2024.
Enlivex Therapeutics Ltd. (ENLV) edged higher in after-hours trading to $0.95, up 4.24% or $0.04. Earlier, the stock had closed at $0.91, down 2.79% or $0.03. No company-specific news was released Thursday.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.