After-Hours Stock Movers 01/11: (BBBY) (ALLY) (DASH) Higher; (BIIB) (RC) (SI) Lower (more...)

January 11, 2022 5:46 PM EST

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After-Hours Stock Movers:

Biogen (NASDAQ: BIIB) 7% LOWER; Medicare Limits Coverage Of Biogen (NASDAQ: BIIB) Alzheimer's Drug.

Bed Bath & Beyond (NASDAQ: BBBY) 5% HIGHER; sees a cluster of insider buys.

Ready Capital Corporation (NYSE: RC) 2.8% LOWER; Announced that it is commencing an underwritten public offering of 6,000,000 shares of common stock.

Ally Financial Inc. (NYSE: ALLY) 2.4% HIGHER; announced today that its board of directors has authorized the company to repurchase up to $2.0 billion of its common stock, effective until Dec. 31, 2022. Ally recently completed a $2.0 billion share repurchase program in 2021, and expects to begin repurchasing shares in the first quarter of 2022. Additionally, the board of directors declared a quarterly cash dividend of $0.30 per share of the company's common stock, representing a 20% increase compared to the company's prior quarterly cash dividend. The dividend will be payable on Feb. 15, 2022 to stockholders of record on Feb. 1, 2022.

Eli Lilly and Company (NYSE: LLY) 2% LOWER; falls on Biogen CMS headlines.

DoorDash Inc. (NYSE: DASH) 1.7% HIGHER; Evercore ISI upgraded from In Line to Outperform with a price target of $256.00.

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