Ellington Financial (EFC) Prices 4.6M Share Common Offering at $18.29/Sh

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After-Hours Stock Movers 01/21: (NAVI) (CIT) (IBM) Higher; (NVAX) (BPMC) (ADAP) Lower (more...)

January 21, 2020 5:41 PM EST

Today's After-Hours Stock Movers:

Novavax (NASDAQ: NVAX) 15.2% LOWER; files prospectus supplement relates to the issuance and sale of up to $100,000,000 of our common stock from time to time through or to our sales agent, B. Riley FBR, Inc., or BRFBR

Navient (NASDAQ: NAVI) 6.2% HIGHER; reported Q4 EPS of $0.67, $0.10 better than the analyst estimate of $0.57.

CIT Group Inc. (NYSE: CIT) 5.8% HIGHER; will replace Tanger Factory Outlet... More

Ellington Financial (EFC) Announces 4.6M Share Common Stock Offering

January 21, 2020 4:18 PM EST

Ellington Financial Inc. (NYSE: EFC) (Ellington Financial or the "Company") announced today that it has commenced an underwritten public offering of 4,600,000 shares of common stock. The Company also expects to grant the underwriters an option for 30 days to purchase up to an additional 690,000 shares of... More