Independence Realty Trust (IRT) Prices 9M Share Common Offering at $15.30/Sh

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Pre-Open Stock Movers 02/20: (IOTS) (STMP) (ETFC) Higher (TVTY) (SIX) (OSUR) Lower (more...)

February 20, 2020 9:19 AM EST

Today's Pre-Open Stock Movers

Adesto Technologies (NASDAQ: IOTS) 55.2% HIGHER; Dialog Semiconductor plc, a leading provider of power management, charging, AC/DC power conversion, Wi-Fi and Bluetooth® low energy technology, and Adesto Technologies Corporation (Adesto) (NASDAQ: IOTS), a leading provider of innovative custom integrated circuits (ICs) and embedded systems for the Industrial Internet of Things (IIoT) market, today announced they have signed a definitive agreement for Dialog to acquire all outstanding shares of Adesto.

Tivity Health, Inc. (NASDAQ: TVTY)... More

After-Hours Stock Movers 02/19: (STMP) (ZG) (CAR) Higher (TVTY) (OSUR) (AXGT) Lower (more...)

February 19, 2020 5:43 PM EST

Today's After-Hours Stock Movers

Tivity Health, Inc. (NASDAQ: TVTY) 32.4% LOWER; reported Q4 EPS of $0.40, $0.15 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $272.8 million versus the consensus estimate of $275.15 million. Tivity Health, Inc. sees Q1 2020 revenue of $335-350 million, versus the consensus of $363.4 million. Tivity Health, Inc. sees FY2020 revenue of $1.243-1.285 billion, versus the consensus of $1.34 billion. Tivity Health Announces Departure of CEO Donato J. Tramuto and Appoints Healthcare Veteran as Interim CEO

Stamps.com (NASDAQ: STMP)... More

Independence Realty Trust (IRT) Announces Proposed 8.5M Share Common Offering

February 19, 2020 4:59 PM EST

Independence Realty Trust, Inc. (NYSE: IRT) today announced that it is commencing an underwritten public offering of 8,500,000 shares of common stock, par value $0.01 per share, in connection with the forward sale agreement described below. IRT expects to grant the underwriters a 30-day option to purchase up to 1,275,000 additional shares of common stock.

KeyBanc Capital Markets and BMO Capital Markets are acting as joint book-running managers of the offering.

IRT expects to enter into a forward sale agreement with Bank of Montreal (the forward... More

Independence Realty Trust (IRT) PT Raised to $15.75 at Citi

February 19, 2020 7:10 AM EST

Citi analyst Michael Bilerman raised the price target on Independence Realty Trust (NYSE: IRT) to $15.75 (from $13.70) while maintaining a Neutral rating.... More