American Homes 4 Rent (AMH) Prices 16.3M Share Class A Upsized Common Offering

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American Homes 4 Rent (AMH) PT Raised to $38 at Morgan Stanley

May 21, 2021 2:31 AM EDT

Morgan Stanley analyst Richard Hill raised the price target on American Homes 4 Rent (NYSE: AMH) to $38.00 (from $36.00) while maintaining a Equalweight rating.... More

After-Hours Stock Movers 05/20: (UONE) (RFIL) (DECK) Higher; (PLUS) (MAXN) (AMH) Lower (more...)

May 20, 2021 5:59 PM EDT

After-Hours Stock Movers

Urban One (NASDAQ: UONE) 14.6% HIGHER; adds to 59% intra-day gain on news the City of Richmond, Virginia announced that it has selected the Companys wholly owned unrestricted subsidiary RVA Entertainment Holdings, LLC, as the Citys preferred casino gaming operator to develop and operate a casino resort in Richmond.

RF Industries, Ltd, (NASDAQ: RFIL) 7.5% HIGHER; announced it has received a $7.6 million follow-on order from its new tier-1 wireless carrier customer at the Company's... More

American Homes 4 Rent (AMH) Announces Proposed 14M Class A Share Common Offering

May 20, 2021 4:05 PM EDT

American Homes 4 Rent (NYSE: AMH) today announced that it has commenced an underwritten public offering of 14,000,000 of its Class A common shares of beneficial interest, $0.01 par value per share ("Class A common shares"), of which 5,500,000 shares will be offered directly by the Company, and 8,500,000 shares will be offered, at the request of the Company, by the forward purchasers (as defined below) or their respective affiliates in connection with the forward sale agreements described below. The underwriters have been granted a 30-day option to purchase an aggregate of up to an additional 2,100,000 Class A... More