Silvergate Capital (SI) Prices 3.31M Share Offering at $145/sh

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After-Hours Stock Movers 12/06: (ACAD) (MDB) (DWAC) Higher; (HQY) (OWL) (SI) Lower (more...)

December 6, 2021 5:27 PM EST

After-Hous Stock Movers

HealthEquity (NASDAQ: HQY) 26% LOWER; reported Q3 EPS of $0.35, in-line with the analyst estimate of $0.35. Revenue for the quarter came in at $180 million versus the consensus estimate of $185.05 million. HealthEquity sees FY2022 EPS of $1.30-$1.35, versus the consensus of $1.48. HealthEquity sees FY2022 revenue of $750-755 million, versus the consensus of $762.3 million.

Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) 23.8% HIGHER; announced positive top-line results from the pivotal, Phase 3 Lavender study evaluating the efficacy and safety of trofinetide in 187 girls and young... More

Silvergate Capital (SI) Launches $400M Share Offering

December 6, 2021 4:05 PM EST

Silvergate Capital Corporation (NYSE: SI) announced today the launch of an underwritten public offering of $400 million of shares of Class A common stock. The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $60 million of shares of Class A common stock.

The Company intends to use the net proceeds from the proposed offering to further supplement the regulatory capital levels of the Company and its wholly-owned subsidiary, Silvergate Bank (the Bank), and for other general corporate purposes, which may include providing capital to support the Companys growth... More

Silvergate Capital Corp. (SI) PT Raised to $260 at Morgan Stanley

December 6, 2021 2:13 AM EST

Morgan Stanley analyst Ken Zerbe raised the price target on Silvergate Capital Corp. (NYSE: SI) to $260.00 (from $181.00) while maintaining a Overweight rating.... More