After-Hours Stock Movers
Compass Minerals (NYSE: CMP) 15.8% HIGHER; identified a lithium brine resource of approximately 2.4 million metric tons lithium carbonate equivalent (LCE) at its active Ogden, Utah, solar evaporation site, including an indicated lithium resource within the ambient brine of the Great Salt Lake.
Imara Inc. (Nasdaq: IMRA) 14.5% LOWER; announced that it has commenced a proposed underwritten public offering of $50 million of shares of its common stock. All of the shares are being offered by the Company
CorePoint Lodging Inc. (NYSE: CPLG) 13.2% HIGHER; announced that its Board of Directors, working together with financial and legal advisors, has decided to explore strategic alternatives to maximize stockholder value.
Stable Road Acquisition Company, (NASDAQ: SRAC) 11.1% LOWER; The Securities and Exchange Commission today announced charges against special purpose acquisition corporation Stable Road Acquisition Company, (NASDAQ: SRAC) its sponsor SRC-NI, its CEO Brian Kabot, the SPACs proposed merger target Momentus Inc., and Momentuss founder and former CEO Mikhail Kokorich for misleading claims about Momentuss technology and about national security risks associated with Kokorich. The SECs litigation is proceeding against Kokorich, against whom the SEC filed a complaint in the U.S. District Court for the District of Columbia. All other parties are settling with the SEC, with terms including total penalties of more than $8 million, tailored investor protection undertakings, and the SPAC sponsors forfeiture of founders shares it stands to receive if the merger, currently scheduled for August 2021, is approved.
LeMaitre Vascular, Inc. (Nasdaq: LMAT) 6.9% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock.
A-Rod's Slam Corp (NASDAQ: SLAM) 2% HIGHER; SPAC Said in Merger Talks with Italy's Panini Group - Bloomberg
American Airlines (NASDAQ: AAL) 1.9% HIGHER; expects its second quarter total revenue to be down approximately 37.5% versus the second quarter of 2019. This is an improvement compared to the Company’s prior guidance of down approximately 40%.
L Brands, Inc. (NYSE: LB) 1.8% LOWER; announced today the commencement of an underwritten public secondary offering of 20,041,646 shares of its common stock (the Offering) by Leslie H. Wexner and certain affiliated selling stockholders (collectively, the Selling Stockholders). L Brands will not receive any proceeds from the sale of shares by the Selling Stockholders in the Offering.
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