A stock that is traded in an after-hours market is called aftermarket movers. In the United States, after-hours markets open at 4 p.m. Eastern Time after stock exchanges close. Even if after-hours trading continues until 8 p.m., the volume usually dwindles much earlier. During after-hours trading, electronic communication networks (ECNs) are used.
When news breaks after the stock exchange close, traders and investors are able to profit from after-market movers. An earnings announcement, for example, can sometimes spur aftermarket movers to act.
Initial news releases may cause a spike in volume, but this usually diminishes as the session progresses. Around 6 p.m., the volume begins to fall dramatically. After business hours, it is risky to trade stocks that are not liquid.
After-hours sessions trade a tiny fraction of the billions of shares that are traded during normal business hours.
Are after-hours markets a good place to make money? Yes, but you have to do some research first.
We’ll talk about today’s best aftermarket movers.
Armstrong Flooring Inc. (AFI) shares were rising 52.02% to trade at $3.01 in after-hours at last check. AFI’s stock gained 1.54% to close Friday’s session at $1.98. The stock volume remained at 1.66 million shares, which was higher than the average daily volume of 0.24 million shares within the past 50 days. AFI shares have fallen by -48.17% over the last 12 months, and they have moved up by 7.03% in the past week. Over the past three months, the stock has lost -36.54%, while over the past six months, it has shed -68.06%. Further, the company has a current market of $41.30 million and its outstanding shares stood at 22.10 million.
At last check in after-hours trading, shares of Fangdd Network Group Ltd. (DUO) were up 14.41% at $0.532. DUO’s stock closed the last session at $0.47, decreasing -5.55% or -$0.02. Shares of the company fluctuated between $0.461 and $0.50 throughout the day. The number of shares exchanged was 1.05 million, less than the company’s 50-day daily volume of 1.66 million and higher than its Year to date volume of 0.56 million. In the past 12 months, the company’s stock has advanced -93.83%, and in the last week, the stock has moved down -10.58%. For the last six months, the stock has lost a total of -84.55%, and over the last three months, the stock has decreased by -57.73%. The stock has returned -93.83% so far this year.
Exicure Inc. (XCUR) is rising on the charts today, up 8.86% to trade at $0.22 at last check in after hours trading. On Friday, shares in Exicure Inc. rise 3.32% to close the day at $0.20. The volume of shares traded was 7.26 million, which is higher than the average volume over the last three months of 2.25 million. During the trading session, the stock oscillated between $0.19 and $0.2149. The company had an earnings per share ratio of -0.72. XCUR’s stock has lost -7.08% of its value in the previous five sessions and -56.95% over the past month but has lost -88.58% on a year-to-date basis. The stock’s 50-day moving average of $0.6540 is above the 200-day moving average of $1.3310. Moreover, the stock is currently trading at an RSI of 18.44.