Vivus ( Nasdaq:VVUS) drop and bounced after hours and 8.5 million secondary offering February 28th, 2012

Vivus ( Nasdaq:VVUS) drop and bounced after hours and 8.5 million secondary offering February 28th, 2012

Other afterhours stocks that moved tonight Feb 28th were:

up: VVUS AAPL  SINA  PAAS AGO UA PSS

down : TAL KOG CSIQ FSLR EXLP DWA PANL

 

What did VVUS do after hours ( after the market closed?) initially it dropped then bounced back up – see chart below

How much is the Vivus ( VVUS ) Secondary offering ?

its 8.5 million shares

The underwriter J.P. Morgan ( NYSE:JPM ) also has a 30day option to purchase 1,275,000 additional shares to cover over allotment on the common shares

After hours chart — double click to see it clearer

Seems to be up at the time of this post – I’ll keep an eye on it in the coming days into those key levels

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

News here:

http://finance.yahoo.com/news/VIVUS-Announces-Proposed-pz-2438249744.html?x=0

 

Enjoy

Stockguy22

 

 

 

Posted in Breaking News, Charting & Analysis