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2021-09-17

After-Hours Stock Movers: AbCellera Biologics, U.S. Steel, Diamondback Energy and more

After-Hours Stock Movers: AbCellera Biologics (Nasdaq: ABCL) 21% HIGHER; announced the U.S. Food and

After-Hours Stock Movers: AbCellera Biologics, U.S. Steel, Diamondback Energy and more

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The neutralizing antibodies, which were authorized together by the FDA in February 2021 to treat early COVID-19 infection, can now also be used together to treat high-risk individuals 12 years of age and older who have not been fully vaccinated against COVID-19 or are not expected to mount an adequate immune response to complete vaccination, and have been exposed to someone infected with SARS-CoV-2 or who are at high risk of exposure in an institutional setting, including a nursing home or prison.\nGritstone Oncology Inc. (Nasdaq: GRTS) 5.1% LOWER; announced a $55.0 million private investment in public equity (PIPE) financing from the sale of 5,000,000 shares of its common stock at a price per share of $11.00. Gross proceeds from the PIPE financings total $55.0 million, before deducting placement agent fees and offering expenses. The PIPE is being led by Frazier Life Sciences Public Fund, with additional participation from Redmile Group and Gilead Sciences.\nDiamondback Energy, Inc. (NASDAQ: FANG) 4.7% HIGHER; announced that it has accelerated its plans to return 50% of Free Cash Flow to stockholders to the fourth quarter of 2021, and the Board of Directors has approved an up to $2.0 billion share repurchase program to complement this return commitment.\nU.S. Steel (NYSE: X) 1.1% LOWER; today provided third quarter 2021 guidance. Third quarter 2021 adjusted EBITDA is expected to be approximately $2.0 billion. 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After-Hours Stock Movers: AbCellera Biologics, U.S. Steel, Diamondback Energy and more

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