Stocks that are traded after the close of usual business hours are after market movers. Although after-hours trading continues until 8 p.m., the volume of after hour movers drops earlier rather than later.
At 4 pm in the United States, after hours markets open as soon as the main markets close. As a result, traders and investors are able to take action based on breaking news following the close of the market.
Volume usually spikes right after an earnings announcement, but the spike subsides as the session progresses. The volume drops precipitously as the session wraps up.
Compared with the regular business hours, after hour movers represent a very small percentage of total stock trades during the late session. For after hour movers, electronic communication networks (ECNs) are mainly used.
Best After Hour Movers Stocks:
Do you think trading after hour movers can bring you any benefits? Most definitely, but you must first conduct research. Here we have collected for you few best after hour movers stocks for you, after a complete research.
Here are today’s best after hours movers.
Mullen Automotive Inc:
Mullen Automotive Inc. (MULN) shares were rising 16.39% to trade at $0.71 in after-hours at last check. MULN’s stock lost -2.71% to close Tuesday’s session at $0.61. The stock volume remained 56.52 million shares, which was higher than the average daily volume of 3.53 million shares within the past 50 days. MULN shares have fallen by -94.78% over the last 12 months, and they have moved down by -42.99% in the past week. Over the past three months, the stock has lost -93.98%, while over the past six months, it has shed -94.40%. Further, the company has a current market of $26.46 million and its outstanding shares stood at 17.47 million.
Hims& Hers Health Inc:
At last check in after-hours trading, shares of Hims& Hers Health Inc. (HIMS) were up 14.76% at $4.82. HIMS’s stock closed last session at $4.20, decreasing -4.55% or -$0.2. Shares of the company fluctuated between $4.15 and $4.52 throughout the day. The number of shares exchanged was 5.51 million, greater than the company’s 50-day daily volume of 2.27 million and higher than its Year to date volume of 2.24 million. In the past 12 months, the company’s stock has advanced -76.05%, and in the last one week, the stock has moved down -7.69%. For the last six months, the stock has lost a total of -42.31%, and over the last three months, the stock has decreased by -42.54%. The stock has returned -35.88% so far this year.
Overstock.com Inc. (OSTK) shares have gained 9.19% at $39.80 in Tuesday’s afterhours session. Overstock.com Inc.’s stock subtracted -8.21% to finish last trading session at $36.45. The stock recorded a trading volume of 4.13 million shares, which is below the average daily trading volume published for the last 50 days of 1.77 million shares. The shares of Overstock.com Inc. have advanced -22.95% in the last five days; however, they have lost -10.79% over the last one month. The stock price has shed -66.23% over the last three months and has lost -58.65 percent so far this year. Further, the stock is being traded at a price to earnings ratio of 11.61. Additionally, it has a price to cash flow ratio of 12.55 and its price to sales ratio stands at 0.59.