Emerge Energy Services (EMES) Inks Mega Sale-Deal; Oxford Immunotec (OXFD) Boosts Revenue Guidance
Shares of Emerge Energy Services LP (NYSE:EMES) soared more than 10% in the extended session Thursday as the company said that it will sell its fuels business to oil giant Sunoco LP (NYSE:SUN) for $178.5 million, adding that after the sale it will focus on its Sand segment.
EMES stock surged $0.29 (or +2.58%) to $11.51 with a total volume of 1,301,439 shares traded during the day, representing a large increase in activity versus its average volume (3m) of 845,114
Emerge Energy Services, engaged in the businesses of mining, producing, and distributing silica sand, has 24.12M Shares Outstanding, Market Capitalization (intraday) of $277.64M and EMES stock 52-week range is from $1.97 to $37.97 per share
The price of Oxford Immunotec Global PLC (Nasdaq:OXFD) stock closed in negative territory by 2.02% (or -$0.19) at $9.20 on Thursday’s trading session
The diagnostics company has boosted its 2016 revenue guidance – as a result of its acquisition of Imugen, Inc. – by approximately $5.5 million to a range of $79.5 million to $82.5 million
Oxford Immunotec Global, focused on developing and commercializing proprietary tests for the management of immune-regulated conditions, has 22.57M Shares Outstanding, Market Capitalization (intraday) of $207.61M and OXFD stock one-year range is between $8.45 and $14.99 per share
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