Check d cash in ones checks out the companies making headlines after the bell:
Tempur Sealy Oecumenical shares jumped more than 8 percent in after-hours trading arising reports that competitor Mattress Firm is preparing to file for bankruptcy. Reuters announced on Tuesday that Mattress Firm could file for bankruptcy as in due course as this week. Mattress Firm has been owned by South African retail conglomerate Steinhoff Global Holdings since 2016.
JC Penny stock surged nearly 11 percent in the enlarged session after the company announced it had appointed Jill Soltau as CEO. Soltau gratified as CEO of crafts and fabrics retailer Joann Stores since 2015. J.C. Penny had been without a CEO since the hasty departure of Marvin Ellison in May, who left to become CEO of Lowe’s.
Epizyme shares hew down more than 7 percent in after-hours trading after the company signaled a proposed offering of common stock. The terms of the offering have not been announced. The pharmaceutical company plots to use the proceeds to fund “global development and commercialization costs” of its cancer narcotic.