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New York-based REIT $SSS said that it priced an underwritten public offering of 6,000,000 shares of its common stock at $100.00 per share. The company intends to use the net proceeds to partially fund the acquisition of LifeStorage totaling 84 properties for $1.3 billion, debt prepayment, and general corporate purpose.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.