That’s how Amplify Energy Corp. (NYSE: AMPY) shares dropped in the late-night trading session

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Amplify Energy Corp. (NYSE: AMPY) stock value dropped -19.33% to $1.21 in the after-hours after Company announced the commencement of an underwritten public offering of 8,548,485 shares of its common stock by certain of its stockholders, which are affiliates of Fir Tree Capital Management L.P. Amplify will not sell any shares of its common stock in the offering and will not receive any proceeds therefrom. Roth Capital Partners is acting as the Sole Manager for the offering.

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