Jaguar Health Stock Soars 35% After Hours - Jaguar Health (NASDAQ:JAGX)

Jaguar Health’s shares surged in after-hours trading Monday, jumping 34.67% to $6.37 following a regular-session close of $4.73. In the session, the California commercial-stage pharmaceutical company logged 21.90 million shares traded, about 7.3 times its average 3.01 million, according to Benzinga Pro data. The spike came as the board declared a special dividend of one Series R Convertible Preferred share for each common share outstanding. Holders of record were set for Oct. 13, with payment expected Oct. 15, and each Series R share converting into five common shares on Nov. 2. The company also pushed certain debt-related royalty payments to Jan. 1, 2027.