Avaya +3.9% on reports of company auction plans

Apr. 08, 2019 5:06 PM ETAvaya Holdings Corp. (AVYA)AVYABy: Jason Aycock, SA News Editor

Avaya Holdings (NYSE:AVYA) is up 3.9% after hours amid Bloomberg headlines that the company is planning an auction to sell itself.
That comes after some unsolicited interest from bidders.
Shares rose 3.1% and hit their highest point since March 25 during the regular session; after hours, they're quoting at $18.45, a height they haven't touched since mid-October.