02:31 PM EST, 11/06/2024 (MT Newswires) -- Zoomcar Holdings ( ZCAR ) said Wednesday that it priced a private placement with certain institutional investors for expected gross proceeds of about $9.2 million.

Shares slumped 49%, with intraday trading volume at over 1.1 million compared with a daily average of about 640,000.

Tango Therapeutics ( TNGX ) shares fell 41% amid heavy trading after the company reported a wider Q3 net loss.

Wedbush Securities adjusted the company's price target to $9 from $13 while maintaining its outperform rating.

More than 10.3 million shares of Tango Therapeutics ( TNGX ) traded intraday compared with a daily average of about 1.05 million.

Super Micro Computer ( SMCI ) shares plunged after the company's fiscal Q2 guidance missed analysts' expectations. The company remains delinquent on its form 10-K filing for the fiscal year ended June 30.

Shares fell 22%, with intraday trading volume at more than 94.9 million versus a daily average of about 77.5 million.

Price: 6.71, Change: -6.49, Percent Change: -49.14