02:33 PM EDT, 03/22/2024 (MT Newswires) -- Ispire Technology's ( ISPR ) shares sank 27% amid heavy trading after the company said Friday it priced an offering of about 2.1 million shares of common stock at $6 apiece for gross proceeds of $12.3 million.
More than 1.21 million shares traded intraday compared with a daily average of about 101,000.
Sintx Technologies ( SINT ) unveiled Friday plans for a public offering of common shares without disclosing the pricing, size, and closing date.
The company plans to use the proceeds for working capital and general corporate purposes.
Shares slumped nearly 31%, with intraday trading volume at over 5.95 million versus a daily average of roughly 2.37 million.
Lululemon Athletica's ( LULU ) shares tumbled as at least seven analysts reduced their share-price target after the company's sales and earnings guidance for fiscal Q1 and the full year trailed market expectations.
Shares dropped more than 15%, with intraday trading volume at over 17.1 million compared with a daily average of about 1.22 million.
Price: 5.96, Change: -2.15, Percent Change: -26.56