02:03 PM EDT, 03/27/2024 (MT Newswires) -- Gamida Cell ( GMDA ) shares tumbled more than 82% amid heavy trading after the company reported Wednesday a higher-than-expected Q4 net loss per share.

More than 111 million shares traded intraday compared with a daily average of about 3.1 million.

Direct Digital ( DRCT ) shares sank after the company swung to a loss late Tuesday while reporting lower-than-expected Q4 sales.

Roth MKM adjusted the company's share-price target to $19 from $27.50, while maintaining its buy rating.

Shares slumped more than 41% in recent trading, with intraday trading volume at over 1.3 million versus a daily average of about 261,000.

Forge Global ( FRGE ) reported a wider-than-expected loss in Q4 late Tuesday, with revenue also coming in a touch shy of market projections.

Shares dropped more than 26% after midday Wednesday, with intraday trading volume at over 2.8 million compared with a daily average of about 646,000.

Price: 0.06, Change: -0.28, Percent Change: -82.65