01:12 PM EDT, 05/09/2024 (MT Newswires) -- EMCORE ( EMKR ) shares sank 61% amid heavy trading after the company reported late Wednesday sequentially weaker financial results for fiscal Q2.

More than 4.3 million shares traded intraday compared with a daily average of about 130,000.

EPAM Systems ( EPAM ) reported Thursday lower Q1 adjusted earnings and revenue and cut its full-year revenue outlook.

Shares slumped 25%, with intraday trading volume at over 2.21 million versus a daily average of about 514,000.

Airbnb ( ABNB ) late Wednesday offered a muted outlook for Q2, taking the shine off its consensus-beating Q1 results.

Shares dropped 6.4%, with intraday trading volume at over 9.19 million compared with a daily average of about 4.59 million.

Price: 1.12, Change: -1.78, Percent Change: -61.38