01:49 PM EDT, 04/02/2024 (MT Newswires) -- VivoPower International's ( VVPR ) shares more than quadrupled intraday after the company's Tembo unit said Tuesday it signed a pact to exclusively negotiate a business combination with Cactus Acquisition Corp.1 (CCTS), a special-purpose acquisition firm.

Shares catapulted past 384% Tuesday afternoon as intraday trading volume soared to over 101 million from a daily average of about 45,000.

Ashford (AINC) shares soared amid heavy trading Tuesday afternoon after the company said late Monday that a special committee of independent and disinterested directors recommended, and its board approved, a plan to terminate the company's common-stock registration and delist its shares from the NYSE American.

Shares more than doubled as intraday trading volume shot to more than 17.5 million from a daily average of about 8,700.

GSI Technology ( GSIT ) said two of its "high capacity, low power" server products have gone into production.

The company said Tuesday it has "proven differentiated capabilities" in database search and high-performance computing applications such as facial recognition, drug discovery, and object detection.

Shares jumped 42% as intraday trading volume rose to more than 4.2 million versus the stock's daily average of about 406,000.

Price: 7.07, Change: +5.61, Percent Change: +384.25