01:10 PM EDT, 05/15/2024 (MT Newswires) -- T2 Biosystems ( TTOO ) shares surged Wednesday after it said that it signed agreements to sell about 2.02 million shares of common stock, series A warrants, and series B warrants in a private placement, targeting $8 million in gross proceeds.

Shares surged 38% as intraday trading volume jumped to over 2.3 million from a daily average of about 274,000.

Riskified ( RSKD ) reported on Wednesday Q1 non-GAAP earnings and sales that beat market expectations.

Shares jumped 16%, with intraday trading volume at more than 1.9 million versus a daily average of about 585,000.

iPower (IPW) reported, late on Tuesday, adjusted earnings in fiscal Q3 versus a loss a year ago, and its sales grew quicker than forecast.

Shares soared 35% as intraday trading volume climbed to more than 8 million versus the stock's daily average of about 24,000.

Price: 5.73, Change: +1.57, Percent Change: +37.74