12:40 PM EDT, 09/20/2024 (MT Newswires) -- Battalion Oil ( BATL ) said late Thursday that Fury Resources will acquire the company for $7 per share in cash, without interest, under an amended deal.

Shares of Battalion soared 122% in recent Friday trading as intraday trading volume soared to over 1.17 million from a daily average of about 20,000.

Alliance Entertainment ( AENT ) reported fiscal Q4 net income late Thursday of $2.6 million, compared with a loss of $4.6 million a year earlier. Analysts surveyed by Capital IQ expected net income of $1.9 million.

Shares advanced 20%, with intraday trading volume at 3.76 million versus the stock's daily average of about 27,000.

Banzai International ( BNZI ) said Thursday it is implementing a 1-for-50 reverse stock split, effective immediately, to bring it into compliance with Nasdaq's minimum closing share price requirement.

A day after the company announced the split, shares surged 78%, with intraday trading volume at more than 53.8 million versus a daily average of about 48,000.

Price: 6.52, Change: +3.58, Percent Change: +121.77