01:49 PM EDT, 06/07/2024 (MT Newswires) -- Biomea Fusion ( BMEA ) shares plummeted 64% in intraday trading after the company said the US Food and Drug Administration placed a full clinical hold on early trials of its investigational covalent menin inhibitor BMF-219 in type 2 and type 1 diabetes.

Volume topped 9.3 million shares versus the daily average of about 952,000.

GameStop ( GME ) reported fiscal Q1 sales fell from a year earlier, missing the average estimate of two analysts.

Keith Gill, known as "Roaring Kitty" on YouTube and X, showed his positions in GameStop ( GME ) during a YouTube livestream.

Shares sank 38% as volume soared to 230 million versus the daily average of about 31.2 million.

Morgan Stanley downgraded Gen Digital ( GEN ) to equalweight from an overweight rating and cut the price target to $27 from $28.

Gen Digital ( GEN ) dropped 3.5% as volume topped 4.14 million versus the daily average of about 4.62 million.

Price: 4.04, Change: -7.23, Percent Change: -64.15