02:14 PM EDT, 07/31/2024 (MT Newswires) -- Humana (HUM) shares slumped nearly 10% Wednesday after the company warned of higher-than-expected inpatient hospital admissions even as its Q2 financial results topped market estimates.
More than 2.7 million shares traded intraday compared with a daily average of about 1.39 million.
IMUNON ( IMNN ) said Wednesday that it is selling 5 million registered shares of its common stock and unregistered warrants for purchasing up to 5 million shares at a purchase price of $2 per share and accompanying warrant.
Shares sank 57% as intraday trading volume catapulted to more than 13.8 million versus a daily average of about 2.43 million.
JPMorgan downgraded Definitive Healthcare ( DH ) to underweight from neutral and cut its price target to $5 from $7.
Shares sank 33% as intraday trading volume soared to over 7.6 million shares versus the stock's daily average of about 893,000.
Price: 364.67, Change: -39.85, Percent Change: -9.85