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Top Midday Decliners
Aug 13, 2024 11:39 AM

02:28 PM EDT, 08/13/2024 (MT Newswires) -- Starbucks ( SBUX ) has poached Chipotle Mexican Grill ( CMG ) Chief Executive Brian Niccol, who will assume the top role at the coffee giant next month.

Shares of Chipotle slid 7% as intraday trading volume climbed to over 85.8 million compared with the stock's daily average of about 17.8 million.

Syros Pharmaceuticals ( SYRS ) shares slumped after the company said late Monday that it plans to stop enrolling new patients in its phase 2 trial of a treatment candidate for acute myeloid leukemia.

Shares sank 62% as intraday trading volume catapulted to more than 4.4 million versus a daily average of about 117,000.

Ascent Solar Technologies ( ASTI ) said Tuesday it will complete a 1-for-100 reverse stock split before the market opens on Thursday.

The company expects the reverse split to increase its per-share and bid price of its common stock above Nasdaq's required $1 minimum bid price for continued listing on the exchange.

Shares slumped 29% as intraday trading volume stood at over 13.3 million from a daily average of roughly 28.2 million.

Price: 93.82, Change: +16.79, Percent Change: +21.80

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