02:23 PM EDT, 08/23/2024 (MT Newswires) -- Nuwellis ( NUWE ) said Friday it is selling 496,901 shares at $1.845 a share to some institutional investors to raise funds for working capital and general corporate purposes. It will also issue warrants to the investors.

Shares slumped 24%, with intraday trading volume at over 572,000 compared with a daily average of about 411,000.

Red Robin Gourmet Burgers ( RRGB ) shares dropped 7% after reporting sharply wider Q2 loss.

Over 1.78 million shares traded intraday versus a daily average of roughly 514,000.

Farmmi ( FAMI ) said Friday it agreed to sell $1 million worth of stocks and warrants to some institutional investors.

Shares plunged 58% as intraday trading volume soared to over 13 million from a daily average of about 51,000.

Price: 1.31, Change: -0.41, Percent Change: -23.84