01:34 PM EST, 02/11/2025 (MT Newswires) -- Columbus McKinnon ( CMCO ) disclosed plans late Monday to acquire privately held Kito Crosby from funds managed by KKR (KKR) through a transaction valued at around $2.7 billion.

The industrial equipment company also reported a year-over-year decline in fiscal Q3 non-GAAP net income and revenue.

Shares slumped 42% following a surge in intraday trading volume to over 3.07 million from a daily average of roughly 212,000.

Fluence Energy ( FLNC ) stock was 49% lower after reporting a wider fiscal Q1 loss and cutting its 2025 sales outlook late Monday.

Intraday trading volume catapulted to over 36 million shares versus a daily average of about 3.52 million.

Harmonic (HLIT) reported late Monday 2025 financial outlook that trailed analysts' projections.

Shares slid 14% as intraday trading volume rose to over 4.94 million from the stock's daily average of about 1.02 million.

Price: 20.46, Change: -15.02, Percent Change: -42.33