01:44 PM EST, 02/26/2025 (MT Newswires) -- Flywire ( FLYW ) shares dropped 38% Wednesday amid heavy trading after the company reported a swing to a Q4 net loss in the previous day.
UBS downgraded Flywire ( FLYW ) to neutral from buy and cut its price target to $15 from $25. BTIG also downgraded the stock.
More than 17.3 million shares traded intraday versus a daily average of about 1.37 million.
Geron ( GERN ) reported a wider-than-expected net loss in Q4.
Its shares sank 30%, with intraday trading volume catapulting to over 72 million from a daily average of about 11.6 million.
Grocery Outlet ( GO ) reported a year-over-year decline in fiscal Q4 earnings late Tuesday, missing market expectations.
Deutsche Bank downgraded the stock to hold from buy.
The shares fell 28% as trading volume jumped to over 9.41 million from a daily average of about 1.76 million.
Price: 10.80, Change: -6.84, Percent Change: -38.78