02:07 PM EDT, 09/11/2025 (MT Newswires) -- Robin Energy ( RBNE ) said Thursday it priced an offering of about 5.8 million shares at $1.30 each, targeting gross proceeds of $7.5 million.
Shares slumped 39% as intraday trading volume rose to over 12.5 million from a daily average of about 4.56 million.
Avidity Biosciences' ( RNA ) shares declined 14% amid heavy trading intraday after the company disclosed late Wednesday plans for a $500 million offering of common shares.
More than 7.66 million shares traded intraday compared with a daily average of about 2.69 million.
Sadot Group ( SDOT ) said Thursday that it will effect a 1-for-10 reverse stock split of its common stock primarily to gain compliance with the minimum $1 per share requirement for continued listing on Nasdaq.
Shares slid more than 15%, with intraday trading volume at over 811,000, versus the stock's daily average of about 458,000.
Price: 1.40, Change: -0.91, Percent Change: -39.35