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May 28, 2024 10:53 AM

01:39 PM EDT, 05/28/2024 (MT Newswires) -- Insmed ( INSM ) was surging past 108% amid heavy trading after the company said Tuesday its experimental drug, brensocatib, to treat bronchiectasis lung disease met its primary endpoint.

More than 24.6 million shares traded intraday versus a daily average of roughly 1.77 million.

Pineapple Energy ( PEGY ) said late on Friday that its New York-based subsidiary SUNation signed a 1.95-megawatt project.

Shares surged 66% as intraday trading volume catapulted to over 600 million from a daily average of about 58.8 million.

Calliditas Therapeutics ( CALT ) shares surged after its board urged shareholders to accept a proposed $1.06 billion takeover by Asahi Kasei.

Shares soared 73% as intraday trading volume climbed to nearly 195,000 versus the stock's daily average of almost 5,000.

Price: 45.70, Change: +23.70, Percent Change: +107.70

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