01:18 PM EST, 01/31/2025 (MT Newswires) -- PLBY Group ( PLBY ) shares surged nearly 24% after the company disclosed Friday a conversion of 25% of its outstanding series B convertible preferred stock into common stock to streamline its balance sheet and reduce leverage.

More than 6.3 million shares traded intraday compared with a daily average of about 927,000.

Atlassian ( TEAM ) reported fiscal Q2 non-GAAP diluted earnings and revenue above market expectations.

Morgan Stanley boosted its price target on Atlassian's ( TEAM ) shares to $370 from $315 while keeping its overweight rating.

Shares jumped 16%, with intraday trading volume rising to over 5.2 million compared with a daily average of about 2.1 million.

SkyWest ( SKYW ) reported a jump in Q4 earnings and operating revenue late Thursday

Deutsche Bank adjusted SkyWest's ( SKYW ) price target to $145 from $130 while maintaining its buy rating.

Shares rose 5% as intraday trading volume climbed to more than 769,000 from a daily average of about 353,000.

Price: 2.05, Change: +0.39, Percent Change: +23.55