02:04 PM EDT, 08/22/2024 (MT Newswires) -- Air Industries Group ( AIRI ) shares more than doubled after the company got a $110 million, seven-year contract to produce thrust struts used in geared turbo-fan aircraft jet engines.

Intraday volume topped 59.9 million shares versus the daily average of about 24,000.

Peloton Interactive ( PTON ) reported a surprise increase in fiscal Q4 revenue, while forecasting gross margin expansion for fiscal 2025.

Shares rose 36% as volume topped 100.5 million versus a daily average of 12.2 million.

Srivaru Holding ( SVMH ) announced the launch of its Prana 2.0 electric motorcycle in Chennai, India, and plans to increase production capacity to almost 10,000 units monthly by the end of this year.

Shares climbed 26%, with volume topping 146.6 million versus the daily average of almost 9.14 million.

Price: 8.05, Change: +4.30, Percent Change: +114.67