02:14 PM EDT, 03/26/2025 (MT Newswires) -- Tenon Medical ( TNON ) shares slumped 35%, a day after the company agreed to issue and sell 1.3 million shares at $2.00 apiece to an institutional investor focused on health care.
Intraday volume on Wednesday topped 16.8 million shares versus the daily average of 6.18 million.
Humacyte ( HUMA ) shares fell 30%, a day after the company priced an underwritten public offering of 25 million shares at $2 apiece, targeting gross proceeds of $50 million.
Volume topped 20.6 million versus the daily average of almost 2.48 million.
Intchains Group ( ICG ) entered into a securities purchase agreement with an institutional investor for 361,011 American depositary shares, each representing two Class A ordinary shares, priced at $2.77 per ADS for gross proceeds of $1 million.
The stock dropped 22% with volume topping 126,800 versus the daily average of almost 195,000.
Price: 2.45, Change: -1.30, Percent Change: -34.67