Top Midday Decliners

MT Newswires Live08-24

Nuwellis (NUWE) said Friday it is selling 496,901 shares at $1.845 a share to some institutional investors to raise funds for working capital and general corporate purposes. It will also issue warrants to the investors.

Shares slumped 24%, with intraday trading volume at over 572,000 compared with a daily average of about 411,000.

Red Robin Gourmet Burgers (RRGB) shares dropped 7% after reporting sharply wider Q2 loss.

Over 1.78 million shares traded intraday versus a daily average of roughly 514,000.

Farmmi (FAMI) said Friday it agreed to sell $1 million worth of stocks and warrants to some institutional investors.

Shares plunged 58% as intraday trading volume soared to over 13 million from a daily average of about 51,000.

Price: 1.31, Change: -0.41, Percent Change: -23.84

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment