Elong Power (ELPW) said Monday it priced an underwritten offering of 2.4 million units at $3.16 each, targeting roughly $7.6 million in gross proceeds.
Shares sank 90% following an increase in intraday trading volume to nearly 28.2 million from a daily average of about 562,000.
Yext (YEXT) said Monday Chief Executive Michael Walrath withdrew his nonbinding proposal to purchase the company's shares he doesn't already own at $9 each due to an inability to obtain the necessary financing.
Shares slumped 23% as intraday trading volume soared to nearly 3.5 million from a daily average of about 885,000.
Walt Disney's (DIS) shares slid 7% after the company reported a drop in fiscal Q1 adjusted earnings.
Intraday trading volume surged to over 26.6 million shares, versus a daily average of roughly 11.1 million.
Price: 1.29, Change: -12.66, Percent Change: -90.78
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