Spire Global (SPIR) said Thursday it has entered into a securities purchase agreement for a private placement expected to generate about $70 million in gross proceeds.
Shares declined 10% as intraday trading volume surged to over 7.29 million from a daily average of about 712,000.
BTIG Research downgraded shares of Zscaler (ZS) to neutral from buy.
Shares of Zscaler slumped 11% as intraday trading volume soared to more than 4.84 million from a daily average of about 2.73 million.
ServiceNow (NOW) said Thursday it is shifting its entire product portfolio from artificial intelligence sidecars to full AI integration. The company said all of its products now include built-in AI, data connectivity, workflow execution, security, and governance.
Shares slid 8%, with intraday trading volume at over 25.6 million, versus a daily average of roughly 19.3 million.
Price: 18.37, Change: -2.13, Percent Change: -10.39
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