5E Advanced Materials (FEAM) said late Thursday it has priced its underwritten public offering of almost 2.4 million shares at $3.50 per share. The stock closed at $4.63 on Thursday.
Shares dropped over 23% as intraday trading volume climbed to more than 297,000 from a daily average of roughly 24,000.
Solowin (SWIN) reported Friday the launch of its Dubai operations center and the start of its application for a Category 3C asset management license from the Dubai International Financial Centre.
Shares slid 13%, with intraday trading volume exceeding 510,000, compared with a daily average of about 395,000.
Intuit (INTU) shares fell about 5% after several analysts, including from UBS, Morgan Stanley, and Barclays, cut their price targets on the stock following its fiscal Q4 results and guidance.
More than 4.76 million shares traded intraday, compared with a daily average of about 1.73 million.
Price: 3.53, Change: -1.11, Percent Change: -23.87
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