Top Midday Decliners

MT Newswires Live
24 Sep 2024

Innovative Eyewear (LUCY) disclosed Monday agreements for the immediate exercise of certain warrants to purchase 263,160 of its shares that it issued on May 29, each having an original exercise price of $9.50 per share, at an exercise price of $9.875 per share.

Shares slumped nearly 20% as intraday trading volume rose to over 315,000 from a daily average of approximately 1.97 million.

Maxeon Solar Technologies (MAXN) has submitted a hearing request following a letter from Nasdaq staff for the delisting of Maxeon shares after trading at a bid price of no more than $0.10 for ten consecutive trading days.

Shares dropped 12%, with intraday trading volume at over 50.7 million compared with a daily average of roughly 101.9 million.

Elevai Labs (ELAB) said Monday it priced a public offering of about 28.6 million common shares, or pre-funded warrants, at $0.28 apiece for gross proceeds of about $8 million.

Shares plunged 61% as intraday trading volume soared to over 14.9 million versus the stock's daily average of about 2.23 million.

Price: 8.67, Change: -2.13, Percent Change: -19.69

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