Top Midday Gainers
Veea (VEEA) shares more than doubled in Tuesday trading, a day after the company signed a term sheet with NovaGen Group to merge in a deal that values the new entity at $750 million, and GeoNova Capital also signed a term sheet to invest $10 million in the combined company as a cornerstone investor.Intraday volume topped 182.3 million shares, compared with the daily average of about 486,530.Forgent Power Solutions (FPS) reported fiscal Q4 adjusted net income more than tripled from a year earlier as sales surged.The stock jumped 13% as volume topped 23.7 million shares, compared with the daily average of 7.78 million.Clene (CLNN) priced a registered direct offering of 1.22 million shares at $3.28 each to existing holders, including insiders, targeting gross proceeds of $4 million.The stock rose 25% as volume topped 367,800 shares, compared with the daily average of 85,832.Price: $5.69, Change: $+3.40, Percent Change: +148.47%