Top Midday Decliners
The Trade Desk (TTD) stock was down 22% amid heavy trading as multiple analyst downgrades followed the company's downbeat Q2 adjusted earnings and revenue.More than 107.0 million shares of the company traded intraday compared with a daily average of about 18.8 million.PN Smart Energy (PN) said Friday it priced a registered direct offering with an institutional investor for the sale of up to 1.43 million Class A shares and pre-funded warrants to raise gross proceeds of $5 million.Shares sank 60%, with intraday trading volume rising to over 2.22 million from a daily average of roughly 686,000.CVRx (CVRX) shares sank 59% amid heavy trading after the company posted Q2 financial results late Thursday. Piper Sandler downgraded the company to neutral from overweight while adjusting its price target to $4 from $12.Over 10.7 million shares of CVRx traded intraday, versus a daily average of roughly 315,000.Price: $13.82, Change: $-3.86, Percent Change: -21.82%
