Webtoon Entertainment shares surged 70%, following second-quarter results that exceeded guidance and a strategic partnership with Disney.

Sapiens International shares soared 44%. Israeli software provider Sapiens International said on Wednesday that it will be acquired by Advent International for $2.5 billion in cash, as the U.S. private equity firm zeros in on the insurance industry amid an AI boom.

Intapp, a provider of AI-powered solutions for professional services firms, saw its shares surge 10% after reporting fourth quarter earnings that exceeded analyst expectations, driven by strong cloud revenue growth and robust fiscal 2026 earnings guidance. The company announced Tuesday that its Board of Directors has authorized a common stock repurchase program of up to $150 million.

Luminar shares plummeted 20% after the automotive technology company reported disappointing second-quarter results and significantly lowered its full-year guidance, citing slower vehicle production ramps and the winding down of non-core businesses.

CAVA Group tumbled 18% on Wednesday, after the Mediterranean restaurant chain lowered its annual same-store sales growth target for the first time since it listed on the New York Stock Exchange two years ago.

Centrus Energy intends to offer $650M of convertible senior notes due 2032 in a private offering. The shares sank 12%.

Denison Mines shares sank 7% after saying it is offering $250M of convertible senior unsecured notes due 2031, with an underwriters option to purchase up to an additional $37.5M aggregate principal amount.

Rigetti Computing reported a bigger-than-expected second quarter loss while revenue missed Wall Street consensus estimates. Financial results season is winding up for quantum computing stocks. Rigetti stock fell 2% on the Q2 results.