Align Technology (ALGN) shares fell 37% after the company disclosed plans to streamline its operations, including job cuts, and said it expects to book one-time charges of $150 million to $170 million in H2.

Intraday volume topped 9.51 million shares versus the daily average of almost 929,000.

Baxter International (BAX) reported Q2 results that missed Wall Street estimates and lowered guidance for 2025.

Evercore ISI cut its price target on the stock to $33 from $42.

Baxter shares slumped 21% as volume topped 24.3 million versus the daily average of 4.19 million.

ARM Holdings' (ARM) fiscal Q1 adjusted earnings declined from a year earlier even as sales rose.

The company's stock dropped 14% as volume topped 17.1 million versus the daily average of almost 4.99 million.

Price: 129.26, Change: -74.31, Percent Change: -36.50