AirSculpt Technologies (AIRS) shares sank 41% amid heavy trading after the company reported a wider net loss and a drop in Q3 revenue on Friday.

More than 7 million shares of the company traded intraday compared with a daily average of about 866,000.

Block (XYZ) reported Q3 adjusted earnings and net revenue that missed analysts' expectations late Thursday.

Block's Q3 earnings and margin miss due to higher general and administrative expenses became a point of frustration for investors, Morgan Stanley said in a Friday research note.

Shares dropped 8%, with intraday trading volume at over 14.7 million shares versus the stock's daily average of about 6.4 million.

Microchip Technology (MCHP) reported a year-over-year fall in fiscal Q2 adjusted earnings and revenue late Thursday.

Several brokerages downgraded the company's share-price target, including Rosenblatt, which adjusted its price objective to $80 from $100.

Shares were 8% lower as intraday trading volume climbed to more than 11 million from a daily average of roughly 7.7 million.

Price: 6.31, Change: -4.18, Percent Change: -39.85