Mangoceuticals (MGRX) reported Friday the closing of its registered direct offering and concurrent private placement with institutional investors, with aggregate gross proceeds of about $2.5 million.

Shares of the men's health and wellness products firm sank 45%, following an increase in intraday trading volume to over 9.1 million from a daily average of about 1.4 million.

Lamb Weston's (LW) shares slumped 24% amid heavy trading after the company said Friday that fiscal Q2 adjusted earnings fell from a year earlier.

More than 14.2 million shares of the frozen potato products company traded intraday compared with a daily average of about 1.8 million.

Nike (NKE) expects fiscal Q3 sales to fall by low single digits, with "modest growth in North America as we see reduced liquidation activity versus prior quarters," Chief Financial Officer Matthew Friend said on the fiscal Q1 earnings conference call late Thursday, according to a FactSet transcript.

Nike sees fiscal Q3 gross margins to be down about 175 basis points to 225 basis points, the CFO added.

Shares of the world's biggest sports footwear and apparel retailer dropped 11% as intraday trading volume climbed to more than 63.36million from a daily average of roughly 15.4 million.

Price: 0.72, Change: -0.59, Percent Change: -44.81