Liberty Defense Holdings (DETX, TSXV: SCAN) began trading on the Nasdaq Capital Market on Wednesday as part of its initial public offering in the US of about 3.67 million common shares, targeting roughly $20 million in gross proceeds.

Shares declined 5.4% as intraday trading volume rose to over 1.2 million.

TE Connectivity (TEL) shares slumped 12% amid heavy trading after the company reported lower-than-expected fiscal Q2 net sales on Wednesday.

More than 4.3 million shares of the company traded intraday compared with a daily average of about 2.2 million.

Sonoco Products (SON) reported a year-over-year decline in Q1 adjusted earnings and sales late Tuesday.

Shares slumped 17% as intraday trading volume soared to more than 4.3 million from a daily average of about 998,000.

Price: 4.26, Change: -0.24, Percent Change: -5.38