Zscaler (ZS) shares plunged 31% intraday after the company issued a fiscal Q4 revenue outlook that missed analysts' expectations late on Tuesday.

The stock remains in the penalty box until further evidence of traction emerges in the security operations business, new sales leader roles are filled, and the operating structure improves, Morgan Stanley said in a research report.

Shares sank 31% following a surge in intraday trading volume to over 23.9 million from a daily average of about 3.05 million.

Verra Mobility (VRRM) cut its 2026 outlook following car rental firm Avis Budget's (CAR) decision to terminate a contract with the company, effective September.

Shares slumped 71% as intraday trading volume advanced to more than 56.7 million from a daily average of about 1.7 million.

Boston Scientific's (BSX) Chief Executive Mike Mahoney said at an industry conference that this year has been "a bit more of a challenge" than anticipated.

Stifel cut its price target to $75 from $85 while keeping its buy rating. Goldman Sachs also cut its price target to $81 from $84.

Shares dropped 13%, with intraday trading volume at over 34.1 million versus a daily average of about 16.5 million.

Price: 126.73, Change: -57.88, Percent Change: -31.35