Today: 30 June 2026

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

New York, Jan 13, 2026, 15:57 EST — Regular session Penumbra shares dropped Tuesday following comments from CEO Adam Elsesser about shifting the company’s manufacturing base. The stock slid 5.2% to $302.70 in late trading after hitting a low of $290.42 earlier. Elsesser told a conference that “All of our products today are manufactured in California. That’s going to change.”
13 January 2026
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