Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

WD-40 stock slides 6% after Q1 profit falls; guidance held and Asia rebound in focus

WD-40 stock slides 6% after Q1 profit falls; guidance held and Asia rebound in focus

NEW YORK, January 9, 2026, 14:00 ET — Regular session WD-40 Company shares fell 5.6% to $192.13 on Friday afternoon, after the lubricant maker posted a drop in first-quarter profit and higher expenses. The stock was down as much as nearly 14% earlier in the session. The move matters because WD-40 tends to trade like a steady compounder. When profit slips, the market usually asks if it’s just timing — or something that sticks. Management put the soft patch on distributor markets, where the company sells through third-party partners, and said direct markets kept growing. Investors are now looking for
Atour Lifestyle (ATAT) stock slides about 4% in U.S. trade as rate bets shift, CPI looms

Atour Lifestyle (ATAT) stock slides about 4% in U.S. trade as rate bets shift, CPI looms

NEW YORK, Jan 9, 2026, 13:24 EST — Regular session Atour Lifestyle Holdings’ U.S.-listed shares slid 4.2% to $40.20 in early afternoon trading on Friday, after moving between $39.85 and $42.02. Trading volume was about 894,000 shares. The decline comes as Wall Street digests fresh U.S. data that nudged rate-cut odds lower, while investors also track the legal fight over President Donald Trump’s tariffs. “Payrolls were a little bit light relative to consensus, but still fairly strong numbers,” Tim Ghriskey, a senior portfolio strategist at Ingalls & Snyder, said. (Reuters) The Labor Department reported nonfarm payrolls rose by 50,000 jobs
Kohl’s stock slides 5% as tariff ruling delay hits retailers; KSS traders eye Jan. 14

Kohl’s stock slides 5% as tariff ruling delay hits retailers; KSS traders eye Jan. 14

NEW YORK, Jan 9, 2026, 14:11 EST — Regular session Kohl’s Corp (KSS) shares were off roughly 5.1% at $20.66 Friday afternoon, after a choppy session that ran from $22.27 down to $20.43. The department-store operator opened at $22.00. The stock trailed even as the broader market found its footing after a softer U.S. jobs report. The U.S. Supreme Court said it would not issue a ruling on Friday on the legality of President Donald Trump’s sweeping tariffs, leaving investors still waiting on clarity around duties that can shift costs for import-heavy retailers. (Reuters) Importers and trade lawyers are girding
Star Bulk Carriers (SBLK) stock drops nearly 5% as dry-bulk freight gauge slips

Star Bulk Carriers (SBLK) stock drops nearly 5% as dry-bulk freight gauge slips

NEW YORK, January 9, 2026, 13:43 EST — Regular session Star Bulk Carriers Corp shares fell 4.8% to $19.76 by 1:25 p.m. EST on Friday, after earlier touching $20.75. The stock’s 52-week range runs from $12.06 to $20.87, and the company’s market value stood near $2.4 billion. (Star Bulk Carriers) The drop landed as the Baltic Dry Index — a widely watched gauge of what it costs to ship dry bulk cargoes like iron ore, coal and grain — eased to 1,688 on Friday and has fallen about 31% over the past month. (Trading Economics) That matters right now because
Establishment Labs stock slides 5%: traders eye Motiva FDA next steps and JPM conference talk

Establishment Labs stock slides 5%: traders eye Motiva FDA next steps and JPM conference talk

New York, Jan 9, 2026, 13:50 EST — Regular session Establishment Labs Holdings Inc. shares slid about 5% to $69.22 in early afternoon trading Friday, after earlier rising as high as $74.37. The move stands out because the stock has been among the sharper movers in small-cap medical devices this week, and traders are balancing two timelines: near-term investor events and the longer U.S. regulatory process for its Motiva breast implants. On Friday, the broader market climbed after U.S. data showed employers added 50,000 jobs in December, leaving rate-cut bets intact even as the unemployment rate ticked down to 4.4%.
Why Signet Jewelers (SIG) stock is sliding as Pandora flags weak U.S. holiday demand

Why Signet Jewelers (SIG) stock is sliding as Pandora flags weak U.S. holiday demand

New York, Jan 9, 2026, 13:36 EST — Regular session Signet Jewelers Ltd shares fell 5.3% to $85.29 on Friday afternoon, after opening lower and sliding as far as $83.10. The stock last closed at $90.05. The move matters because Signet sits in the middle of the U.S. holiday gifting season — the stretch that can make or break the year for jewelry sellers. A sour read-through from overseas didn’t help, and investors are quick to price in any wobble in discretionary spending. Pandora rattled the space earlier on Friday when it cut its 2025 organic sales growth forecast to
9 January 2026
Qfin Holdings (QFIN) stock slides as China fintech ADRs lag on tariff limbo, credit jitters

Qfin Holdings (QFIN) stock slides as China fintech ADRs lag on tariff limbo, credit jitters

NEW YORK, Jan 9, 2026, 13:43 EST — Regular session Qfin Holdings’ U.S.-listed shares slid on Friday, dropping about 4.5% to $17.32, even as the broader U.S. market pushed higher. The stock hit a session low of $17.21. Source The move matters because Qfin sits at the crossroads of two touchy stories right now: U.S.-China policy risk and the health of Chinese consumer credit. The company, formerly known as Qifu Technology, runs a credit-tech platform in China and trades in the U.S. as American depositary shares, a wrapper that lets overseas firms list on U.S. exchanges. Source Investors have been
Why Soleno Therapeutics stock is down today: investor alerts revive Vykat XR scrutiny

Why Soleno Therapeutics stock is down today: investor alerts revive Vykat XR scrutiny

New York, Jan 9, 2026, 13:28 (EST) — Regular session Soleno Therapeutics shares slid on Friday, extending a choppy stretch for the rare-disease drugmaker. The stock was down 5.6% at $42.95, after touching a low of $42.73, while the SPDR S&P Biotech ETF was up about 1.1%. The move matters now because Soleno’s story still hinges on a young commercial launch and a single product, Vykat XR. Any shift in sentiment around safety, pricing, or patients staying on therapy can hit the stock hard, fast. A Zacks Equity Research industry outlook on Thursday highlighted Soleno alongside Nektar Therapeutics, Rigel Pharmaceuticals,
Wave Life Sciences (WVE) stock slides 6% even as biotech ETFs rise — what’s driving it now

Wave Life Sciences (WVE) stock slides 6% even as biotech ETFs rise — what’s driving it now

New York, January 9, 2026, 13:20 (EST) — Regular session Wave Life Sciences Ltd shares fell about 5.6% on Friday, down 83 cents at $14.00, after trading between $13.99 and $15.09. The drop came even as biotech exchange-traded funds rose, with the SPDR S&P Biotech ETF up about 1% and the iShares Nasdaq Biotechnology ETF up about 0.5%. The move matters because Wave has become a high-beta obesity trade in the biotech tape, and the stock has been swinging on every new data point and funding headline. Traders have been leaning on near-term catalysts rather than fundamentals, and those catalysts
Reddit stock slides after Cantor starts coverage at Neutral and CFO sale hits filings

Reddit stock slides after Cantor starts coverage at Neutral and CFO sale hits filings

New York, Jan 9, 2026, 13:16 ET — Regular session Reddit, Inc shares fell 5.8% to $239.12 in afternoon trading on Friday, reversing an early push above $260. The move matters because Reddit stock has been priced like a fast grower, and fresh coverage is starting to draw harder lines around what that growth is worth. With results for the holiday quarter still ahead, even a “nothing’s broken” call can jolt a name trading at a premium. U.S. stocks were higher after a softer December jobs report, leaving Reddit as an outlier on the tape. The Nasdaq Composite was up
Oddity Tech stock drops nearly 6% after Oddity Labs science chief exit, KeyBanc trims target

Oddity Tech stock drops nearly 6% after Oddity Labs science chief exit, KeyBanc trims target

New York, Jan 9, 2026, 13:11 EST — Regular session Oddity Tech Ltd shares fell 5.8% to $36.28 on Friday, extending a sharp pullback for the beauty and wellness company as investors weighed a senior departure at its research unit and a fresh price-target cut. The stock opened higher but swung between $35.80 and $38.82. In a Form 6-K filing with U.S. regulators — a report foreign-listed companies use to disclose material updates — Oddity said Dr. Ido Bachelet is no longer employed with the company. Bachelet had served as chief science officer of ODDITY LABS, and his duties have
Under Armour stock drops 6% as BlackRock reveals 10.6% stake in UAA

Under Armour stock drops 6% as BlackRock reveals 10.6% stake in UAA

NEW YORK, Jan 9, 2026, 13:03 ET — Regular session Under Armour’s voting Class A shares (UAA) sank roughly 6% on Friday after a disclosure showed BlackRock owned more than a tenth of the sportswear maker. The stock was off 6.1% at $5.64 by midday, after moving in a range of $6.10 to $5.61. The timing is awkward for Under Armour. The company is in reset mode, and the stock has started getting jumpy again. Big ownership updates can squeeze the “tradable” float — shares that actually change hands day to day — and that can make price swings sharper.
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
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