Legend Biotech stock hits a fresh 52-week low as biotech lags — JPMorgan update looms

Legend Biotech stock hits a fresh 52-week low as biotech lags — JPMorgan update looms

New York, January 5, 2026, 15:53 EST — Regular session Legend Biotech Corp (LEGN) shares fell 4.7% to $20.49 on Monday, after touching $20.29 — a fresh 52-week low — in afternoon trading. The stock is about 55% below its 52-week high of $45.30. SoFi Money rotated into energy and bank stocks on Monday, lifting Wall Street’s main indexes, after…
Immunome (IMNM) stock drops 5% as biotech slips; investors look to Jan. 14 update

Immunome (IMNM) stock drops 5% as biotech slips; investors look to Jan. 14 update

NEW YORK, Jan 5, 2026, 15:54 EST — Regular session Shares of Immunome, Inc. fell 5.3% to $19.72 in late afternoon trading on Monday, underperforming U.S. biotech peers. The SPDR S&P Biotech ETF slid 1.1% and the iShares Nasdaq Biotechnology ETF was off 0.9%. IMNM opened at $20.83 and touched $19.36, with about 1.6 million shares changing hands by 3:54…
Sanmina stock slides after early pop as manufacturing data, peer moves hit sentiment

Sanmina stock slides after early pop as manufacturing data, peer moves hit sentiment

New York, January 5, 2026, 15:37 EST — Regular session Sanmina Corp (SANM.O) shares fell 5.1% to $151.12 in afternoon trading on Monday after the contract manufacturer gave up an early rally that pushed the stock above $165. The stock opened at $164.72 and later touched a session low of $150.37. The slide left Sanmina lagging even as Wall Street…
Argenx stock slides 5% on CEO handover plan — what investors watch next

Argenx stock slides 5% on CEO handover plan — what investors watch next

New York, Jan 5, 2026, 15:30 EST — Regular session Shares of argenx fell about 5% on Monday after the immunology drugmaker said Chief Operating Officer Karen Massey will succeed co-founder Tim Van Hauwermeiren as CEO, with Van Hauwermeiren set to become board chairman pending a shareholder vote on May 6. The stock was down 5% at $797.94 in afternoon…
KLA Corporation stock jumps 6% as chip-equipment rally builds ahead of Nvidia CES keynote

KLA Corporation stock jumps 6% as chip-equipment rally builds ahead of Nvidia CES keynote

New York, Jan 5, 2026, 15:44 EST — Regular session KLA Corp (KLAC.O) shares rose about 6.4% to $1,356 in afternoon trading on Monday, after touching an intraday high of $1,371.82 and setting up for a record closing high. Morningstar The move matters because chip-equipment stocks often act as a real-time gauge of expectations for semiconductor factory spending, which can…
Chevron stock jumps 5% on Venezuela shake-up; what investors are watching next

Chevron stock jumps 5% on Venezuela shake-up; what investors are watching next

New York, January 5, 2026, 15:27 ET — Regular session Chevron (CVX) shares were up $8.62, or 5.5%, at $164.52 in afternoon trading, after earlier touching $171.50. The move followed weekend developments in Venezuela and U.S. comments pointing to a push for American oil companies to help rebuild the country’s oil industry, a jolt that lifted the broader energy complex.…
Merck stock ticks higher as MRK nears recent highs ahead of JPM Healthcare Conference

Merck stock ticks higher as MRK nears recent highs ahead of JPM Healthcare Conference

New York, January 5, 2026, 15:35 EST — Regular session Merck & Co (NYSE:MRK) shares edged up on Monday as investors looked ahead to the drugmaker’s appearance at the annual J.P. Morgan Healthcare Conference next week. The stock was up 0.3% at $106.80 at 3:35 p.m. EST, after earlier reaching $108.30. The conference is a closely watched early-year marker for…
Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

Wall Street’s buyback boom: GM, Southwest and Tapestry headline 2026’s share-repurchase trade

New York, Jan 5, 2026, 15:24 EST General Motors, Southwest Airlines and Tapestry ended 2025 with last-12-month buyback yields above 10% after repurchasing stock worth $8.2 billion, $2.75 billion and $2.8 billion, respectively, MarketBeat wrote on Monday. GM shares rose nearly 53% in 2025, while Southwest gained 23% and Tapestry climbed 96%, the report said. MarketBeat The renewed focus on…
Uber stock slips on Melius “Sell” call as robotaxi competition looms in 2026

Uber stock slips on Melius “Sell” call as robotaxi competition looms in 2026

New York, January 5, 2026, 15:27 ET — Regular session Uber Technologies, Inc. shares were down 1.9% at $81.30 in afternoon trading on Monday, after Melius Research downgraded the ride-hailing company to “sell” with a $73 price target. “Even with Uber’s position, AV competition is set to rise in 2026 and beyond,” Melius analyst Conor Cunningham wrote, referring to autonomous…
Bloom Energy stock jumps again as traders refocus on its $600 million credit line

Bloom Energy stock jumps again as traders refocus on its $600 million credit line

New York, January 5, 2026, 15:20 EST — Regular session Bloom Energy shares rose about 5.9% to $104.50 in afternoon trade on Monday as investors weighed the fuel-cell maker’s access to fresh liquidity. The stock hit an intraday high of $107.24. The move matters because financing has become a key swing factor for fast-growing clean-energy companies that still face choppy…
Lumentum stock slides 8% as optics peers stumble; investors eye February earnings update

Lumentum stock slides 8% as optics peers stumble; investors eye February earnings update

New York, January 5, 2026, 15:24 EST — Regular session Shares of Lumentum Holdings Inc fell about 7.6% on Monday, extending a selloff across parts of the optical networking space even as the broader U.S. equity market held higher. The slide matters because Lumentum has been one of the standout winners tied to the buildout of AI data centers, leaving…
NewAmsterdam Pharma stock slides on insider sale notices — what investors watch next for NAMS

NewAmsterdam Pharma stock slides on insider sale notices — what investors watch next for NAMS

New York, Jan 5, 2026, 15:21 EST — Regular session Shares of NewAmsterdam Pharma Company N.V. fell about 5% to $33.42 in afternoon trading on Monday. The Nasdaq-listed stock hit an intraday low of $32.68 after opening at $35.15. The move followed two Form 144 filings that signaled planned sales by company affiliates. In smaller biotech names, even routine insider…

Stock Market Today

  • Seadrill Shares Jump 8.9% on $235 Million Offshore Drilling Contracts
    January 22, 2026, 4:58 AM EST. Seadrill (SDRL) shares surged 8.9% to $38.16 after announcing new offshore drilling contracts worth $235 million, boosting its revenue backlog and earnings visibility through 2026-2027. Key deals include a $157 million drillship contract in Malaysia and a $78 million accommodation contract in Norway. Despite the optimism from contract wins, Seadrill's earnings per share (EPS) estimate for the upcoming quarter remains unchanged at $0.07, down 93.5% year-over-year. The stock carries a Zacks Rank #3 (Hold). Meanwhile, industry peer Helmerich & Payne rose 3.2% but holds a Zacks Rank #4 (Sell). Investors should watch for upcoming earnings revisions to gauge sustained momentum in Seadrill's shares.
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