Today: 8 June 2026
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ASX:GYG 20 February 2026 - 22 May 2026

Guzman y Gomez shares rise after U.S. move, focus returns to Australia

Guzman y Gomez shares rise after U.S. move, focus returns to Australia

Guzman y Gomez will close all Chicago restaurants and exit the U.S. immediately after poor sales, expecting a one-off FY26 loss of US$30–40 million and cash costs capped at US$15 million. Shares jumped up to 20% on Friday as investors welcomed the move. The company raised its Australia segment EBITDA guidance to A$85 million. GYG said the exit will not affect its FY26 dividend or buyback program.
22 May 2026
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ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

ASX Ends Higher as Miners Lead, Guzman y Gomez Gains After U.S. Exit

Australian shares closed up 0.41% at 8,657 on Friday, led by miners and a 9.6% surge in Guzman y Gomez after the fast-food chain announced it would exit the U.S. market. Miners gained 1.3%, while Seek fell 5.6%. Softer jobs data eased rate-hike fears, with unemployment rising to 4.5% in April. The Reserve Bank’s cash rate remains at 4.35%.
22 May 2026
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Stock Market Today

  • Micron Stock Climbs Over 4% After 20% Drop
    June 8, 2026, 8:00 AM EDT. Micron Technology shares surged more than 4% in Monday premarket trading, recovering from a steep nearly 20% decline over the past two days. This rebound follows significant investor sell-off driven by concerns over semiconductor demand, impacting chipmakers broadly. Micron's recovery highlights renewed buyer interest and volatility in the memory chip sector. The stock price movement underscores ongoing market sensitivity to supply chain and demand signals in the tech hardware space.

Latest articles

SoFi Stock Trades Near $16 as Market Watches Monday’s Open

SoFi Stock Trades Near $16 as Market Watches Monday’s Open

8 June 2026
SoFi hovered near $16 in pre-market trading after a sharp drop last week, as investors weighed record Q1 growth against unchanged 2026 guidance and credit risks; shares sit far below their 52-week high, with CEO Noto citing persistent inflation and no expected rate cuts as reasons for not raising forecasts, leaving pressure on Monday’s regular session to halt the slide.
Marvell Heads Higher Ahead of S&P 500 Inclusion

Marvell Heads Higher Ahead of S&P 500 Inclusion

8 June 2026
Marvell Technology surged 7% premarket after S&P Dow Jones Indices said it will join the S&P 500 on June 22, triggering forced buying by index funds; shares traded at $282.50, up from $263.47, as investors responded to record AI-driven revenue, raised outlooks, and the prospect of broad portfolio inclusion.
FuelCell Energy Down 19% as AI Test Looms

FuelCell Energy Down 19% as AI Test Looms

8 June 2026
FuelCell Energy stock plunged 19.02% Friday to $17.33 ahead of Monday’s fiscal Q2 results, as investors await proof that AI data-center demand is translating into real orders and revenue; analysts expect a $0.52 per share loss on $40.5 million revenue, with focus on backlog, cash use, and whether recent gains—up 137% in 2026—are sustainable amid index inclusion and sector volatility.
Dreamland Stock Gains in Pre-Market Trading After Reverse Split

Dreamland Stock Gains in Pre-Market Trading After Reverse Split

8 June 2026
Dreamland shares jumped 62% in U.S. pre-market trading after announcing a 1-for-25 reverse stock split effective June 15 to address Nasdaq minimum-bid compliance, following a 38.7% plunge Friday and a recent 52-week low, as the company faces ongoing risks of delisting and liquidity challenges.
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