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Financial News News 9 January 2026

Arcutis stock sinks 5% after wild swing as traders eye Fed, FDA clock and earnings

Arcutis stock sinks 5% after wild swing as traders eye Fed, FDA clock and earnings

New York, Jan 9, 2026, 15:46 EST — Regular session Arcutis Biotherapeutics shares slid 5.3% to $28.29 in afternoon trading on Friday, after climbing as high as $30.70 earlier. The stock was last at the session low. The move followed a cooler U.S. payrolls report, which reinforced expectations the Federal Reserve will keep rates steady in coming weeks. High-growth biotech…
9 January 2026
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Deckers Outdoor stock drops as Needham pulls DECK from Conviction List, putting Hoka growth back under a microscope

Deckers Outdoor stock drops as Needham pulls DECK from Conviction List, putting Hoka growth back under a microscope

NEW YORK, January 9, 2026, 15:10 (ET) — Regular session Deckers Outdoor (DECK) shares fell 4.2% on Friday, slipping to $102.85 in afternoon trading after an early pop faded and the stock turned lower. Shares swung between $108.72 and $102.18. The drop landed even as the broader market held firm, a sign traders were treating this as a stock-specific story.…
9 January 2026
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Freeport-McMoRan (FCX) stock jumps as copper firms and JPMorgan lifts target ahead of earnings

Freeport-McMoRan (FCX) stock jumps as copper firms and JPMorgan lifts target ahead of earnings

NEW YORK, Jan 9, 2026, 15:33 EST — Regular session Freeport-McMoRan (FCX) shares were up $2.37, or 4.4%, to $56.59 in afternoon trading on Friday. The stock has moved between $54.22 and $56.71 and is sitting within about 1% of its 52-week high of $57.12. (Freeport-McMoRan Investors) Copper prices climbed, lifting miners that tend to track the metal’s ups and…
9 January 2026
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Why L3Harris stock is up today: Trump’s $1.5T budget push meets buyback crackdown

Why L3Harris stock is up today: Trump’s $1.5T budget push meets buyback crackdown

New York, January 9, 2026, 15:28 EST — Regular session L3Harris Technologies (LHX.N) shares rose 2.8% to $334.84 in afternoon trading on Friday, after touching $337.97 earlier in the session. The stock is moving on a policy one-two punch: talk of a bigger Pentagon budget, and fresh pressure on contractors to speed up deliveries. That matters now because the sector’s…
9 January 2026
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Palo Alto Networks stock slips after Klarich flags share sale; PANW traders eye next catalyst

Palo Alto Networks stock slips after Klarich flags share sale; PANW traders eye next catalyst

New York, January 9, 2026, 15:14 ET — Regular session Palo Alto Networks shares slipped on Friday, underperforming a broader tech-led rise, after a late-day regulatory filing flagged a planned insider sale. The stock was down $1.52, or 0.8%, at $189.28, after trading between $187.42 and $192.13. A Form 144 filed with the U.S. Securities and Exchange Commission showed Lee…
9 January 2026
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Linde stock ticks up as Feb. 5 earnings date lands — what investors watch next

Linde stock ticks up as Feb. 5 earnings date lands — what investors watch next

New York, Jan 9, 2026, 15:13 (EST) — Regular session Linde plc shares (LIN.O) rose about 1% on Friday as investors turned to the next catalyst: the industrial gases maker’s fourth-quarter report on Feb. 5. The stock was up $4.49 at $444.18, after trading between $437.59 and $444.62. Linde said it will publish fourth-quarter 2025 results by 6 a.m. EST…
9 January 2026
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Vertiv stock rebounds after Thursday slide as jobs data steadies rate-cut bets

Vertiv stock rebounds after Thursday slide as jobs data steadies rate-cut bets

New York, Jan 9, 2026, 15:12 EST — Regular session Shares of Vertiv Holdings Co rose 1.5% to $163.24 in afternoon trading on Friday, clawing back some ground after a sharp drop in the prior session. The data center power-and-cooling supplier fell 6.3% on Thursday, a swing that left the stock nursing losses after a tech-led pullback in U.S. equities…
9 January 2026
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Why Abercrombie & Fitch stock is sliding today despite a UBS target hike

Why Abercrombie & Fitch stock is sliding today despite a UBS target hike

New York, Jan 9, 2026, 14:54 EST — Regular session Abercrombie & Fitch shares fell about 3.7% to $125.09 in afternoon trading on Friday, after swinging between $133.16 and $124.17. The drop came as investors digested a weaker-than-expected U.S. jobs report that pulled attention back to the health of the consumer — and the path for interest rates. “Hiring is…
9 January 2026
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Scorpio Tankers stock slips as BofA downgrade revives “peak rates” debate

Scorpio Tankers stock slips as BofA downgrade revives “peak rates” debate

New York, Jan 9, 2026, 14:45 EST — Regular session Shares of Scorpio Tankers Inc fell about 2.3% on Friday after Bank of America Securities cut its rating on the product tanker operator, pointing to signs the freight market may be closer to a top. The stock was down $1.32 at $54.86 in afternoon trading. The call matters because tanker…
9 January 2026
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AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

NEW YORK, Jan 9, 2026, 14:40 (EST) — Regular session AST SpaceMobile shares rose 8.6% to $98.34 in Friday afternoon trading after Bank of America raised its price target on the space-based broadband company to $100 from $85 and kept a Neutral rating. (TipRanks) The rebound follows a sharp pullback earlier this week, a reminder of how fast sentiment can…
9 January 2026
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MakeMyTrip stock slides 4.5% in U.S. trade as investors turn to Jan. 22 earnings

MakeMyTrip stock slides 4.5% in U.S. trade as investors turn to Jan. 22 earnings

New York, Jan 9, 2026, 14:10 EST — Regular session MakeMyTrip Limited (MMYT.O) shares fell 4.5% to $78.78 in afternoon trading on Friday, after touching an intraday high of $83.42 and then sliding to as low as $78.37. The stock opened at $82.64 and had traded about 577,000 shares by mid-session. The drop puts the stock on course for its…
9 January 2026
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Seagate (STX) stock rebounds toward $300 after Goldman target hike, earnings in focus

Seagate (STX) stock rebounds toward $300 after Goldman target hike, earnings in focus

New York, January 9, 2026, 14:10 EST — Regular session Seagate Technology Holdings plc (STX.O) gained 5.4% to $299.92 in afternoon trade, bouncing back from a steep slide the prior day and moving higher alongside storage peers. Western Digital (WDC.O) added 4.3%. Goldman Sachs raised its price target on Seagate to $310 from $280 and reiterated a Buy rating, citing…
9 January 2026
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Stock Market Today

  • IAMGOLD Corporation Stock Surges 32% on Earnings Outlook Despite Past Profit Decline
    January 29, 2026, 6:45 AM EST. Shares of IAMGOLD Corporation (TSE:IMG) have soared 32% in the past month, contributing to a 247% rise over the last year. The stock's price-to-earnings (P/E) ratio stands at 36.9, far above the Canadian average. This high P/E reflects investors' expectations of strong future growth despite a 57% drop in earnings per share last year. Analyst forecasts predict a 205% earnings growth in the coming year, significantly outperforming the broader market's 23% expected rise. While recent profit performance has been disappointing, the market remains bullish on IAMGOLD's prospects, suggesting confidence in a turnaround and justifying the premium valuation.
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