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LSE:CVG 24 February 2026

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 today: UK shares finish flat as tariff and AI worries hit banks; Convatec jumps

FTSE 100 closed down 0.04% at 10,680.59; FTSE 250 slipped 0.2%. Convatec surged 10.4% after raising its growth target, while Unite Group dropped 14.3% on a weaker student demand outlook. Standard Chartered missed profit estimates despite a 16% gain and a $1.5 billion buyback. Investors watched new U.S. tariffs and Bank of England rate signals.
24 February 2026
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POET Gets $400M Infusion But Shares Drop

POET Gets $400M Infusion But Shares Drop

18 May 2026
POET Technologies closed a US$400 million direct investment with MMCAP International, issuing 19 million shares and warrants at $21 each. Shares fell 14.2% to $13.70 in heavy Nasdaq trading after opening higher. The funding follows a $50 million Lumilens order and a first-quarter net loss of $12.3 million. TSX Venture shares did not trade due to a Canadian holiday.
Why Plug Power Stock Is Falling Today After Its Hydrogen Rally

Why Plug Power Stock Is Falling Today After Its Hydrogen Rally

18 May 2026
Plug Power shares dropped 9.8% to $3.41 in late-morning trading Monday, erasing part of last week’s post-earnings rally. The company reported first-quarter revenue of $163.5 million and improved margins, but posted a net loss of $245.3 million. Investors remain concerned about cash burn and future dilution. Other hydrogen stocks also fell sharply.
Ford’s Energy Bump Cools Off Despite EDF Tie-Up; EV Worries Still Linger

Ford’s Energy Bump Cools Off Despite EDF Tie-Up; EV Worries Still Linger

18 May 2026
Ford shares fell 1.2% to $13.24 by midday Monday after announcing a battery-storage deal with EDF and a new Europe product plan. The EDF agreement could bring up to 20 GWh of storage orders over five years, but deliveries start in 2028. Ford also plans to launch seven new models in Europe by 2029.
Nasdaq 100 Falls Below 29,000 as Wall Street Eyes Market Moves

Nasdaq 100 Falls Below 29,000 as Wall Street Eyes Market Moves

18 May 2026
The Nasdaq-100 dropped below 29,000 on Monday, closing at 28,880.80, down 0.84%. Technical analysts flagged 29,000 as key support, with chip stocks and AI shares central to the recent rally. The 10-year Treasury yield eased to 4.573%, while Brent crude fell nearly 2%. Nvidia’s earnings on Wednesday are now in focus as traders gauge the market’s next move.

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Redwire Shares Up 27%, Focus Turns to Next Test Today

Redwire Shares Up 27%, Focus Turns to Next Test Today

18 May 2026
Redwire Corp shares held near $14.06 in premarket trading Monday after a 27% rally last week, as investors awaited updates from the SOF Week defense event in Tampa. The company reported a contracted backlog of $498.1 million at March 31 and first-quarter revenue of $97.0 million, but posted a net loss of $76.5 million. Redwire recently launched a $350 million at-the-market stock sale program.
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