Today: 9 June 2026
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LSE:PWI 16 February 2026

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

Britain’s FTSE 100 closed up 0.3% at 10,473.69 on Monday, led by NatWest’s 4.8% jump after it launched a £750 million buyback. Defence stocks gained as Prime Minister Keir Starmer called for faster defence spending. The FTSE 250 fell 0.2%, dragged by Pinewood Technologies’ 33% plunge after Apax Partners withdrew. SkinBioTherapeutics tumbled 45% after warning of a major earnings hit.

Stock Market Today

  • SpaceX IPO Set to Be Largest Ever with Significant Retail Investor Interest
    June 9, 2026, 8:17 AM EDT. SpaceX is set to launch the largest initial public offering (IPO) in history this week, aiming to raise $75 billion by offering over 555 million shares at $135 each. This dwarfs previous records, including Saudi Aramco's $26.5 billion and Alibaba's $21.8 billion IPOs. Notably, the company plans to allocate up to 30% of shares to retail investors via platforms like Robinhood, SoFi, Fidelity, Charles Schwab, and E*TRADE, a rare move that could drive volatility. With shares priced at about 100 times trailing sales amid net losses, experts warn that the stock could experience significant price swings post-IPO, fueled by hype and speculative trading.

Latest articles

CCSC stock pops ahead of the bell as Nasdaq deadline looms

CCSC stock pops ahead of the bell as Nasdaq deadline looms

9 June 2026
CCSC Technology International Holdings shares soared 315% to $1.99 in U.S. premarket trading, putting the microcap near Nasdaq’s $1 minimum bid price just days before a June 15 compliance deadline, but only a regular-session closing price above $1 counts toward regaining listing compliance.
Core AI Stock Jumps 474% Premarket, Market Watches Filing

Core AI Stock Jumps 474% Premarket, Market Watches Filing

9 June 2026
Core AI Holdings shares soared 474% to $4.71 in premarket trading on heavy volume despite no new company news, as speculative AI stocks rallied with Nasdaq futures; however, the company faces a going-concern warning, a $32 million deficit, and just $1.93 million in year-end cash, raising major funding and execution risks.
Plug Power Stock Returns to $3 as Traders Zero In on Key Level

Plug Power Stock Returns to $3 as Traders Zero In on Key Level

9 June 2026
Plug Power stock hovered near $3.19 premarket after a 22% drop since June 2, as investors focus on cash and dilution risks ahead of the June 11 shareholder meeting, a recent $39.2 million tax-credit cash raise, and a new Form 144 notice for a proposed 50,000-share sale, keeping the company’s liquidity plan under scrutiny.
Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

Tesla’s China Deal Buys Time. Robotaxi Bets Still in Focus

9 June 2026
Tesla surged 4.63% to $408.97 after May China retail sales jumped 22.53% year-on-year to 47,281 vehicles, ending a two-month decline, giving investors a concrete reason to revisit the stock ahead of Tuesday’s open, but risks remain as year-to-date sales are still down and the robotaxi fleet is small.
Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

Micron Shares Edge Higher Again, But AI Memory Push Still Has a Snag

9 June 2026
Micron Technology jumped 3.77% premarket to $985.04 as investors returned to AI memory stocks, with analyst target hikes and strong demand for high-bandwidth memory driving gains; upcoming June 24 earnings will test whether Micron’s shift to stable, AI-driven revenue can justify its new valuation.
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