Today: 18 June 2026
Browse Category

NASDAQ:AVTX 6 May 2026

Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics Stock Jumps As $375 Million Raise Follows Phase 2 HS Trial Win

Avalo Therapeutics priced a $375 million public offering after reporting positive Phase 2 results for abdakibart in hidradenitis suppurativa. The company will sell 19.73 million shares at $17.75 each and pre-funded warrants for 1.4 million shares. Shares rose 34% to $21.73 by midday. The Phase 2 trial showed HiSCR75 response rates of over 42% for both dosing regimens versus 25.6% for placebo.
6 May 2026
··

Stock Market Today

  • Dow Jones Movers: Caterpillar Surges, IBM Declines
    June 18, 2026, 10:51 AM EDT. Shares of Caterpillar led gains among Dow Jones Industrial Average components, rising 3.5% in early trading on Thursday, pushing its year-to-date gain to 72.7%. International Business Machines (IBM) lagged, falling 5.4%, extending its year-to-date decline to about 16.2%. Other notable movers included Salesforce, down 2.6%, and Home Depot, up 2.8%. The Dow's performance reflected a mixed day with Caterpillar's robust industrial demand contrasting with IBM's selloff amid broader tech sector pressures.

Latest articles

IBM’s $15 Billion Move Catches Wall Street’s Eye Ahead of the Open

IBM drops after Accenture outlook, AI control worries hit IT services stocks

18 June 2026
IBM plunged 6.9% to $244.20 after Accenture’s weak sales outlook and IBM’s own AI study raised fresh concerns that customers lack control over AI systems, fueling fears that worries over vendor lock-in and business disruption could slow enterprise AI spending and pressure IBM’s consulting revenues.
QuantumScape Stock Ends Volatile Week Down; Bulls Still Looking for Key Catalyst

QuantumScape stock rises after Honda solid-state battery research deal

18 June 2026
QuantumScape shares jumped 5.7% to $7.29 after Honda R&D agreed to a multi-year solid-state battery research program, giving investors a new automaker validation point, but the company still has no revenue, no disclosed commercial supply timetable, and warns significant production is not expected in the near term.
Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

Energy Fuels Stock Jumps as $725 Million U.S. Loan Commitment Lifts Rare Earth Plans

18 June 2026
Energy Fuels surged 10% to $16.84 after a conditional U.S. government loan commitment of up to $725 million for White Mesa Mill expansion and a planned U.S. rare earth facility, outpacing uranium and rare earth peers; the loan remains subject to due diligence, final agreements, and approvals, with risks including commodity prices, permitting, and execution flagged by the company.
Go toTop