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NASDAQ:CUE 1 May 2026

Cue Biopharma Stock Nearly Doubles After Allergy Drug Deal, New CEO and $30 Million Raise

Cue Biopharma Stock Nearly Doubles After Allergy Drug Deal, New CEO and $30 Million Raise

Cue Biopharma surged Friday morning, the stock boosted by news of a fresh allergy drug license. The Boston biotech also unveiled a $30 million private placement and named Shao-Lee Lin as its new chief executive. Shares jumped 91.4% to $28.21 as of 11:03 a.m. EDT, according to market data, following a Thursday close at $14.74. The stock had kicked off the session at $33.75, but later lost some ground.

Stock Market Today

  • Valero Energy Added to Five Russell Indexes, Dropped from Midcap Benchmarks
    July 3, 2026, 4:01 PM EDT. Valero Energy (NYSE:VLO) was moved into five Russell indexes, including the Top 200 Value, Top 200 Growth, and 3000 Growth benchmarks, and was dropped from Russell Midcap indexes. The changes push Valero further into the large-cap, growth-oriented group of refiners similar to Marathon Petroleum and Phillips 66. Index funds may shift allocations as a result. The reclassification could help boost liquidity and trading in the stock. Market watchers say the move shows changing investor views of Valero as it navigates regulatory and renewables pressures. Investors following index moves will be watching Valero's market position and outlook for earnings.
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