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NASDAQ:DFNT 18 April 2026

Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

Why Definium Therapeutics’ LSD-Based Drug Has Wall Street Watching 2026

Definium Therapeutics shares rose to $22.68 after Stifel and Piper Sandler initiated coverage with Buy ratings, citing late-stage trials of DT120, an LSD-based tablet for anxiety and depression. The company will host an investor day April 22 in New York to discuss upcoming Phase 3 data. DT120 is in four pivotal studies, with top-line results expected through 2026. Johnson & Johnson and Compass Pathways are advancing rival clinic-based psychiatric drugs.

Stock Market Today

  • SpaceX Stock Falls After Initial Rally, Faces Key Support Levels Amid Mixed Analyst Views
    June 18, 2026, 9:54 AM EDT. SpaceX (SPCX) stock has experienced its first full-session pullback since listing, falling 4.95% to $191.82 on June 17 and dropping further in pre-market trading. The stock retraced 15% from its high of $225.64, prompting concerns over profit-taking and a shift in market sentiment. Analysts are divided, with bullish forecasts like Zephirin Group's $310 target citing growth in AI and aerospace, while others, such as CFRA's Keith Snyder, warn current prices overstate fundamentals and set a $115 target. Critical support lies at $187-$190; holding this could sustain hopes to retest $200 and beyond, but a drop below $187 may trigger deeper corrections toward $160, a key psychological level. The stock's trajectory remains uncertain amid lock-up expirations and valuation debates.

Latest articles

Kroger edges down after it sticks to 2026 guidance

Kroger edges down after it sticks to 2026 guidance

18 June 2026
Kroger shares fell about 3% in premarket trading after first-quarter adjusted profit missed estimates by a cent despite a sales beat, as margin pressure from price cuts and higher transport costs raised investor doubts about CEO Greg Foran’s strategy to win back shoppers from Walmart and Costco.
HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

HIVE Digital shares jump in premarket after $220 million Bell-Cohere AI contract

18 June 2026
HIVE Digital Technologies surged 11% in premarket trading after its BUZZ HPC unit landed a $220 million, three-year GPU cloud contract with Bell AI Fabric and Cohere, expected to add $70 million in annual recurring revenue and boost contracted AI-compute revenue above $100 million, as investors look for growth beyond bitcoin mining.
AT&T falls in early trading on CFO transition, spotlight on fiber costs

AT&T falls in early trading on CFO transition, spotlight on fiber costs

18 June 2026
AT&T shares slipped to $22.37 premarket as investors weighed CFO Pascal Desroches’ year-end retirement and Jennifer Biry’s 2027 succession amid heavy fiber and 5G spending, ongoing wireless competition from Verizon, and looming risks from SpaceX’s Starlink; next financial update set for July 22.
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