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NASDAQ:FWONA 16 May 2026

Formula One Stock Dips Heading Into Weekend, Traders Set Sights on Next Moves

Formula One Stock Dips Heading Into Weekend, Traders Set Sights on Next Moves

FWONK shares fell on Friday, ending at $89.54, down 1.79%. The drop comes after gains earlier in the week following earnings. The stock lost about 5.2% since closing at $94.45 on May 8. Investors are watching Liberty Media’s Formula One Group as the company reported a stronger first quarter, but also announced a new corporate-structure move and a slimmer race calendar for 2026.
16 May 2026
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Stock Market Today

  • US Futures Mixed as SK Hynix Readies $26.5B Nasdaq Debut
    July 10, 2026, 8:15 AM EDT. US stock futures were uneven Friday morning. Dow futures rose 0.2%. S&P 500 futures stayed flat, while Nasdaq 100 futures slipped 0.2%. Traders looked to SK Hynix's US launch. The South Korean chipmaker, a major Nvidia partner, raised $26.5 billion. It's the biggest US IPO by a foreign firm and puts the AI rally in focus. Chip shares fell in premarket trade. Oil gained on Middle East worries and slowdowns at the Strait of Hormuz, with Brent above $76. Delta Air Lines dropped even though earnings topped estimates as higher fuel weighed.
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