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NASDAQ:INMD 19 May 2026

InMed Soars 100% on $290M Migraine Deal

InMed Soars 100% on $290M Migraine Deal

InMed Pharmaceuticals shares jumped 108.6% to $1.42 after agreeing to merge with Mentari Therapeutics in an all-stock deal, shifting focus to migraine prevention. The combined company will operate as Mentari, backed by a $290 million private placement, with InMed shareholders owning about 1.51%. Nearly 69.6 million shares traded, and InMed’s market value reached $5.7 million.
19 May 2026
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Stock Market Today

  • Dow Jones, Nasdaq, S&P 500 Intraday Levels Signal Uncertainty in Stock Market Rally
    May 19, 2026, 1:38 PM EDT. The recent intraday levels of the Dow Jones, Nasdaq, and S&P 500 indexes suggest potential volatility ahead. MarketPulse, an award-winning analysis service by OANDA, highlights shifts in forex, commodities, and global indices, reflecting broader macroeconomic and geopolitical factors. Investors are watching closely for signs the stock market rally may be pausing or reversing amid changing market conditions. These indexes serve as key barometers for market sentiment and economic health in the U.S. equity space.

Latest articles

Celestica Drops in Toronto as AI Hardware Trade Struggles

Celestica Drops in Toronto as AI Hardware Trade Struggles

19 May 2026
Celestica’s Toronto-listed shares fell about 5% Tuesday as the TSX reopened after Victoria Day, mirroring a 4.4% drop in its U.S.-listed shares Monday. The stock has retreated despite Celestica raising its 2026 revenue and profit outlook last month. Shares traded near $340.54 in New York early Tuesday afternoon. Other contract manufacturers, including Jabil and Flex, also declined.
CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

CMB.Tech Shares Rise on Big Q1 Profit, Announces $0.64 Dividend

19 May 2026
CMB.TECH shares rose 12.15% to 14.58 euros in Brussels after first-quarter profit jumped to $368.8 million from $40.4 million a year earlier. The company plans a $0.64-a-share distribution, pending approvals. CEO Alexander Saverys cautioned that tanker rates could fluctuate if the Strait of Hormuz reopens.
Chewy Slides After Consumer Warning

Chewy Slides After Consumer Warning

19 May 2026
Chewy shares fell 7.8% to $19.95 in midday trading Tuesday after CEO Sumit Singh warned of increased consumer spending pressure at a JPMorgan conference. Trading volume topped 10.3 million shares. The drop outpaced declines in the S&P 500 and Nasdaq. Chewy reports fiscal first-quarter results before markets open June 10.
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