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NASDAQ:IRTC 9 January 2026 - 13 January 2026

iRhythm (IRTC) stock slides as 2026 outlook and holding-company switch land

iRhythm (IRTC) stock slides as 2026 outlook and holding-company switch land

iRhythm Technologies shares dropped 7.5% to $156.24 Tuesday after the company announced 2026 sales targets and a restructuring plan during the J.P. Morgan Healthcare Conference. The company raised its 2025 revenue forecast above $740 million and projected 2026 revenue of $870–$880 million. iRhythm also created a new holding-company structure, effective Jan. 12, with no change to its ticker symbol.
13 January 2026
iRhythm (IRTC) stock drops after JPM update points to $880 million 2026 revenue

iRhythm (IRTC) stock drops after JPM update points to $880 million 2026 revenue

iRhythm shares fell 5.6% to $169.30 in late trading Monday after the company forecast 2026 revenue of $870–$880 million and an adjusted EBITDA margin of 11.5%–12.5%. Investors focused on the lack of detailed cost and margin data, as well as an upcoming corporate name change. About 1.35 million shares traded, with the stock swinging between $157.34 and $179.82. The company’s update remains preliminary.

Stock Market Today

  • Axon Enterprise Shares Drop 3.94% Amid Mixed Market Performance Ahead of Earnings
    June 9, 2026, 7:33 PM EDT. Axon Enterprise (AXON) shares fell 3.94% to $452.51, underperforming the S&P 500's 0.26% decline in the latest session. Despite this, AXON gained 19.45% over the past month, outpacing the Aerospace sector's 1.06% and the S&P 500's 0.23%. Analysts project a 9.91% EPS decrease to $1.91 but anticipate a 29.89% revenue rise to $868.35 million for the upcoming quarter. Full-year forecasts include earnings of $8.09 per share and $3.64 billion in revenue, up 18.1% and 30.99% respectively. AXON holds a premium forward P/E ratio of 58.23 versus its industry's 35.86 and a PEG ratio of 1.93, slightly better than the Aerospace Defense Equipment industry's 2.15. AXON is a Zacks Rank #1 (Strong Buy), with a 3.48% EPS estimate increase last month, signaling analyst confidence ahead of earnings.

Latest articles

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

American Airlines Stock Rises on Google Fuel Deal, Market Watches for Fuel Shock

10 June 2026
American Airlines surged to $14.09, up 48.5 cents, after announcing a three-year sustainable aviation fuel deal with Google covering 35 million gallons, as investors focused on surging fuel costs that jumped 78% in April to $6.5 billion; the stock rose in line with airline peers amid a drop in crude prices, while American’s 2026 outlook remains pressured by higher fuel expenses and a narrowed profit forecast.
Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

Nokia Drops 7% After Nvidia 6G Chatter Hits AI Stocks

10 June 2026
Nokia shares plunged 6.99% to 11.970 euros in Helsinki after reports of Nvidia’s push into future mobile-network tech raised fears over Nokia’s AI-driven growth story, with investors questioning whether Nokia can maintain its edge as competition intensifies and its forward P/E more than doubles this year.
Social Security Risks 22% Cuts by 2032—Timing Moves Up

Social Security Risks 22% Cuts by 2032—Timing Moves Up

10 June 2026
Social Security’s retirement and survivor fund will run out of reserves in late 2032, forcing a 22% cut to benefits unless Congress acts, as lower fertility, weaker immigration, and reduced tax revenue from Trump’s 2025 law worsen the outlook, trustees warned Tuesday.
Casey’s climbs late as pizza and fuel beat Street

Casey’s climbs late as pizza and fuel beat Street

10 June 2026
Casey’s shares jumped nearly 3% after hours as the company smashed Wall Street’s profit and revenue forecasts, fueled by record earnings, strong pizza and fuel sales, a 14% dividend hike, and a $1 billion buyback expansion, making its S&P 500 debut a standout despite flat fuel volume guidance for 2027.
Oracle shares fall ahead of looming AI earnings test

Oracle shares fall ahead of looming AI earnings test

10 June 2026
Oracle shares slid 2.84% to $205.81 ahead of Wednesday’s earnings, as investors brace for proof that its costly AI-cloud buildout can deliver; options pricing signals potential 11% stock swing, with focus on cloud capacity, margins, and spending after Oracle’s own high growth guidance and recent data-center delay concerns.
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