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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

  • FTSE 100 Slips Amid Rising U.S. Bond Yields and Iran Tensions
    May 20, 2026, 6:30 AM EDT. The FTSE 100 fell 0.50% as global markets reacted to surging U.S. bond yields and geopolitical tensions between the U.S. and Iran. The 30-year U.S. Treasury yield remained near a 16-year high of 5.17%, while the 10-year yield hovered close to 4.66%. UK inflation softened to 2.8% in April, below expectations, easing pressure on the Bank of England for further rate hikes. However, producer price inflation rose sharply to 4%, driven by supply disruptions linked to Middle East tensions. Geopolitical concerns intensified after President Trump hinted at possible military action against Iran, escalating market uncertainty. The pound weakened slightly against the dollar, and Bank of England Governor Andrew Bailey was set to discuss the economic outlook amid these developments.

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