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NASDAQ:LGND 13 January 2026

Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

Ligand Pharmaceuticals stock slides as FDA pushes back Travere’s Filspari decision to April 13

Ligand Pharmaceuticals shares fell 10.6% after the FDA extended its review of partner Travere’s Filspari label expansion, resetting the decision deadline to April 13. Travere shares dropped 19%. The FDA classified the latest filing as a “major amendment” but did not request new safety or manufacturing data. The broader biotech sector was little changed.

Stock Market Today

  • Soybeans Trading Slightly Lower Amid Mixed Data and Imports
    June 9, 2026, 2:36 PM EDT. Soybeans exhibited light weakness Tuesday, with cash prices down 1.75 cents to $10.56 per bushel. Futures for July, August, and November contracts all retreated by 2 to 3.5 cents. The USDA's Crop Progress report showed 92% of U.S. soybeans planted as of June 7, 4% above normal, while crop condition ratings slipped slightly to 65% good or excellent. Chinese soybean imports in May dropped 15.3% year-on-year to 11.79 million metric tons. Meanwhile, Brazil's June export estimates rose to 14.38 MMT, up from 12.36 MMT previously, reflecting shifting global supply dynamics. Soymeal and soy oil futures displayed varied movement, with soymeal down modestly and soy oil trending higher. Markets continue to price in these mixed signals amid evolving global demand and production factors.

Latest articles

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

Vanguard’s $1 Trillion VOO ETF Draws Investor Questions About the Road Ahead

9 June 2026
Vanguard’s S&P 500 ETF (VOO) became the first ETF to surpass $1 trillion in assets, drawing renewed scrutiny to low fees, index concentration, and valuation risks as tech stocks slid and VOO fell about 1% Tuesday, highlighting investor debate over sticking with S&P 500 trackers or shifting to broader funds like VTI.
AI chip ETF bulls hit with more losses as leveraged funds slide

AI chip ETF bulls hit with more losses as leveraged funds slide

9 June 2026
SOXL plunged 15.4% as leveraged semiconductor funds led tech’s sharp selloff, testing the narrow AI trade behind this year’s market gains; major chip stocks like AMD and Broadcom also tumbled, with investors eyeing Wednesday’s CPI data and the upcoming SpaceX listing as key risks for further volatility.
Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

Bitcoin Hovers at $61,000 With CPI Report in Focus for Crypto Traders

9 June 2026
Bitcoin slid to near $61,000, down 3%, as traders cut risk ahead of Wednesday’s U.S. inflation report, which is expected to show May CPI up 4.2% year-on-year—well above the Fed’s 2% target—keeping rate-hike risk in play and pressuring crypto and related stocks, with $5.8 billion in digital asset outflows reported in recent weeks.
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