Today: 23 May 2026
Browse Category

NASDAQ:LTRX 28 January 2026

Lantronix stock jumps 26% in premarket as drone-defense AI tie-up grabs attention ahead of earnings

Lantronix stock jumps 26% in premarket as drone-defense AI tie-up grabs attention ahead of earnings

Lantronix shares surged 26% to $8.68 in premarket trading Wednesday after announcing a defense-focused AI partnership with Safe Pro Group. The companies plan to embed threat-detection algorithms into Lantronix’s hardware for drones and unmanned systems. The rally follows an 18% after-hours jump Tuesday. Lantronix reports fiscal Q2 earnings after markets close Feb. 4.
28 January 2026
···

Stock Market Today

  • Remitly Global (RELY) Valuation Review After Recent Stock Gains
    May 23, 2026, 4:46 PM EDT. Remitly Global (RELY) shares have risen 26% over three months, yet recent gains contrast with a 3.4% decline over one year. At $21.58, the stock trades slightly below the fair value estimate of $22.22, implying around 2.9% undervaluation. The firm shows double-digit revenue and net income growth, supported by its expansion in cross-border payments and the Remitly One platform. However, with a price-to-earnings (P/E) ratio of 43x-well above the US Diversified Financial sector's 18x-valuation risk exists if market sentiment shifts. Investors face a balance between optimistic growth prospects and risks from competition and regulatory changes affecting stablecoins and cross-border compliance.

Latest articles

P&G Shares Edge Higher Before Market Close As Inflation Looms

P&G Shares Edge Higher Before Market Close As Inflation Looms

23 May 2026
Procter & Gamble shares closed Friday at $144.44, up 0.73% for a 2% weekly gain, ahead of the Memorial Day market closure. The stock remains well below its 52-week high of $170.99. P&G last reported a 7% rise in net sales and warned of a $1 billion post-tax profit hit in fiscal 2027 from higher oil prices. Colgate-Palmolive Pakistan plans to acquire P&G’s Karachi facility as P&G exits direct operations there.
Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

Disney Faces Long-Weekend Risk With Yields, Streaming, and NYSE Shutdown

23 May 2026
Disney shares closed Friday at $103.00, down 0.56% for the day but up 0.3% for the week, ahead of a three-day U.S. market break. The New York Stock Exchange is shut until Tuesday for Memorial Day. Investors await box-office results for “The Mandalorian and Grogu,” expected to open with $75 million to $100 million in U.S. and Canadian ticket sales. The next key U.S. inflation reading is due Thursday.
Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

Energy Transfer Holds Near Highs as Market Waits on Dakota Access Decision

23 May 2026
Energy Transfer closed at $20.07 Friday, up 0.3% for the day but down 0.4% for the week. U.S. regulators allowed the Dakota Access Pipeline to keep operating under stricter conditions after an environmental review. The S&P 500 rose 0.9% for the week, while the Dow ended at 50,579.70. U.S. markets will remain closed through Monday for Memorial Day.
Go toTop