Today: 13 June 2026
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NASDAQ:PLCE 13 June 2026

Stock Market Today

  • SpaceX IPO Turns Employees Into Millionaires as Shares Surge
    June 12, 2026, 6:38 PM EDT. SpaceX's historic IPO on the public market is delivering significant financial gains for thousands of current and former employees who received stock options as part of their pay. Employees from diverse roles, including engineers, baristas, and janitors, see their shares locked up until specific periods post-IPO allow selling. Stocks debuted at $135 per share, boosting wealth for workers like former welder Juan Hernandez, who holds shares now worth nearly $880,000. The IPO also solidified Elon Musk's position as the world's first trillionaire. The opportunity for employees to own stock is seen as motivation to enhance performance, with many expressing gratitude and plans to continue contributing amid their newfound wealth.

Latest articles

Children’s Place Falls After Q1 Loss Grows

Children’s Place Falls After Q1 Loss Grows

13 June 2026
The Children’s Place reported Q1 net sales down 11.1% to $215.2 million and a wider net loss of $53.2 million, while PLCE stock closed at $3.48, down 3.06%, as investors await signs that back-to-school demand, tariff refunds, and cost cuts can stabilize margins and cash flow amid ongoing cash burn and sales declines.
Intel Shares Face Early Test After Google-Driven Spike

Intel Stock Surges Again as AI Foundry Hopes Challenge Valuation Fears

13 June 2026
Intel surged 6.5% to $124.57 after Bank of America upgraded the stock to Buy and raised its price target to $135, citing confidence in Intel’s ability to win manufacturing customers and benefit from AI server demand, while investors await Q2 guidance and confirmation of reported foundry orders from Google.
American Airlines extends run as oil slips, routes expand

American Airlines extends run as oil slips, routes expand

13 June 2026
American Airlines shares surged 2.25% to $14.98 Friday on heavy volume after oil prices tumbled, easing fuel cost concerns; the stock remains about 5% below the average analyst target, with risks from high debt, thin earnings, and recent removal from the Dow Jones Transportation Average.
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