Today: 10 June 2026
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NASDAQ:PRLD 4 November 2025

Prelude Therapeutics (PRLD) Stock’s Wild Ride: 150% Surge, Big Pharma Deal & What’s Next

Prelude Therapeutics (PRLD) Stock’s Wild Ride: 150% Surge, Big Pharma Deal & What’s Next

Prelude Therapeutics shares surged over 150% on Nov. 3, then dropped about 40% the next day amid record trading. The swings followed news that Incyte Corp. will pay $60 million upfront for rights to Prelude’s JAK2 inhibitor program, with future payments possible. Prelude is pausing one pipeline program, refocusing on two others, and its Chief Medical Officer has departed. Cash reserves now extend operations into 2027.

Stock Market Today

  • Ford Stock Dips as AI and Energy Storage Gains Stall After Recent Rally
    June 9, 2026, 6:46 PM EDT. Ford Motor's stock slipped to $14.95 in late U.S. trading following a strong rally driven by its battery energy-storage systems (BESS) push. The company's recent market value surged about $17 billion since Ford Energy's May announcement, despite ongoing profit questions. General Motors also made moves, partnering with Peak Energy on sodium-ion batteries for stationary power markets, while Ford secured a 5-year, 20-gigawatt hour deal with EDF North America starting in 2028. Analysts highlight regulatory factors supporting Ford's battery supply chain advantage under U.S. Foreign Entity of Concern rules. Meanwhile, May U.S. sales data revealed a 13.6% drop in total sales, with electric vehicle and pickup sales declining, except for Maverick pickups, which rose 10%. Market volatility persists with Dow gains and tech-led Nasdaq decline.

Latest articles

Xcel Brands Pops on Coco Rocha-Baggallini News; Small Float Triggers Move

Xcel Brands Pops on Coco Rocha-Baggallini News; Small Float Triggers Move

10 June 2026
Xcel Brands soared 10.5% to $2.10 on record volume after announcing an exclusive Baggallini-Coco Rocha handbag deal, despite reporting a $2.5 million Q1 net loss and just $0.2 million in cash; with under 4 million shares in its float and potential for future stock dilution, investors face both sharp price swings and ongoing financial risks.
D-Wave Quantum Drops Almost 9% As QBTS Grabs Attention Again

D-Wave Quantum Drops Almost 9% As QBTS Grabs Attention Again

10 June 2026
D-Wave Quantum plunged 8.94% to $23.52 as investors dumped speculative tech stocks ahead of key inflation data, despite the company touting a 1,994% surge in Q1 bookings and a potential $100 million federal award that is not yet finalized; revenue fell 81% and D-Wave posted an $18.4 million net loss, with rivals IonQ, Rigetti, and Quantum Computing Inc. also down about 9–10%.
Ford AI, energy gains pause after rally

Ford AI, energy gains pause after rally

10 June 2026
Ford shares dipped to $14.95 in late trading as investors weighed GM’s new sodium-ion battery partnership against Ford’s own $17 billion energy-storage rally, with May sales down 13.6% and EDF deliveries not expected until 2028, leaving the stock’s future tied to contracting momentum and regulatory advantages.
NuScale Tumbles as Nuclear-AI Trade Hits Bump

NuScale Tumbles as Nuclear-AI Trade Hits Bump

10 June 2026
NuScale Power plunged 7.2% to $10.00 on heavy volume as investors cut exposure to speculative nuclear stocks amid a Nasdaq selloff, with no new contracts announced and revenue down sharply year-over-year; the company’s future hinges on landing binding module deals and project financing, leaving shares sensitive to risk-off sentiment.
Visa, Mastercard get court win in $38 billion swipe-fee case

Visa, Mastercard get court win in $38 billion swipe-fee case

10 June 2026
Visa and Mastercard shares jumped 1.7% and 2% after a Brooklyn judge gave preliminary approval to their $38 billion swipe-fee settlement with U.S. merchants, a deal expected to save merchants $38 billion by 2031 and cap standard consumer-card rates at 1.25% for eight years, though major retailers and trade groups remain opposed.
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