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NASDAQ:USARE 26 May 2026

USA Rare Earth Stock Spikes as Traders Eye Washington Moves

USA Rare Earth Stock Spikes as Traders Eye Washington Moves

• USA Rare Earth shares jumped 9.6% Tuesday afternoon, moving ahead of the overall U.S. market.• The stock gained after the company was picked by the DOE last week for up to $19.3 million in potential funding for rare-earth separation projects.• The grant isn't a lock yet, and the stock is still valued as a bet on a company with little revenue, steep losses, and big expansion plans.
26 May 2026
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Stock Market Today

  • Virax Biolabs Jumps 183% After UK Unit Signs Fosun Diagnostics Supply Deal
    July 9, 2026, 1:27 PM EDT. Shares of Virax Biolabs Group (NASDAQ: VRAX) soared 183% to $9.00 on July 9. The spike came after its UK arm reached an exclusive supply deal with Fosun Diagnostics covering Southeast Asia, including Thailand, Vietnam and Singapore. The agreement focuses on ImmuneSelect, its immune-profiling research product. Virax is looking to move past research-only offerings and grow in the commercial market. The company reported just $12,423 in revenue for fiscal 2026 and a net loss of $5 million. CEO James Foster called the deal a key step. Fosun MedTech, part of Fosun Pharma, which posted $5.8 billion in 2025 revenue, said Virax's platform is a strong research pick. The move follows a one-for-25 reverse split done to keep its Nasdaq listing.
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