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NYSE:OGN 23 February 2026

Organon stock jumps in premarket after MIUDELLA licensing deal, with 10-K filing in focus

Organon stock jumps in premarket after MIUDELLA licensing deal, with 10-K filing in focus

Organon shares jumped 7.8% to $8.10 in premarket trading Monday after the company announced a global licensing deal for MIUDELLA, a hormone-free copper IUD from Sebela Pharmaceuticals. Organon agreed to pay $27.5 million upfront and up to $505 million in sales-based milestones, pending antitrust and FDA approvals. The company’s dividend record date is Monday, with payment set for March 12.

Stock Market Today

  • Adani Total Gas Shares Drop Over 12% in Two Sessions Amid Profit Booking and Price Cuts
    March 16, 2026, 4:19 AM EDT. Adani Total Gas shares fell more than 12% over two trading sessions following a nearly 30% rally in three days. The stock slipped 6% intraday on Monday as investors booked profits after sharp gains. The decline followed an exchange query over the stock's significant price movement, which the company attributed solely to market conditions. Ahead of the drop, the company reduced the price of excess natural gas for industrial customers by about 31%, reflecting softer upstream gas prices amid supply disruptions. The government issued an order prioritizing gas supply for domestic and transport use amid geopolitical tensions and disrupted supplies caused by the Middle East conflict. These geopolitical factors and regulatory moves continue to impact Adani Total Gas's operational dynamics and market sentiment.
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