Today: 29 April 2026
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NYSE:PSN 5 December 2025 - 8 December 2025

Biggest Stock Losers Today: LEGN, MRVL, UL and More Slide as Wall Street Braces for a Fed Rate Cut (December 8, 2025)

Biggest Stock Losers Today: LEGN, MRVL, UL and More Slide as Wall Street Braces for a Fed Rate Cut (December 8, 2025)

Legend Biotech fell 12.8% to a new 52-week low Monday, leading U.S. stock declines as the S&P 500 hovered just below record highs ahead of the Fed’s rate decision. Marvell Technology dropped 8.6%, Unilever ADR lost 7%, and several others slid 4–6%. Traders priced in an 85–90% chance of a 25-basis-point Fed rate cut this week.
Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: December 5, 2025 News, Forecasts and Investor Outlook

Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss: December 5, 2025 News, Forecasts and Investor Outlook

Parsons shares plunged 21% to close at $66.65 on December 5, after the company lost a $12.5 billion FAA air traffic control contract to Peraton. The stock hit an intraday low of $62.33, with trading volume over 11.6 million shares. The sell-off marked Parsons’ worst single-day percentage drop on record, erasing expectations for a major growth driver.
Biggest Stock Losers Today (December 5, 2025): Parsons, Adaptive Biotechnologies, SentinelOne, SoFi and More Slide Despite Calm Markets

Biggest Stock Losers Today (December 5, 2025): Parsons, Adaptive Biotechnologies, SentinelOne, SoFi and More Slide Despite Calm Markets

The S&P 500 closed at 6,870.40, up 0.19% Friday, while Bitcoin fell 3% to just under $89,300. Parsons plunged 21% after losing a key FAA contract; other steep U.S. decliners included Adaptive Biotechnologies, SentinelOne, and several Brazilian financials. Brazil’s Bovespa index dropped 4% after Jair Bolsonaro endorsed his son for president, sending the real down 3%.
Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss – But New $3.5 Billion Defense Wins Keep the Long‑Term Story Alive (December 5, 2025)

Parsons Corporation (PSN) Stock Plunges After FAA Contract Loss – But New $3.5 Billion Defense Wins Keep the Long‑Term Story Alive (December 5, 2025)

Parsons shares plunged about 20% on December 5, 2025, after the FAA awarded the $30 billion Brand New Air Traffic Control System contract to rival Peraton. Trading volume topped 11 million shares, with prices hitting an intraday low near $62. Parsons had announced new defense and infrastructure contracts the same day, including a $3.5 billion DTRA award.

Stock Market Today

  • Element Solutions Beats Q1 Earnings and Revenue Estimates on Strong Electronics Demand
    April 29, 2026, 10:01 AM EDT. Element Solutions Inc. (ESI) reported first-quarter 2026 earnings of 41 cents per share, excluding one-time items, beating the Zacks Consensus Estimate of 38 cents. Net sales rose 41% year over year to $840 million, surpassing the consensus of $744.4 million, driven by strong demand in its Electronics segment for AI infrastructure and high-performance electronics. The Electronics segment's organic net sales grew 15%, with adjusted EBITDA up 34%. However, net income fell 43% year on year to $56 million due to prior-year gains. ESI's cash decreased substantially, and debt rose to $2.06 billion. The company raised its full-year adjusted EBITDA outlook to $665 million-$685 million. Shares have surged 91.7% over the past year, outperforming the industry rise of 9.8%, while maintaining a Zacks Rank #3 (Hold).

Latest article

Lemonade Stock Jumps as Q1 Revenue Surge Sharpens Its 2026 Profit Test

Lemonade Stock Jumps as Q1 Revenue Surge Sharpens Its 2026 Profit Test

29 April 2026
Lemonade Inc reported first-quarter revenue of $258 million, up 71% from a year earlier, and narrowed its net loss to $35.8 million, or 47 cents a share. Shares rose 5.6% in premarket trading after results beat estimates. In-force premium climbed 32% to $1.33 billion, with customers up 23% to 3.14 million. The company raised its 2026 outlook and now expects full-year revenue of up to $1.203 billion.
Biogen Cuts 2026 Profit Forecast After Q1 Beat as Leqembi Sales Surge

Biogen Cuts 2026 Profit Forecast After Q1 Beat as Leqembi Sales Surge

29 April 2026
Biogen lowered its 2026 adjusted earnings forecast to $14.25–$15.25 per share, citing research and development charges from recent acquisitions. First-quarter revenue rose 2% to $2.48 billion, with adjusted earnings of $3.57 per share, beating analyst estimates. Leqembi sales climbed 74% to $168 million globally.
Visa Stock Jumps as Earnings Beat and $20 Billion Buyback Ease Spending Fears

Visa Stock Jumps as Earnings Beat and $20 Billion Buyback Ease Spending Fears

29 April 2026
Visa shares jumped 5% premarket Wednesday after the company beat quarterly profit estimates, raised its full-year outlook, and announced a $20 billion buyback. Adjusted net income rose to $6.3 billion, or $3.31 a share, topping forecasts. Payments volume climbed 9%, cross-border volume 12%. Visa cited resilient consumer spending but flagged Middle East tensions as a risk to travel flows.
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