Today: 19 May 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

  • Fuller, Smith & Turner PLC Completes Share Buyback Driving Treasury Shares Higher
    May 19, 2026, 3:15 PM EDT. Fuller, Smith & Turner PLC (FSTA) bought 7,504 of its own "A" Ordinary Shares at an average price of 630 pence per share on May 19, 2026, through Deutsche Bank's trading arm, Deutsche Numis, continuing its share buyback programme launched in January 2026. The total listed issued shares now stand at 36.45 million, with 5.31 million shares held in Treasury. Treasury shares are those that the company repurchases and holds rather than canceling, often to support share prices or for future use. This latest transaction adjusts the total voting rights to 31.14 million shares, as per FCA rules on Disclosure and Transparency. Fuller's plans to retain the repurchased shares in Treasury as part of its ongoing capital management strategy.

Latest articles

Marvell Stock Is Jumping Again — The AI Chip Trade Has One Week To Prove It

Marvell Stock Is Jumping Again — The AI Chip Trade Has One Week To Prove It

19 May 2026
Marvell shares climbed 6.6% to $180.04 Tuesday, outperforming a falling Nasdaq as investors positioned ahead of its May 27 earnings call. Trading volume reached 15.3 million shares, with the company’s market value near $155.5 billion. The stock’s rally followed analyst price target hikes and speculation over AI data-center demand. Marvell last reported record annual revenue and forecast further growth led by its data-center business.
Enbridge Stock Hits a 52-Week High Even as Line 5 Fight Throws Up a Fresh Risk

Enbridge Stock Hits a 52-Week High Even as Line 5 Fight Throws Up a Fresh Risk

19 May 2026
Enbridge Inc. shares hit a 52-week high of C$78.25 on Tuesday, rising 2.76% even as the S&P/TSX Composite slipped 0.1% amid inflation concerns. The move came after the company reaffirmed 2026 financial guidance and despite a partial construction pause on its Line 5 project in Wisconsin. Pembina Pipeline shares also rose, though less sharply.
Amazon shares fall as $200 billion AI question lingers

Amazon shares fall as $200 billion AI question lingers

19 May 2026
Amazon shares fell 2.3% to $258.73 Tuesday, underperforming the S&P 500 and Nasdaq as investors trimmed tech holdings ahead of Nvidia’s earnings. AWS revenue jumped 28% to $37.6 billion last quarter, but Amazon’s free cash flow dropped to $1.2 billion over the past year from $25.9 billion, reflecting heavy AI spending.
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