Today: 19 May 2026
Browse Category

OSE:KOG.OL 6 February 2026

Kongsberg Gruppen ASA stock price jumps 14% as Q4 backlog hits record and €140m weapons order lands

Kongsberg Gruppen ASA stock price jumps 14% as Q4 backlog hits record and €140m weapons order lands

Kongsberg shares jumped 14% to 367.15 crowns after reporting record Q4 results and a €140 million weapons contract. The company set a regular 2.20 crowns and special 3.50 crowns dividend, pending April 13 approval. Order backlog reached 157.4 billion crowns. Kongsberg confirmed plans to spin off its maritime unit with a separate listing targeted for April 23.

Stock Market Today

  • TSX Penny Stock Picks: Canuc Resources, Decibel Cannabis, and Mercanto Holdings
    May 19, 2026, 8:49 AM EDT. The Canadian TSX market shows resilience with 2026 earnings growth revisions. Penny stocks like Canuc Resources (CA$25.18M market cap) focus on oil, gas, and precious metals exploration but remain pre-revenue and unprofitable with a CA$9.44M net loss in 2025. Canuc employs AI technology and has no debt. Decibel Cannabis (CA$72.13M market cap) generates CA$112.72M revenue from cannabis but posted a CA$2.92M net loss; it has solid liquidity and reduced debt significantly. Both companies exhibit growth potential amid cautious optimism. Investors interested in smaller-cap stocks might consider these opportunities within energy, materials, and cannabis sectors on TSX.

Latest articles

Wellgistics Health Doubles, WGRX Heads Into Key Test

Wellgistics Health Doubles, WGRX Heads Into Key Test

19 May 2026
Wellgistics Health shares fell 21.1% to $0.14 in premarket trading Tuesday after more than doubling Monday. The company delayed its quarterly report, withdrew proxy materials, and is reviewing potential strategic transactions. First-quarter results are due after the market closes. The moves follow a non-binding $15 million acquisition proposal for WellCare Today.
Roblox Stock Moves Up Early, Safety Issues Still Linger

Roblox Stock Moves Up Early, Safety Issues Still Linger

19 May 2026
Roblox shares traded at $47.41 in early New York hours Tuesday, extending gains after third-party data showed a week-over-week rise in concurrent users. Needham maintained its Buy rating and $60 target. The stock remains pressured by a lowered 2026 bookings outlook, tied to new safety and age-check measures. Roblox reported Q1 revenue of $1.4 billion and bookings of $1.7 billion.
Amer Sports Rises Premarket on Salomon Strength

Amer Sports Rises Premarket on Salomon Strength

19 May 2026
Amer Sports raised its 2026 sales, margin, and profit outlook after first-quarter revenue jumped 32% to $1.95 billion, beating forecasts. Shares rose 4.18% in premarket trading to $34.54. Adjusted earnings reached 38 cents a share, above analysts’ estimates. Growth was led by Arc’teryx, Salomon softgoods, and Wilson Tennis 360.

Popular

Why Plug Power Stock Is Falling Today After Its Hydrogen Rally

Why Plug Power Stock Is Falling Today After Its Hydrogen Rally

18 May 2026
Plug Power shares dropped 9.8% to $3.41 in late-morning trading Monday, erasing part of last week’s post-earnings rally. The company reported first-quarter revenue of $163.5 million and improved margins, but posted a net loss of $245.3 million. Investors remain concerned about cash burn and future dilution. Other hydrogen stocks also fell sharply.
Go toTop