Today: 30 June 2026
AST SpaceMobile spike faces 62 million shares sold short
30 June 2026

AST SpaceMobile shares surge, gain almost $6 billion on Japan subsidy report

AST SpaceMobile, Inc. pushed higher in early trading Tuesday, gaining more market cap in one session than the total size of the Japan subsidy that sparked the run. The satellite-to-phone stock finished Monday at $86.77, a jump of 21.44%. Google Finance showed another 0.83% gain to $87.49 in premarket. Nasdaq’s premarket window is from 4:00 a.m. to 9:30 a.m. Eastern. AST closed with a market cap of $33.68 billion, according to Google Finance. Shares jumped 21.44%, tacking on roughly $5.95 billion from the last close. That’s about 6.4 times the $926 million Japanese subsidy pool cited, and market cap is around 36 times that figure. The math is rough—market cap is from the close and doesn't use a fully diluted
Oracle lags tech rebound as backlog schedule puts spotlight on cash shortage

Oracle lags tech rebound as backlog schedule puts spotlight on cash shortage

30 June 2026
Oracle Corporation slipped 0.52% to $147.76 Monday. Shares gave up an early move up tied to AI-infrastructure, finishing weaker while most tech names rose. Stock traded between $145.20 and $154.50. Volume came in at 34.06 million shares, or 126% of its 65-day average, numbers from MarketWatch show. Oracle had climbed 3.5% in premarket trading on Monday after dropping almost 20% last week, its worst week since 2001, MarketWatch reported, citing FactSet. But shares finished lower on the day, even as the S&P 500 added 1.2% and the Nasdaq rose 2.1%.
Palantir (NASDAQ:PLTR) rises after NVIDIA (NASDAQ:NVDA) AI tie-up, but trades at about 39x sales forecast

Palantir (NASDAQ:PLTR) rises after NVIDIA (NASDAQ:NVDA) AI tie-up, but trades at about 39x sales forecast

Palantir Technologies Inc. gained 2.4% to $115.70 late Monday after partnering with NVIDIA Corporation on an AI engine for U.S. government and critical infrastructure clients. Investors bought in: some $5.1 billion worth of Palantir shares traded, and the $2.74 gain tacked on around $7.0 billion in market cap. That’s close to 92% of Palantir’s 2026 revenue guidance midpoint. Palantir shares held close to the big tech ETF in recent trading. The stock outperformed SPDR S&P 500 ETF Trust but stayed in line with Invesco QQQ Trust Series 1. Nvidia posted a smaller gain.
Nasdaq bounce hides thin megacap recovery as US stocks end

Nasdaq bounce hides thin megacap recovery as US stocks end

U.S. stocks climbed Monday, but the close didn’t fully back up the day’s upbeat numbers. The Nasdaq led gains, S&P 500 rose over 1%, and the Dow crossed 52,000. Even so, there weren’t many fresh highs and breadth stayed moderate. The move seemed more about big-cap names bouncing than a real broad rally heading into the end of the quarter. The Dow Jones Industrial Average added 358.34 points, or 0.69%, ending at 52,234.45, according to Reuters. The S&P 500 finished up 78.74 points, or 1.07%, at 7,432.92. The Nasdaq Composite climbed 464.42 points, or 1.84%, closing at 25,761.96.
Grab (NASDAQ:GRAB) shares edge higher with Indonesia fee cut in focus

Grab (NASDAQ:GRAB) shares edge higher with Indonesia fee cut in focus

Grab Holdings Limited traded higher late Monday in New York. Buyers stepped in ahead of a July 1 change to commission rules in Indonesia. The adjustment trims fee revenue, but analysts said the impact may be less severe for the entire company than the headline rate. Shares rose 3.8% to $3.685 at 18:48 UTC, putting the company’s market cap near $14.57 billion. The stock outperformed Uber Technologies Inc, which dropped 2.2%. DoorDash Inc and Sea Ltd also gained but not as much at that point.
Freshworks Inc. (NASDAQ:FRSH) stock jumps as volume surge revives buyback math

Freshworks Inc. (NASDAQ:FRSH) stock jumps as volume surge revives buyback math

Freshworks Inc. rose more than most large software peers on Monday, as a jump in volume pushed the stock back above $10 and put fresh focus on a buyback plan that is large relative to the company’s market value. The shares traded at $10.205 at 3:01 p.m. EDT, up 3.6%. Volume stood at 37.8 million shares, compared with a 65-day average of 12.9 million shares. The stock’s 52-week range is $6.79 to $15.47, leaving it about 34% below last July’s high.
Ouster surges with rally ahead of short-interest update

Ouster surges with rally ahead of short-interest update

Ouster traded sharply higher as buyers piled in even before the latest short-interest numbers landed. The move comes as the rally pushed through earlier resistance. Ouster, Inc. gained $10.25 to $52.27 Monday afternoon, giving the lidar company a market cap of around $3.23 billion. Shares moved between $43.50 and $53.17. Volume for the session was 7.71 million, according to the latest finance feed update.
CrowdStrike (NASDAQ:CRWD) moves past analyst target ahead of stock split

CrowdStrike (NASDAQ:CRWD) moves past analyst target ahead of stock split

CrowdStrike Holdings, Inc. climbed 6.3% to $745.59 late Monday morning, after starting at $710.50 and touching $754.80. The move, calculated from Friday’s close using the current price and market cap, works out to a roughly $11.5 billion jump in equity value. The trade went through during normal Nasdaq hours. Nasdaq’s standard session is 9:30 a.m. to 4:00 p.m. ET. According to the 2026 schedule, the next U.S. stock-market holiday is Friday, July 3, for Independence Day observed.
AT&T shares dip as fiber build-out runs into legacy line disputes

AT&T drops as Starlink and cable stocks split comms index

AT&T Inc. lagged the rest of the communications sector as the market climbed. The stock dropped 5.2% to $21.55 just before noon in New York, trailing the XLC by nearly 7 points. Shares touched a session low of $21.28, trading just 1.2% above that by late morning. The spread is key since this wasn’t just a sector drop. Cash flowed to cable and space plays as legacy wireless carriers fell.
Broadcom shares jump on OpenAI move, margin outlook still in focus for AVGO

Broadcom (NASDAQ:AVGO) AI revenue now over half of forecast, shares still under pressure in June

Broadcom Inc. says AI chip revenue should hit $16.0 billion in its fiscal Q3, making up about 54% of expected revenue, up from 49% in the quarter ended May 3. Still, shares have stayed weak through June, down around 20% for the month, according to Benzinga. Broadcom's split is a signal the company is shifting away from its mixed chip-software setup, pushing harder into AI custom chips. CEO Tan said, “The momentum continues,” noting Q2 AI semiconductor revenue jumped 143% to $10.8 billion. CFO Kirsten Spears told investors operating leverage held up, with adjusted EBITDA reaching 69% of revenue for Q2 and guidance just under that at 68% for Q3.
Moderna (NASDAQ:MRNA) surge puts stock above most analyst targets ahead of FDA review

Moderna (NASDAQ:MRNA) surge puts stock above most analyst targets ahead of FDA review

Moderna, Inc. heads into Monday’s U.S. session with its shares now outpacing most analyst targets, leaving the main story a stock issue instead of a scientific one. The stock traded at $67.63 in premarket at 7:01 a.m. EDT, up 0.54%, after jumping 12.59% to $67.27 on Friday. Volume hit 14.46 million shares Friday, 203% of the 65-day average. Moderna was one of the few large healthcare plays to rally Friday, as the rest of the market drifted lower. The S&P 500 slipped 0.05% and the Nasdaq lost 0.24%, according to Reuters, but Moderna shares shot up nearly 13% after its investor event. Early Monday, U.S. futures traded stronger, with S&P 500 E-minis up 0.68% and Nasdaq 100 E-minis up 1.02%

AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile, Inc. traded higher in premarket action Monday, though the short side looked more crowded. MarketWatch’s delayed quote at 7:01 a.m. EDT showed 461,440 shares traded before the bell. Short interest was reported at 62.49 million shares as of June 15, or 24.09% of public float, according to the same MarketWatch page. MarketWatch’s tape had it set up like this:
Ondas Inc. ONDS stock rises as Russell 3000 add meets short-interest test

Ondas Inc. ONDS stock rises as Russell 3000 add meets short-interest test

Ondas Inc. entered Monday with an index bid on one side and a heavy short base on the other. The stock was quoted at $8.01 in premarket trade at 7:02 a.m. EDT, up 18 cents from Friday’s $7.83 close, with 458,640 shares changing hands before the bell. The regular Nasdaq session was still ahead. Nasdaq hours in New York run from 9:30 a.m. to 4:00 p.m. EDT, and Nasdaq’s 2026 holiday calendar lists the next U.S. closure as July 3 for Independence Day, not June 29.
ACHR stock: Archer Aviation Texas proposal falls short after strong support

ACHR stock: Archer Aviation Texas proposal falls short after strong support

Archer Aviation Inc. comes into the week facing a market hurdle tied to voting, not the planes. The last trade for the stock was Friday’s regular close, with no U.S. equity trading Sunday. Archer gained 1.67% to finish at $4.87, up another 0.81% to $4.9096 in after-hours on 8.62 million shares. MarketWatch data showed the rebound didn’t change much for the short-term setup. Archer stayed near its 52-week low, with short interest stuck close to 20% of the float.
Joby Aviation (NYSE:JOBY) drops below February financing level after surge in trading volume

Joby Aviation (NYSE:JOBY) drops below February financing level after surge in trading volume

The U.S. market was closed Sunday, so Friday was the last regular session. Joby Aviation, Inc. finished at $8.83. Shares slid all week even though the company posted no new press releases. The last update on Joby’s press-release page was first-quarter results on May 5. Its SEC page showed the most recent filings as ownership and proposed-sale forms from June 16, and the last 8-K from June 4. The main action is in the tape. Joby’s traded volume was strong for five sessions. On Friday, 56.24 million shares changed hands, about 181% of its 65-day average volume. The company has 629.73 million shares in public float. As of June 15, short interest was at 100.74 million shares, equal to 16.0%

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Iridium stock trades above Rocket Lab’s $54 bid as collar math narrows deal spread

Iridium stock trades above Rocket Lab’s $54 bid as collar math narrows deal spread

Iridium Communications Inc traded through Rocket Lab Corporation’s proposed takeover value before Tuesday’s regular session, a small gap with a large message: the market is giving the target more than the headline cash-stock price while the deal still has a long path to close. At the dateline time, Nasdaq was in pre-market hours. Its regular session opens at 9:30 a.m. ET, and its 2026 holiday schedule does not list June 30 as a closure. The next listed U.S. stock-market closure is July 3, for Independence Day observed.
Applied Materials stock jumps as AMAT rally outruns Wall Street’s average target

Applied Materials shares surge $54 billion, buyback effect now smaller

Applied Materials heads into Tuesday with a buyback issue of its own making. After shares jumped 10.82% Monday, each dollar left in its repurchase plan now has less impact on earnings per share. The chip equipment stock ended at $694.64, gaining $67.80 on the day after reaching an intraday high of $708.99. Around 14.17 million shares changed hands, which is roughly 1.7 times its 65-day average volume. MarketWatch posted an after-hours quote of $704.01 at 7:59 p.m. EDT.
AST SpaceMobile spike faces 62 million shares sold short

AST SpaceMobile shares surge, gain almost $6 billion on Japan subsidy report

AST SpaceMobile, Inc. pushed higher in early trading Tuesday, gaining more market cap in one session than the total size of the Japan subsidy that sparked the run. The satellite-to-phone stock finished Monday at $86.77, a jump of 21.44%. Google Finance showed another 0.83% gain to $87.49 in premarket. Nasdaq’s premarket window is from 4:00 a.m. to 9:30 a.m. Eastern. AST closed with a market cap of $33.68 billion, according to Google Finance. Shares jumped 21.44%, tacking on roughly $5.95 billion from the last close. That’s about 6.4 times the $926 million Japanese subsidy pool cited, and market cap is around 36 times that figure. The math is rough—market cap is from the close and doesn't use a fully diluted
Nvidia stock finds support as Firmus deal sets AI compute demand figures

Nvidia stock finds support as Firmus deal sets AI compute demand figures

NVIDIA Corporation traded around $194.97 early Tuesday in New York, up $2.36 from its last close, the latest quote showed. The chipmaker was valued at roughly $4.76 trillion. Nasdaq stocks trade from 9:30 a.m. to 4:00 p.m. ET, with pre-market hours running 4:00 a.m. to 9:30 a.m. June 30 doesn’t appear as a 2026 Nasdaq market holiday. The real news for the stock is not only that Firmus Technologies wants to buy Nvidia systems. It's about how much money each compute unit could bring in. Firmus said it's signed a strategic compute deal with Nvidia running to 2034, anchored by a 360-megawatt Nvidia DSX AI Factory in Batam, Indonesia. The campus could have as many as 170,000 Nvidia AI accelerators—Grace-Blackwell,
Super Micro Computer (NASDAQ:SMCI) stock slide leaves AI orders worth twice its market value

Super Micro Computer (NASDAQ:SMCI) stock slide leaves AI orders worth twice its market value

Super Micro Computer, Inc. enters Tuesday’s regular U.S. session with a sharp split in the numbers: $39 billion of recent AI server orders, a $19.5 billion market value, and a stock price now sitting only 2.4% above the price of its latest underwritten common-share sale. The shares closed Monday at $28.15, down 8.1%, on volume of 91.16 million shares, or 184% of the 65-day average. The fall was not a chip-sector trade. The Nasdaq Composite rose 2.1% Monday and the S&P 500 rose 1.2%, according to AP. The iShares Semiconductor ETF was last up 4.0% in available quote data.
Comcast stock in focus: CMCSA ends week higher as Jan. 29 earnings loom

Comcast breakup run pushes CMCSA to 4.5x 2025 FCF

Comcast Corporation moved up on its breakup plan, but early trading shows the stock faces a cash-flow check, not a full rerating. Comcast closed at $24.22, up $1.02, putting its market cap around $86.5 billion. That move added about $3.6 billion to the company’s equity value based on the current share count. Comcast posted $19.24 billion in free cash flow for 2025, so shares are trading at roughly 4.5 times last year’s number. Full-year revenue landed at $123.71 billion with adjusted EBITDA at $37.38 billion, according to Comcast Corporation.
Bitcoin lending bounces back, Wall Street credit takes lead as $60,000 level looms

Bitcoin lending bounces back, Wall Street credit takes lead as $60,000 level looms

Silicon Valley Bank, part of First Citizens BancShares, put bitcoin-backed loans in front of credit investors again, saying the business has shifted from failed crypto firms to overcollateralized lending, bank lines, and rated ABS. CoinDesk and FinanceFeeds reported on the change in the last 24 hours. Bitcoin traded under $60,000 at the time. For investors, the key is in the loan terms. A lender who requires $2 in bitcoin for every $1 lent and who liquidates at 80% loan-to-value gets a 37.5% price cushion on bitcoin before forced selling, if there’s no repayment or collateral added. At the price on the dateline, liquidation would hit around $37,100. SVB said Ledn hasn’t reported losses from collateralized consumer loans after bitcoin’s 48%
AeroVironment stock jumps as BlueHalo sales remake AVAV earnings and index profile

AeroVironment stock jumps as BlueHalo sales remake AVAV earnings and index profile

Shares of AeroVironment, Inc. were quoted at $166.40 in premarket trade, up $27.40, or 19.7%, from Monday’s $139.00 close, after the drone and defense-technology company beat fourth-quarter estimates. MarketWatch listed the quote as delayed at 4:05 a.m. EDT. The price move would add roughly $1.37 billion to equity value, using MarketWatch’s 49.93 million shares outstanding. Even at the premarket quote, the stock was still about 60% below its 52-week high of $417.86.
American Airlines stock above analyst target as lower fuel prices fuel AAL gains

American Airlines stock above analyst target as lower fuel prices fuel AAL gains

American Airlines Group Inc. moved above the average Wall Street price target in early New York pre-market trading Tuesday. The stock was at $17.92, according to Google Finance, topping the 12-month analyst average of $16.90. Among 15 analysts, there are seven buys, seven holds, and one sell. Nasdaq pre-market opens at 04:00 and runs until 09:30 ET. This is where the trade gets tight. American doesn’t really look like just a target-price catch-up now. The stock has to see earnings step up, not just the multiple.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 30.06.2026

LIVEMarkets rolling coverageStarted: June 30, 2026, 4:00 AM EDTUpdated: June 30, 2026, 5:55 AM EDT Celestica Inc. (CLS) Draws Market Interest on AI, Energy Momentum June 30, 2026, 5:53 AM EDT. Celestica Inc. (CLS) has beaten Nvidia’s gains over the past three years as demand from artificial intelligence (AI) and energy transition pushes growth. Shares sit about 20% below all-time highs and the Zacks price target as the stock faces some pressure. The company is guiding for double-digit sales and earnings growth in 2025 and 2026, pointing to strong revenues on the back of demand from data centers, semiconductors and
US stocks edge lower after hours as ETF tape slows following Dow record, Nasdaq rise

US stocks edge lower after hours as ETF tape slows following Dow record, Nasdaq rise

U.S. stock-index ETFs edged lower in late trading Monday, pulling back after a session where the Dow finished at a record and the Nasdaq jumped over 2%. Regular session gains leaned on tech, index reshuffling, and quarter-end flows, but after-hours moves showed little follow-through. The main indexes ended with strong gains. The Dow Jones Industrial Average climbed 306.63 points, or 0.59%, to 52,182.74. The S&P 500 jumped 86.41 points, or 1.18%, to 7,440.43. The Nasdaq Composite was up 522.53 points, or 2.07%, ending at 25,820.14, according to Reuters. The Russell 2000 edged up just 0.33 point to 3,010.42, AP said.
Oracle lags tech rebound as backlog schedule puts spotlight on cash shortage

Oracle lags tech rebound as backlog schedule puts spotlight on cash shortage

Oracle Corporation slipped 0.52% to $147.76 Monday. Shares gave up an early move up tied to AI-infrastructure, finishing weaker while most tech names rose. Stock traded between $145.20 and $154.50. Volume came in at 34.06 million shares, or 126% of its 65-day average, numbers from MarketWatch show. Oracle had climbed 3.5% in premarket trading on Monday after dropping almost 20% last week, its worst week since 2001, MarketWatch reported, citing FactSet. But shares finished lower on the day, even as the S&P 500 added 1.2% and the Nasdaq rose 2.1%.
Coeur Mining outperforms miner ETFs after S&P MidCap 400 news, despite soft silver

Coeur Mining outperforms miner ETFs after S&P MidCap 400 news, despite soft silver

Coeur Mining, Inc. climbed Monday even as most gold and silver stocks slipped, a rare split that lets investors see if CDE is moving more with indices now, not just with metals prices. U.S. stocks traded as usual Monday. The New York Stock Exchange schedule listed June 29 as open, with hours from 9:30 a.m. to 4 p.m. EDT. MarketWatch kept Coeur flat after hours at $16.33 at 6:51 p.m. EDT, following a 31-cent gain in the session. Trading volume reached 35.4 million shares, 119% above its 65-day average.
Bitmine (BMNR) trades below reported Ethereum asset value after Russell 1000 inclusion

Bitmine (BMNR) trades below reported Ethereum asset value after Russell 1000 inclusion

Bitmine Immersion Technologies, Inc. is trading as if the market sees less value in its Ethereum holdings, despite the company's recent entry into the Russell 1000 and reporting almost $10 billion in assets. Shares last changed hands at $13.80, up 24 cents from the previous session, with volume around 36.3 million. The company’s market cap was $6.27 billion, market data show.
Abivax (NASDAQ:ABVX) ADS gain $2.3B after obefazimod safety news; Paris session yet to start

Abivax (NASDAQ:ABVX) ADS gain $2.3B after obefazimod safety news; Paris session yet to start

Abivax S.A. is set for a lagged Paris opening after its U.S. ADS jumped in after-hours trading. Investors reacted to new clinical data on obefazimod, Abivax’s ulcerative colitis drug. The latest news hits late, but the drop earlier this month wasn’t about whether the drug works. It was about the potential cancer risk and what that could mean for the drug’s label. Abivax put out the release at 22:05 CEST, after Euronext Paris had already closed for the day at 17:30 and just past the U.S. market close. Euronext Paris trades from 9:00 a.m. to 5:30 p.m. local time and, according to its 2026 holiday calendar, June 30 isn’t a holiday.
Concentrix (NASDAQ:CNXC) stock sinks on Q2 guidance cut as cash flow rises

Concentrix (NASDAQ:CNXC) stock sinks on Q2 guidance cut as cash flow rises

Concentrix Corporation lost more than a fifth of its market value in after-hours trading on Monday after the customer-experience services company gave a soft outlook, even as its second-quarter cash flow improved. The stock last traded at $19.55, down 22.5%, after closing up 0.9% at $25.23; after-hours volume was 1.07 million shares, MarketWatch data showed. The less noticed line was the revenue mix. Retail, travel and e-commerce passed technology and consumer electronics as Concentrix’s biggest reported vertical in the quarter. Banking, financial services and insurance also rose, while tech and healthcare fell.
SharonAI shares dip on $1.6B deal as float moves before Russell reshuffle

SharonAI shares dip on $1.6B deal as float moves before Russell reshuffle

SharonAI Holdings Inc finished down Monday. The AI cloud firm secured a $1.6 billion private raise, but investors looked past that as the deal terms hint at a much bigger common-equivalent share count before Nvidia-related income starts coming in. The shares dropped 1.28% to close at $81.00 on Nasdaq, with trading between $76.40 and $86.0878, according to WSJ data. Volume reached 1.49 million, more than double the 65-day average of 646,366. After hours, WSJ put the quote at $88.00, up 8.64%, at 6:07 p.m.
Rivian (NASDAQ:RIVN) gains as Russell growth index inclusion hits R2 ramp milestone

Rivian (NASDAQ:RIVN) gains as Russell growth index inclusion hits R2 ramp milestone

Rivian Automotive, Inc. jumped 7.55% to finish at $16.81 on Monday after S&P Capital IQ confirmed the EV maker is going into the Russell 3000E Growth Benchmark. The stock closed near where it traded when the R2 SUV started shipping to customers earlier this month. But Monday’s move was more about index flows and a bounce in EV names than just Rivian itself, traders said. The stock moved 38.73 million shares, above its 32.32 million average, about 1.2 times the norm. Volume was strong but didn’t spike for a name up more than 7%. Tesla Inc. rose 8.46% and Lucid Group, Inc. jumped 9.97%, leaving Rivian trailing the main EV beta names.
Pfizer (NYSE:PFE) trails S&P 500 as China GLP-1 watch puts yield in focus

Pfizer (NYSE:PFE) trails S&P 500 as China GLP-1 watch puts yield in focus

Pfizer Inc. ticked up on Monday, rising after a move in China increased reimbursement for its GLP-1 offering, giving it another inroad into the market. Shares added 0.4% to $24.37 late in New York trading, but trailed a broader rally. The S&P 500 ended up 1.18% at 7,440.43, and the Nasdaq Composite jumped 2.07%. It’s really about scale for investors. Reuters said sales of GLP-1 drugs on Alibaba and JD.com sites hit around 1.4 billion yuan in Q1, using Jefferies numbers. That would be about $828 million a year through those e-commerce channels. Meanwhile, Pfizer’s annualized dividend payout based on $0.43 per share and 5.731 billion Q1 diluted shares comes to almost $9.9 billion.
JetBlue drone incident at JFK puts risk focus on 3,000-foot airspace

JetBlue drone incident at JFK puts risk focus on 3,000-foot airspace

JetBlue Airways said an Airbus A321 coming in from Las Vegas landed safely at New York's JFK Monday morning after the crew reported hitting a drone on approach. The FAA said it's looking into the incident, which happened around 7:15 a.m. EDT when the plane was about 3,000 feet up. JetBlue pulled the plane out of service to check it over, but said they found no damage or proof of a drone hit. The event shifts a rare safety risk into a capacity problem for airlines operating in New York. Airlines might have to ground a plane for checks even without any actual damage after an incident like this. According to ABC7 New York, this aircraft was cleared for its
Transocean (NYSE:RIG) moves against sector as Valaris spread stays close to 3%

Transocean (NYSE:RIG) moves against sector as Valaris spread stays close to 3%

Transocean Ltd. dropped 1.6% to $5.04 by late Monday. Trading was heavy, with 36.4 million shares traded, putting dollar volume around $184 million. That’s about 3.2% of the company’s market cap and ahead of the same day turnover rates for Noble Corp. Plc, Valaris Ltd., and Seadrill Ltd.. The way RIG trades is getting more attention now, since the stock is both an offshore driller bet and the currency for Transocean’s all-stock deal to buy Valaris. The agreement has Valaris holders set to get 15.235 Transocean shares for every Valaris share. With RIG at Monday’s close, that pegged Valaris at $76.78 a share. Valaris last traded at $74.53.
Copart (NASDAQ:CPRT) drops as CEO departure lands during Russell reshuffle

Copart (NASDAQ:CPRT) drops as CEO departure lands during Russell reshuffle

Copart, Inc. dropped 8.02% on Monday, finishing at $28.10 after the company announced CEO Jeff Liaw will leave at the end of July, with former chief Jay Adair coming back to take over. Shares closed just 3 cents off the day’s low, according to market data. The move left Copart trailing the Nasdaq Composite by around 10 points, as the index added 2.04%. Copart lost around $2.4 billion in market value after the latest drop, based on a $27.0 billion market cap and a one-day decline. Trading volume totaled 18.09 million shares, running about 23% higher than Robinhood’s 14.66 million average. Shares hit a 52-week low at $28.08.
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