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Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow Power Supply Class A shares closed up 3.2% at 151 yuan Friday after the company said China’s new export tax rebate cuts will not affect its PV inverters, and storage cost impact is “controllable.” Beijing will scrap VAT export rebates for photovoltaic products from April 1. Investors await more policy details and Sungrow’s earnings report.

Stock Market Today

  • Yext Short Interest Plummets 49.6% as Stock Gains 2%
    April 26, 2026, 7:39 AM EDT. Yext (NYSE:YEXT) saw its short interest fall sharply by 49.6% to 5.62 million shares as of April 15, representing 4.8% of its float. The drop follows heavy shorting with days-to-cover ratio at 2.1, signaling fewer shares available to buy back daily. The stock opened at $3.85, a recent low within its $3.29-$9.20 range for the past year. The company reported an EPS of $0.15 for Q1, slightly beating estimates, though revenue dipped 1% year-over-year to $112 million. Recent analyst moves are mixed, with downgrades and price target cuts from Roth Mkm and B. Riley, but a buy upgrade from Wall Street Zen. Insiders trimmed holdings, with CAO Allan Tang selling 10,000 shares at $3.62. Market sentiment appears cautious as the average rating stands at Hold with a $7.50 target.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.04.2026

26 April 2026
LIVEMarkets rolling coverageStarted: April 26, 2026, 12:00 AM EDTUpdated: April 26, 2026, 7:39 AM EDT Yext Short Interest Plummets 49.6% as Stock Gains 2% April 26, 2026, 7:39 AM EDT. Yext (NYSE:YEXT) saw its short interest fall sharply by 49.6% to 5.62 million shares as of April 15, representing 4.8% of its float. The drop follows heavy shorting with days-to-cover ratio at 2.1, signaling fewer shares available to buy back daily. The stock opened at $3.85, a recent low within its $3.29-$9.20 range for the past year. The company reported an EPS of $0.15 for Q1, slightly beating estimates, though
Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

26 April 2026
Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion.
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