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Stock Market 3 June 2026

Archer Aviation trades under $7 as next test looms for air-taxi gamble

Archer Aviation trades under $7 as next test looms for air-taxi gamble

Archer Aviation shares dipped below $7 premarket after closing at $6.74, as investors weigh heavy cash burn—$217.7 million Q1 net loss, $1.78 billion cash on hand—against hopes for first U.S. eVTOL flights this year; Cantor Fitzgerald cut its price target to $11 but kept an Overweight rating, while 46 disclosed risks and ongoing certification challenges cloud near-term outlook.
3 June 2026
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Legend Biotech jumps 42% as traders look at results from small cancer study

Legend Biotech jumps 42% as traders look at results from small cancer study

Legend Biotech shares soared 42% to $36.28 after early Phase 1 data showed all six higher-dose patients with relapsed or refractory B-cell non-Hodgkin lymphoma responded to its in vivo CAR-T therapy LB2501, with five complete responses; UBS raised its price target to $49, citing the therapy’s outlook, but the results are early and based on a small group with short follow-up.
3 June 2026
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Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group Drops 17% After Cap on $8.6 Billion Fund Outflows

Partners Group shares plunged 16% to CHF 687.30 after capping withdrawals from its $8.6 billion Global Value SICAV fund, as redemption requests hit 9.8% of net asset value, nearly double the 5% quarterly limit; the move triggered sharp declines in peers EQT, CVC, and Bridgepoint, and marked the worst day on record for Partners Group shares, now down about 30% for the year.
3 June 2026
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Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Traders Pause After Pre-Market Jolt From Navy Deal

Ondas shares dropped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares to cover tax on vested stock units, despite World View’s $4.8 million U.S. Navy contract win and a rising backlog; investors are watching if Ondas can convert its $457 million backlog into revenue as near-term insider selling weighs on sentiment.
3 June 2026
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Stock Market Today

  • Uranium Energy Shares Fall 17% on Larger Q3 Loss Despite New Production Start
    June 9, 2026, 4:11 PM EDT. Uranium Energy Corp shares fell 17% to $10.43 after reporting a fiscal third-quarter net loss of $52.3 million, up from $30.2 million a year earlier. The Texas-based uranium miner began production at its Burke Hollow project, using in-situ recovery (ISR), which extracts uranium by dissolving ore underground. The company ended the quarter with $794 million in liquid assets and no debt. Weak sales of purchased uranium inventory contributed to the loss, dropping gross profit from sales to $10 million from $24.5 million last year. CEO Amir Adnani highlighted ongoing challenges in uranium conversion, a key step for nuclear fuel production. Despite falling shares, UEC expects production to rise in the fourth quarter as new facilities at Burke Hollow and Christensen Ranch operate fully. Market uranium prices remained stable near $85.70 per pound.

Latest articles

Dow Edges Up 16 Points, Nasdaq Falls After Bell

Dow Edges Up 16 Points, Nasdaq Falls After Bell

9 June 2026
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors dumped AI and chip shares ahead of key inflation data and after President Trump called for a U.S. response to Iran’s downing of a U.S. helicopter; the Dow edged up just 16 points as volatility spiked to its highest since April 7.
POET Technologies Shares Drop; AI Photonics Trade Faces Pressure

POET Technologies Shares Drop; AI Photonics Trade Faces Pressure

9 June 2026
POET Technologies plunged 13% to $10.65 as renewed class-action reminders and April’s Marvell/Celestial AI order cancellation kept legal and execution risks in focus, outweighing a $50 million Lumilens order and $400 million financing, while broader AI chip stocks also slumped.
Uranium Energy Drops 17% After Reporting Q3 Loss

Uranium Energy Drops 17% After Reporting Q3 Loss

9 June 2026
Uranium Energy shares plunged 17% to $10.43 after reporting a wider Q3 net loss of $52.3 million and no uranium inventory sales, overshadowing the start of production at Burke Hollow; heavy volume and a sharper drop than peers reflected investor concerns over execution risks and near-term earnings despite strong cash and no debt.
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