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TSX:HBM 25 May 2026

Hudbay Soars as Copper Surge Lifts TSX to Record High

Hudbay Soars as Copper Surge Lifts TSX to Record High

Hudbay Minerals shares surged nearly 9% to C$36.69 in Toronto Monday, leading gains as Canada’s main stock index hit a record high. The rally followed higher copper prices and optimism over U.S.-Iran talks. Hudbay’s U.S. shares did not trade due to the NYSE holiday. The company recently reported Q1 revenue of $757.3 million and reaffirmed its 2026 production outlook.
25 May 2026

Stock Market Today

  • German Grid Equipment Maker SGB-SMIT Eyes IPO with Valuation Over €4 Billion
    June 19, 2026, 1:00 AM EDT. German electricity grid equipment manufacturer SGB-SMIT is in early talks for an initial public offering (IPO), with its valuation potentially exceeding €4 billion. Investors are drawing attention to the firm's exposure to the booming sectors of artificial intelligence (AI) and data centres, which are driving demand growth. The company specialises in transformers and equipment essential for power distribution and management, positioning it well amid the surge in digital infrastructure investment.

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Kardigan pops in first Nasdaq trading after $400 million IPO

Kardigan pops in first Nasdaq trading after $400 million IPO

19 June 2026
Kardigan surged 37.5% above its $16 IPO price to close at $22 after raising $400 million in an upsized Nasdaq debut, signaling renewed investor appetite for large biotech IPOs as the company advances three late-stage cardiovascular drug candidates.
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