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TSX:TVK 5 June 2026

TerraVest Shares Drop 30% After Chairman Allegations

TerraVest Shares Drop 30% After Chairman Allegations

TerraVest shares plunged over 30% to a 52-week low after the board launched a review into allegations that Executive Chairman Charles Pellerin shared privileged information before the EnTrans deal, with Quebec’s AMF suspecting C$6.8 million in illicit gains; no charges have been filed, but the governance shock triggered a sharp, high-volume selloff.
5 June 2026

Stock Market Today

  • SGX and MAS Launch Equity Market Committee to Boost Singapore Market Revival
    June 26, 2026, 2:29 AM EDT. The newly formed Equity Market Implementation Committee (EMIC), jointly led by the Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX), aims to revive Singapore's equities market through enhanced stakeholder engagement and investor education. Key priorities include improving investor understanding of new economy sectors, strengthening market foundations like trading liquidity, and advancing the 'Value Unlock' agenda to boost corporate investor relations. The committee will oversee the timely implementation of the Equities Market Review Group's recommendations focused on supply, demand, and market connectivity. Industry feedback and market monitoring will be integral, with biannual formal meetings. EMIC member Clifford Lee of DBS highlighted efforts to raise awareness regionally, signaling ongoing momentum beyond initial reforms.

Latest News

Bloom Energy (NYSE:BE) trades choppy after Russell Top 200 adds the AI play

Bloom Energy (NYSE:BE) trades choppy after Russell Top 200 adds the AI play

25 June 2026
Bloom Energy plunged 5.2% as it prepares to exit the Russell 2000 and join the Russell Top 200 after a 1,000% stock surge, forcing index funds to rebalance amid a $15 billion one-day equity swing; at $309.18, shares trade 24 times the midpoint of its 2026 revenue guide, still 12% above Barclays’ new target.
Figma drops ahead of Russell close with valuation gap stretching

Figma drops ahead of Russell close with valuation gap stretching

25 June 2026
Figma (NYSE:FIG) plunged 9.8% to $16.84—just above its 52-week low—on heavy volume ahead of its addition to the Russell 3000 after Friday’s close, with index funds tracking $12.2 trillion set to rebalance; Figma now trades at about 5x its 2026 revenue guide, 49% below its IPO price, despite 46% Q1 revenue growth and raised guidance, as analysts cite mixed ratings and persistent losses.
Bitcoin Holds $80,000 as ETF Outflows Put Rally Back on Trial

Bitcoin slips near $59,500 as ETF outflows hit options support

25 June 2026
U.S. spot bitcoin ETFs saw $469 million in net outflows on June 24, with IBIT and FBTC accounting for about 77% of the total, sending IBIT down 1.1% and MSTR plunging 9.3%; Citi says ETF flows explain 45% of weekly BTC return variation, highlighting outflows as a key signal for investor sentiment as bitcoin tests the high-$50,000s.
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