Finance 28 May 2026

MapLight Stock Slips Ahead of August Drug Update
···

MapLight Stock Slips Ahead of August Drug Update

MapLight Therapeutics shares fell 1.3% to $29.17 Thursday as investors awaited Phase 2 trial results for schizophrenia and autism, expected by mid-August. The company finished enrolling 307 patients in its ZEPHYR schizophrenia study and ended March with $395.2 million in cash. Analyst price targets ranged from $28 to $48. MapLight’s lead drug targets muscarinic receptors, a newer approach in antipsychotic treatment.
May 28, 2026
Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change
····

Rent the Runway Up Ahead of Earnings with Traders Watching CEO Change

Rent the Runway shares rose 2.9% to $3.97 in midday Nasdaq trading Thursday ahead of its June 3 earnings report and leadership changes. Jennifer Hyman recently stepped down as CEO, with Teri Bariquit named interim chief. The company kept its 2026 guidance after CFO Siddharth Thacker’s resignation. Rent the Runway ended fiscal 2025 with 143,796 active subscribers, up 20% from a year earlier.
May 28, 2026
Mint Stock Drops Even After Announcing HK$15 Million AI Robot Investment
····

Mint Stock Drops Even After Announcing HK$15 Million AI Robot Investment

Mint Incorporation Limited’s U.S. shares fell 6% to $3.31 by midday Thursday after announcing a HK$15 million joint venture with Rice Robotics to develop AI companion robots. The stock had opened at $4.41, briefly rising to $4.77, with 1.95 million shares traded. Mint recently regained compliance with Nasdaq’s $1 minimum bid rule after a reverse stock split.
May 28, 2026
Relay Therapeutics Shares Reclaim Offer Price as Traders Eye June
····

Relay Therapeutics Shares Reclaim Offer Price as Traders Eye June

Relay Therapeutics shares traded at $14.50 Thursday, holding above last week’s $12 public offering price after raising $296.8 million from a stock sale. The company reported early Phase 2 data showing 60% of evaluable patients with PIK3CA-driven vascular anomalies responded to its drug zovegalisib. Management will present at two major healthcare conferences in June. Relay ended Q1 with $642.1 million in cash.
May 28, 2026
Peraso Stock Pops 13% as PRSO Traders Bet a Delayed Order Is Finally Behind It
·····

Peraso Stock Pops 13% as PRSO Traders Bet a Delayed Order Is Finally Behind It

Peraso Inc. shares rose about 13% Thursday, trading near $1.165 on volume of 1.29 million after closing at $1.03. The move followed weak first-quarter results, with net revenue down to $963,000 from $3.87 million a year earlier and a net loss widening to $2.5 million. Management said a delayed customer order has now shipped. No new company disclosures were issued Thursday.
May 28, 2026
Zentek Just Raised C$18 Million. The Stock Still Trades Below the Deal Price
····

Zentek Just Raised C$18 Million. The Stock Still Trades Below the Deal Price

Zentek Ltd. closed an C$18 million private placement at C$1.00 per unit, but shares traded around C$0.80 on the TSX Venture Exchange Thursday. The company plans to use proceeds for its Albany Graphite project and ZenGUARD air-filter business. Nasdaq shares remained below the $1.00 minimum bid, risking compliance. Recent government program inclusion has not yet resulted in confirmed ZenGUARD orders.
May 28, 2026
Inflection Point Acquisition Corp. V Stock Is Quiet, But Its GOWell Deal Clock Is Not
····

Inflection Point Acquisition Corp. V Stock Is Quiet, But Its GOWell Deal Clock Is Not

Inflection Point Acquisition Corp. V (NASDAQ:IPEX) closed at $10.46, just above its $10.45 per-share cash value, with only 9 shares traded. The SPAC faces an August 14, 2026, deadline to complete its merger with GOWell Technology or liquidate, according to SEC filings. The merger registration remains preliminary and awaits regulatory and shareholder approval. IPEX reported $90.1 million in trust and a $2.42 million working-capital deficit.
May 28, 2026
New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote
····

New Fortress Energy Shares Dip Under 60 Cents Ahead of Key Reverse-Split Vote

New Fortress Energy Inc. fell to 55.79 cents early Thursday, down 3.8%, with a market value near $159 million after releasing its annual meeting proxy. The company faces possible Nasdaq delisting after months below $1 per share and reported a Q1 net loss of $399.95 million on $226.95 million revenue. Debt stood at $8.29 billion as of March 31, with most classified as current due to defaults. Shareholders will vote June 17 on a 1-for-50 reverse split and restructuring plan.
May 28, 2026
Axiom Intelligence stock moves after $3.5 billion Terra SPAC deal
····

Axiom Intelligence stock moves after $3.5 billion Terra SPAC deal

Axiom Intelligence Acquisition Corp 1 shares edged up to $10.36 after announcing a merger with Swiss quantum tech firm Terra Quantum, valuing Terra at nearly $3.5 billion. The companies agreed to combine on May 25, with plans to list the merged entity as “TQ” on Nasdaq. Terra Quantum could raise up to $190 million if Axiom shareholders do not redeem shares. The deal awaits shareholder and regulatory approval.
May 28, 2026
Big Digital Energy Stock Drops as Its AI-Power Pivot Runs Into a Cash Test
·····

Big Digital Energy Stock Drops as Its AI-Power Pivot Runs Into a Cash Test

Big Digital Energy Inc. shares fell 20 cents to $6.46 in Nasdaq trading Thursday, underperforming larger bitcoin-mining peers. The company reported Q1 revenue dropped to $4.8 million from $13.8 million a year earlier, with operations losing $8.2 million and cash use of $17.1 million. Big Digital ended March with $2.4 million in cash and warned of “substantial doubt” about its ability to continue as a going concern.
May 28, 2026
Satellogic stock pops on $18 million injection, 10 million-share filing appears
·····

Satellogic stock pops on $18 million injection, 10 million-share filing appears

Satellogic Inc. rose 1.6% to $9.93 Thursday after announcing an $18 million, one-year defense contract and a major shareholder’s plan to sell 10 million shares. The stock traded between $9.47 and $10.11, with market cap near $1.40 billion. First-quarter revenue climbed 80% to $6.1 million, and the company reported positive operating cash flow. Liberty Strategic Capital filed notice to sell shares worth $97.7 million.
May 28, 2026
Werner Enterprises Stock Trades Close to 52-Week High on Freight Rebound Hopes
····

Werner Enterprises Stock Trades Close to 52-Week High on Freight Rebound Hopes

Werner Enterprises traded at $40.92 before Thursday’s open, near its 52-week high, giving the company a market cap of about $2.45 billion. First-quarter revenue rose 14% to $808.6 million, with operating income at $4.0 million after a loss last year. The FirstFleet acquisition added $107.9 million in revenue but increased leverage risks. Werner’s next public appearance is set for June 9 at a Wells Fargo conference.
May 28, 2026
1 2 3 4 … 209

Stock Market Today

  • Bell Potter Sees 36% Upside in Select Harvests Shares on ASX 300
    May 28, 2026, 6:52 PM EDT. Select Harvests Ltd (ASX: SHV) shares rose 8% to $3.90 after Bell Potter maintained a buy rating with a $5.30 target price, implying 36% upside over 12 months. Despite first-half FY2026 earnings below forecasts due to timing of third-party processing and value-added products (VAP) revenue, underlying net profit after tax (NPAT) rose 8% year-on-year to A$29.1 million. Bell Potter highlighted a crop forecast of 28,000-31,000 tonnes for FY26, share buyback of up to 10%, resumption of dividends, and plans to expand processing capacity to 65,000 tonnes, targeting A$700 million revenue by FY2030. The broker noted tightening almond supply in California supports a favorable pricing environment through FY26-28, underpinned by cost controls and growth initiatives.