Mergers

Pulmatrix Stock Slides As Eos Merger Clock Starts To Matter For PULM Holders
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Pulmatrix Stock Slides As Eos Merger Clock Starts To Matter For PULM Holders

Pulmatrix shares fell 1.44% to $1.37 in thin early Nasdaq trading Monday, with no new company news since its May 15 quarterly report and Eos merger update. Holders are expected to own about 6% of the combined company if the Eos deal closes. Pulmatrix reported $3.3 million in cash at March 31 and warned of “substantial doubt” about its ability to continue without the merger.
June 1, 2026

Stock Market Today

  • FTSE 100 dips 0.7% as Iran halts US peace talks; oil prices surge
    June 1, 2026, 1:19 PM EDT. The FTSE 100 fell 0.7% to 10,338.95 on Monday following Iran's suspension of peace talks with the U.S. amid renewed conflict linked to Israel's Lebanon offensive. The FTSE 250 and AIM also declined. Brent crude oil prices jumped to $97.22 a barrel, responding to Iran's threats to block key shipping routes including the Strait of Hormuz. European markets also slipped, with Paris' CAC 40 down 0.5% and Frankfurt's DAX 40 falling 0.4%. In contrast, U.S. indexes were mixed. UK manufacturing expanded at its fastest pace in four years despite cost pressures linked to Middle East tensions. BP and Shell shares rose over 2% on the back of higher oil prices. Key global currencies and Treasury yields reflected heightened geopolitical risk and market caution.