NASDAQ:HLIT

Harmonic Rallies 20%, Eyes Turn to Tuesday
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Harmonic Rallies 20%, Eyes Turn to Tuesday

Harmonic Inc. shares jumped 19.7% to $15.20 Friday on heavy volume, outpacing broader markets ahead of the Memorial Day weekend. The surge followed strong Q1 broadband revenue growth and an increased 2026 outlook. Nasdaq will be closed Monday, leaving Tuesday as the next trading test. Harmonic is finalizing its exit from video and faces competition from CommScope and Vecima in broadband infrastructure.
May 24, 2026

Stock Market Today

  • Red Mountain Mining Issues Retraction on Montana Tungsten Exploration Results
    May 29, 2026, 7:54 PM EDT. Red Mountain Mining Limited (ASX:RMX) has retracted previous historical exploration results concerning tungsten mineralisation at its Pioneer Tungsten Project in Montana. The company acknowledged inaccuracies in earlier announcements and clarified the data to better reflect the project's status. This correction impacts investors tracking tungsten, a key metal used in industrial applications, and highlights the importance of verified exploration data in mining equity valuations.