NASDAQ:STGW

Stagwell Jumps After Holiday, AI Push in Focus

Stagwell Jumps After Holiday, AI Push in Focus

Stagwell shares rose 3.4% to $6.73 midday Tuesday, outpacing the broader market after the Memorial Day break. The company last reported Q1 revenue up 8% to $704 million but posted a larger GAAP net loss. Management reaffirmed its 2026 outlook and continued buybacks, purchasing 7.3 million shares in Q1. Trading volume reached about 660,000 shares.
May 26, 2026

Stock Market Today

  • UK Shares Rise as BP Chair Steps Down Amid Governance Issues
    May 26, 2026, 12:37 PM EDT. UK equities edged higher with the FTSE 100 up 0.24% on Tuesday following the Spring Bank Holiday. Oil giant BP fell 4.03% after announcing the immediate resignation of Chair Albert Manifold due to board concerns over governance and conduct. Metlen Energy & Metals surged 6.46% after the European Commission approved its joint venture with Greece's Public Power Corp. Kingfisher shares rose 1.71%, buoyed by steady sales and confirmed profit guidance for Q1. The British Retail Consortium reported shop price inflation climbed to 1.2% in May, fueled by rising shipping and material costs amid Middle East tensions. Retailers warn that ongoing cost pressures could push prices higher, urging government action to reduce business expenses. Key UK economic data this week includes April's car production and May housing prices.