News 24 May 2026 - 25 May 2026

Kelly Services Eyes Holiday Return as Governance Plans Catch Attention
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Kelly Services Eyes Holiday Return as Governance Plans Catch Attention

Kelly Services Class A shares rose 10% this week to $10.66 amid a new governance request from Hunt Equity, which controls 92.2% of Class B shares and asked for a special committee to review possible transactions. Johnson Fistel launched a fiduciary-duty investigation into the board. No formal deal has been proposed. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
May 25, 2026
Virax Biolabs Stock Faces a Make-or-Break Nasdaq Vote After a Wild Week
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Virax Biolabs Stock Faces a Make-or-Break Nasdaq Vote After a Wild Week

Virax closed Friday at $0.2775, down 9.31%, but up 81% from May 15. Shareholders will vote June 5 on a 10-for-1 to 30-for-1 reverse share consolidation as the company faces a July 11 Nasdaq deadline to regain $1 minimum bid compliance. U.S. markets are closed Monday for Memorial Day, with trading to resume Tuesday. Armistice Capital disclosed a 4.99% stake in Virax earlier this month.
May 25, 2026
Crinetics Stock Trades Flat Ahead of June Investor Event
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Crinetics Stock Trades Flat Ahead of June Investor Event

CRNX closed Friday at $36.80, nearly flat for the week, with a market cap near $3.83 billion. Crinetics will attend the Jefferies Global Healthcare Conference in New York on June 2-4. U.S. stock markets are closed Monday for Memorial Day. The company reported first-quarter revenue of $10.7 million, driven by its Palsonify launch, but posted a net loss of $127.8 million.
May 25, 2026
Precipio Stock Slides Before Holiday — Why Tuesday’s Open Matters
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Precipio Stock Slides Before Holiday — Why Tuesday’s Open Matters

Precipio Inc. shares fell 3.09% to $23.80 Friday, down 8.6% for the week, underperforming the broader market ahead of the Memorial Day trading halt. The company reported first-quarter net sales up 36% to $6.71 million, but adjusted EBITDA swung to a $0.16 million loss. Market cap stood at $42.54 million with 21,060 shares traded Friday. Management options vested after the stock surpassed a 400% gain from grant price.
May 25, 2026
Leonardo DRS Shares Slip Into Holiday Week While Labor Dispute Lingers
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Leonardo DRS Shares Slip Into Holiday Week While Labor Dispute Lingers

Leonardo DRS shares closed at $44.92 Friday, up 0.83%, as IAM Local 2782 rejected a contract offer, prolonging a lockout at its West Plains, Missouri, plant. Nearly 300 union members voted against the deal. Nasdaq will be closed Monday for Memorial Day, delaying investor reaction to the labor dispute. The company last reported first-quarter revenue of $846 million and a $4.7 billion funded backlog.
May 24, 2026
Cyngn Shares Eye $1.43 Level as Deployments Go Up, Losses Persist
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Cyngn Shares Eye $1.43 Level as Deployments Go Up, Losses Persist

Cyngn Inc. shares closed at $1.43 Friday, unchanged for the week and near a 52-week low, ahead of the Memorial Day market closure. First-quarter revenue rose to $104,573 from $47,152 a year earlier, while net loss widened to $6.49 million. Trading volume Friday was about 175,450 shares, below average. The stock recovered from a midweek low of $1.29 but remains thinly traded.
May 24, 2026
Springview Holdings Stock Slides 13% Before Memorial Day — Why Tuesday’s Open Matters
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Springview Holdings Stock Slides 13% Before Memorial Day — Why Tuesday’s Open Matters

Springview Holdings shares fell 13.1% for the week, closing Friday at $2.52 on low volume ahead of the U.S. Memorial Day market closure. The drop came despite broader market gains and followed an annual report showing 2025 revenue down 11.4% to S$7.81 million and a net loss of S$2.35 million. Springview also filed to register 400,000 new shares under its equity incentive plan in April.
May 24, 2026
Starz Shares See Friday Jump With Margin Bets and Wall Street’s Mixed Calls
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Starz Shares See Friday Jump With Margin Bets and Wall Street’s Mixed Calls

Starz shares closed at $22.27 Friday, up 2.58%, but ended the week down 3.7% after volatile trading. The company’s market value stood near $374 million as U.S. markets head into the Memorial Day break. Starz reported a first-quarter operating loss of $152.8 million on $306.9 million revenue after its split from Lionsgate. Analyst targets for the stock range widely, reflecting uncertainty over its streaming strategy and cash flow.
May 24, 2026
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
RideNow Shares Watch After $35M Financing Deal
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RideNow Shares Watch After $35M Financing Deal

RideNow shares closed at $7.81 Friday, down 1.01% on the day and 1.26% for the week. The company secured an extra $35 million in floorplan financing from Wells Fargo, raising its credit line to $135 million. First-quarter revenue rose 6.4% to $260.4 million, but net cash used in operations jumped to $27.6 million. U.S. markets are closed Monday for Memorial Day.
May 24, 2026
Royal Gold Stock Faces a Tuesday Test After a Bruising Week
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Royal Gold Stock Faces a Tuesday Test After a Bruising Week

Royal Gold closed at $220.29 Friday, down 3.5% from May 15, after a volatile week. The company announced a reduced stake in Türkiye’s Hod Maden project and a new 2.5% royalty, while gold prices fell for a second week. U.S. markets are closed for Memorial Day, with trading set to resume Tuesday. Royal Gold declared a quarterly dividend of 47.5 cents per share, payable July 16.
May 24, 2026
Tandem Diabetes Shares Dropped Friday as Market Watched for Next Week’s Move
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Tandem Diabetes Shares Dropped Friday as Market Watched for Next Week’s Move

Tandem Diabetes Care shares fell 5% to $14.96 Friday, bucking a stronger market ahead of the Memorial Day break. Despite the drop, the stock remains up about 10.6% from Monday. The company reported record Q1 pump shipments and reaffirmed 2026 sales guidance. Shareholders approved an expanded incentive plan, and Chief Commercial Officer Mark Novara was terminated without cause.
May 24, 2026
Urban One Stock Recovers; Next Week on Watch After Holiday
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Urban One Stock Recovers; Next Week on Watch After Holiday

Urban One Class A shares climbed 7% last week to $6.015, while Class D shares fell 6% to $4.80. The company’s first-quarter net revenue dropped 15.8% to $77.7 million, with declines across radio, digital, and cable divisions. Nasdaq is closed Monday for Memorial Day, with trading set to resume Tuesday. Urban One’s pending Dallas radio deal remains under FCC review.
May 24, 2026
Ribbon’s stock muted ahead of holiday; eyes on DRC medicine deal instead
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Ribbon’s stock muted ahead of holiday; eyes on DRC medicine deal instead

Ribbon Acquisition Corp.’s Class A shares closed at $10.68 on Friday, down 1 cent, with only 25 shares traded ahead of the Memorial Day market holiday. The SPAC holds $37.7 million in trust and faces uncertainty over shareholder redemptions as it pursues a merger with Japan-based DRC Medicine, a deal valuing the combined company at $422 million if no investors cash out.
May 24, 2026
LCCC at $10.38 as Lakeshore SPAC Keeps Low Profile Ahead of Deadline
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LCCC at $10.38 as Lakeshore SPAC Keeps Low Profile Ahead of Deadline

Lakeshore Acquisition III shares last traded at $10.38, up 3 cents, with just six shares changing hands ahead of the Memorial Day market closure. Barclays PLC disclosed a 5.05% stake as of March 31. The SPAC holds $71.5 million in trust and must complete a deal by Aug. 1, 2026, unless extended. The stock remains near its redemption value, reflecting limited trading activity.
May 24, 2026
Guardant Health jumps 25% in a week as Medicare test looms
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Guardant Health jumps 25% in a week as Medicare test looms

Guardant Health shares closed at $118.95 Friday, up 25% for the week, after the FDA approved an expanded version of its Guardant360 Liquid CDx blood test. The stock surged 17.1% on May 20 following the approval. Nasdaq will remain closed through Memorial Day, with trading set to resume Tuesday. Guardant raised its 2026 revenue outlook to $1.30–$1.32 billion after reporting a 48% jump in first-quarter revenue.
May 24, 2026
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Stock Market Today

  • Ten Injured as Cathay Pacific Flight Hits Turbulence from Brisbane to Hong Kong
    May 25, 2026, 1:41 AM EDT. Ten people, including six crew members and four passengers, suffered minor injuries after an Airbus A350-900 operated by Cathay Pacific encountered severe turbulence en route from Brisbane to Hong Kong. The incident occurred two hours before landing on flight CX156, which diverted medical attention for eight affected individuals at Hong Kong International Airport. Passengers described a sudden drop in altitude lasting approximately two seconds, causing food carts to overturn and oxygen masks to deploy. The turbulence was identified as clear-air turbulence, caused by wind shear near jet streams, where adjacent air masses move at differing speeds. Despite the minor injuries, medical teams provided care immediately after landing. Cathay Pacific confirmed all injured parties received hospital treatment, with no serious conditions reported.