News 21 May 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
Puma Biotechnology trades quietly in New York
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Puma Biotechnology trades quietly in New York

Puma Biotechnology shares rose 0.3% to $7.01 on Thursday, trailing a 1.1% gain in the SPDR S&P Biotech ETF. The company last updated investors May 7, raising 2026 revenue guidance to $222–$229 million and net income to $16–$19 million. First-quarter revenue fell to $44.8 million, with a net loss of $3.8 million. Outstanding debt was paid off May 4.
May 21, 2026
Navient Shares Up as CEO Change Looms
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Navient Shares Up as CEO Change Looms

Navient shares rose 2.7% to $8.53 Thursday afternoon, with no new company news. Trading volume reached about 354,000 shares. The move came as investors weighed earlier earnings, a $550 million securitization, and an upcoming CEO change set for June 5. Broader markets were higher, but sector peers showed mixed performance.
May 21, 2026
ATXG sticks close to $4 after fresh 13D holder shows up
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ATXG sticks close to $4 after fresh 13D holder shows up

Addentax Group shares hovered near $4.30 Thursday after a 7.4% drop, as filings showed Or Shan Shan now owns 13.81% following Addentax’s all-stock acquisition of Time Is Loan Ltd. Another filing confirmed Addentax bought 62.18% of Keemo Fashion for $5.5 million. ATXG closed at $4.26 Wednesday on light volume. The company recently completed a 1-for-15 reverse stock split and posted a $4.7 million net loss for nine months.
May 21, 2026
GigCapital8 Shares Stay Flat at $10 as Deadline Nears
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GigCapital8 Shares Stay Flat at $10 as Deadline Nears

GigCapital8 Corp. shares closed at $10.05 on Nasdaq, up one cent, with just 110 shares traded in a narrow range. The SPAC reported no operating revenue and $257.5 million in its trust account as of March 31. Its Class A shares trade under GIW, with a redemption value of $10.17 each. No business combination has been announced.
May 21, 2026
AYTU Stock Slips Before Exxua Update Investors Are Watching
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AYTU Stock Slips Before Exxua Update Investors Are Watching

Aytu BioPharma shares fell 3% to $2.08 on Thursday after reporting a quarterly revenue drop to $12.4 million from $18.5 million a year earlier. Exxua, its new antidepressant, contributed $2.4 million, while legacy ADHD drug sales declined. The company will present at the Lytham Partners Spring 2026 Investor Conference on May 28. Cash and cash equivalents stood at $26.7 million at quarter-end.
May 21, 2026
Kolibri Global Energy Shares Dip Despite Oil Move
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Kolibri Global Energy Shares Dip Despite Oil Move

Kolibri Global Energy shares fell 10 cents to $6.14 in midday Nasdaq trading Thursday, despite reporting record first-quarter net revenue of $19.6 million. Net income dropped to $4 million after a $2.9 million unrealized loss on commodity contracts. Oil prices climbed about 3% on renewed Iran supply concerns. Kolibri’s production averaged 4,685 BOEPD, with three new wells being drilled.
May 21, 2026
Corsair Shares Drop Despite Margin Recovery
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Corsair Shares Drop Despite Margin Recovery

Corsair Gaming shares fell 1.5% to $6.78 Thursday morning in New York, lagging tech peers ahead of a June 4 investor meeting. March-quarter revenue dropped 4.1% to $354.5 million, but gross margin rose to 32.7%. Net income reached $13.1 million, reversing a loss last year. The company repurchased 0.9 million shares for $5 million in Q1.
May 21, 2026
WD-40 Down Ahead of Holiday Weekend
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WD-40 Down Ahead of Holiday Weekend

WD-40 shares fell $2.71 to $205.30 late Thursday morning as consumer staples led S&P 500 sector losses and oil prices rose. The stock gave back part of Wednesday’s gain, trading about 1.3% below the prior close. WD-40 last reported higher quarterly sales and reaffirmed full-year guidance, but investors remain focused on cost and oil risks. Market value stood near $2.77 billion.
May 21, 2026
LSH Shares Fall After Profit Turnaround – Nasdaq Risk in Focus
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LSH Shares Fall After Profit Turnaround – Nasdaq Risk in Focus

Lakeside Holding shares dropped 10.6% to $0.514 Thursday, valuing the company at $17.7 million and keeping it below Nasdaq’s $1 minimum with a July 7 compliance deadline. Quarterly revenue jumped 167% to $1.33 million, with net income of $142,408, but continuing operations posted a $1.58 million loss. The company has shifted focus to pharmaceutical distribution in China.
May 21, 2026
UBCP Stock Slips Despite Dividend Yield: What United Bancorp Investors Are Watching Now
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UBCP Stock Slips Despite Dividend Yield: What United Bancorp Investors Are Watching Now

United Bancorp Inc. shares dropped 1.25% to $14.24 in late-morning trading Thursday on volume of 146 shares. The move comes ahead of a June 19 dividend payout of $0.195 per share, up 5.4% from last year. First-quarter net income rose 2.1% to $1.911 million, but nonaccrual and overdue loans climbed to $6.8 million. Noninterest expense increased 10.2%, partly due to office and digital investments.
May 21, 2026
Cipher Digital Stock Is Jumping Again — The AI Power Bet Behind CIFR’s Rally
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Cipher Digital Stock Is Jumping Again — The AI Power Bet Behind CIFR’s Rally

Cipher Digital Inc. shares jumped 6.4% to $20.73 Thursday morning, outpacing a weaker tech market as the company pivots from bitcoin mining to AI data-center infrastructure. Trading volume reached 8.5 million shares, with a market value near $8.4 billion. Morgan Stanley raised its price target to $42.50 this week. Cipher reported $35 million in Q1 revenue and negative adjusted EBITDA of $48 million.
May 21, 2026
Canaan Stock Drops After Q1 Loss Widens — Why CAN Is Under Pressure Now
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Canaan Stock Drops After Q1 Loss Widens — Why CAN Is Under Pressure Now

Canaan shares fell 5.3% to $0.4127 in late-morning Nasdaq trading Thursday after the company reported a first-quarter net loss of $88.7 million and forecast weaker Q2 revenue of $35 million to $45 million. First-quarter revenue dropped to $62.7 million from $196.3 million in the prior quarter. Trading volume reached 3.8 million shares. Several bitcoin-mining peers rose.
May 21, 2026
NCS Multistage Shares Tick Up on Tuesday
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NCS Multistage Shares Tick Up on Tuesday

NCS Multistage traded at $44.10 in early Nasdaq action Thursday, up about 1% on thin volume of 2,120 shares. The Houston oilfield-services firm reported Q1 revenue of $45.6 million, down from $50 million a year earlier, with a net loss of $0.4 million. U.S. revenue doubled while Canadian sales dropped sharply. No new company news drove the move.
May 21, 2026
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Stock Market Today

  • ASX Futures Dip as Wall Street Climbs, Iran Diplomacy Hopes Weigh on Oil Prices
    May 24, 2026, 5:39 PM EDT. Before the Australian Securities Exchange (ASX) opens on May 25, 2026, S&P/ASX 200 futures indicate a 0.65% decline following a 1% gain last week. On Wall Street, stocks rose with the Dow Jones up 0.58%, S&P 500 0.37%, and Nasdaq 0.19%, marking the S&P 500's longest winning streak since 2023 at eight weeks. Traders react to geopolitical developments: optimism over a potential U.S.-Iran agreement tempered by Iranian denial. Crude oil prices dropped below $97 a barrel amid diplomacy hopes. U.S. Treasury yields hit a near 16-month high as Federal Reserve signals possible rate hikes. In corporate news, Nvidia reprimanded Super Micro Computer over AI server compliance, Anthropic nears a $900 billion valuation, Zoom raised growth guidance, and Uber explored acquiring Delivery Hero.