NYSE:PETS

PetMed Express Stock Hovers Near $2 as Short Week Starts

PetMed Express Stock Hovers Near $2 as Short Week Starts

PetMed Express shares traded at $2.12 Tuesday, down 2.3%, valuing the company near $44.5 million. The company set its virtual annual meeting for August 11, with a May 31 deadline for shareholder proposals. PetMed reported a 21.7% sales drop last quarter and a net loss of $10.6 million. Investors are watching the new Rural King partnership and upcoming governance moves as the company faces rising costs and falling margins.
May 26, 2026

Stock Market Today

  • Judo Capital upsizes $750m securitisation to strengthen capital and boost ROE
    May 28, 2026, 7:33 PM EDT. Judo Capital Holdings Ltd (ASX: JDO) has successfully upsized its securitisation of SME loans to $750 million from $500 million, enhancing its Common Equity Tier 1 (CET1) ratio to 13.2% from 12.6%. The notes priced at 171 basis points over the 1-month BBSW, 102bps tighter than the prior deal. This capital-relief transaction, which keeps the loans on Judo's books, is expected to boost FY27 return on equity (ROE) by 25-30 basis points, enabling more flexible lending and improved profitability. Settlement is anticipated on June 4, 2026. Despite Judo's shares falling 6% over the past year, this move positions the bank to support SME lending growth and manage capital actively amid strong investor demand.