Stock Market 12 February 2026

Wells Fargo stock drops again as WFC slides with banks ahead of Friday CPI

Wells Fargo stock drops again as WFC slides with banks ahead of Friday CPI

Wells Fargo shares fell 2.7% to $86.53 Thursday afternoon, underperforming U.S. financial stocks ahead of Friday’s inflation data. The Financial Select Sector SPDR Fund dropped 1.5%, while the S&P 500 ETF slipped 1.2%. Investors adjusted bets on Federal Reserve rate cuts after a strong jobs report. Wells Fargo management cited loan growth in cards and autos, with credit performance holding steady.
February 12, 2026
Accenture stock price slides nearly 4% as CEO share sale, AI jitters weigh on ACN

Accenture stock price slides nearly 4% as CEO share sale, AI jitters weigh on ACN

Accenture shares fell 3.8% to $221.58 Thursday after touching $215.22 intraday, with about 7.5 million shares traded. CEO Julie Sweet disclosed a planned sale of 6,057 shares in an SEC filing. Traders are watching the March 19 earnings call and a May 20 GAO deadline on a $1.4 billion federal contract protest. Peers IBM, Cognizant, DXC, and Infosys also declined.
February 12, 2026
Boston Scientific stock edges higher as Wall Street slides — what’s next for BSX shares

Boston Scientific stock edges higher as Wall Street slides — what’s next for BSX shares

Boston Scientific shares rose 1.2% to $74.38 Thursday, outperforming a 1% drop in U.S. indexes as tech stocks sold off ahead of Friday’s CPI report. The stock remains volatile after a 17% plunge last week, triggered by weaker-than-expected electrophysiology sales and a slower 2026 growth forecast. CEO Michael Mahoney recently sold shares under a pre-set plan. Stryker and Medtronic shares also gained in Thursday trading.
February 12, 2026
Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns

Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns

Citigroup shares dropped 4.2% to $112.45 in Thursday afternoon trading, extending losses as U.S. bank stocks slid ahead of Friday’s CPI data. Incoming CFO Gonzalo Luchetti warned a proposed credit-card rate cap could cut credit access for lower-income borrowers. JPMorgan, Bank of America, and Wells Fargo also fell. Investors cited rate expectations and political scrutiny of card pricing.
February 12, 2026
Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus

Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus

Thermo Fisher shares fell 4.3% to $504.53 Thursday afternoon, extending a recent slide. The company expects to settle a $3.8 billion debt offering on Feb. 12 to help fund its pending Clario acquisition. Thermo Fisher also announced a data collaboration with Datavant. An executive vice president sold 400 shares under a pre-set plan, according to an SEC filing.
February 12, 2026
Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell

Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell

Coinbase shares fell 8% to $140.95 Thursday afternoon ahead of its fourth-quarter results, due after the market close. Analysts cited weak crypto prices and trading volumes, with Monness, Crespi, Hardt downgrading the stock to “tactical sell.” Bitcoin dropped 2.2% to $65,644. Investors await updates on trading fees and stablecoin-driven revenue.
February 12, 2026
GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters

GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters

GE Vernova shares slipped 0.6% to $819.07 Thursday, pulling back after hitting a 52-week high the previous day. The company recently raised its 2026 revenue outlook to up to $45 billion and completed a $5.3 billion buyout of transformer-maker Prolec GE. Orders last quarter jumped 65% to $22.2 billion. Broader markets fell, with the Nasdaq down 1.6% in afternoon trading.
February 12, 2026
Carvana stock (CVNA) falls again after court order as earnings loom

Carvana stock (CVNA) falls again after court order as earnings loom

Carvana shares dropped 4.9% to $346.36 Thursday, extending losses after a U.S. court ordered the company to produce withheld email attachments in ongoing securities litigation. The order, signed Feb. 10, compels disclosure of communications tied to DriveTime. Investors remain cautious ahead of Carvana’s Feb. 18 earnings report. Executive Thomas Taira sold 1,047 shares on Feb. 9, SEC filings show.
February 12, 2026
T-Mobile stock jumps today as TMUS lifts 2027 cash outlook and ramps buybacks

T-Mobile stock jumps today as TMUS lifts 2027 cash outlook and ramps buybacks

T-Mobile US shares jumped 4.3% to $218.60 Thursday after the company raised its 2027 revenue and cash flow targets and said it would double first-quarter buybacks to as much as $5 billion. The company reported 962,000 postpaid phone net adds in Q4, but churn rose to 1.02%. T-Mobile also plans a euro-denominated bond offering. Management will stop reporting postpaid phone adds, shifting focus to account growth and ARPA.
February 12, 2026
AppLovin stock price dives in regular trading after earnings beat fails to calm competition jitters

AppLovin stock price dives in regular trading after earnings beat fails to calm competition jitters

AppLovin shares dropped about 18% to $375.13 Thursday after its quarterly report, despite beating sales estimates and forecasting higher first-quarter revenue. The company posted fourth-quarter sales of $1.66 billion and net income of $1.10 billion. CEO Arash Foroughi told analysts operating performance was at a record high. Investors remain concerned about competition and the impact of economic uncertainty on ad budgets.
February 12, 2026
Shopify stock price slides: SHOP selloff shifts focus to cash‑flow margin and $2 billion buyback

Shopify stock price slides: SHOP selloff shifts focus to cash‑flow margin and $2 billion buyback

Shopify shares dropped 7.8% to $109.44 Thursday morning after the company forecast a lower first-quarter free cash flow margin despite strong revenue growth. The stock had briefly topped $121 earlier in the session. Shopify reported $3.67 billion in fourth-quarter revenue and $715 million in free cash flow. A $2 billion buyback program begins February 17.
February 12, 2026
ICON (ICLR) stock price tumbles 40% after accounting probe delays 2025 results

ICON (ICLR) stock price tumbles 40% after accounting probe delays 2025 results

ICON plc shares plunged 42% to $77.73 after the company disclosed an audit committee investigation into its accounting and delayed its 2025 results. Preliminary findings suggest revenue for 2023 and 2024 may have been overstated by less than 2% each year. ICON withdrew 2025 guidance and expects to report material weaknesses in financial controls. The company aims to release results by April 30.
February 12, 2026
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