PLMK
NASDAQ · N/A
Plum Acquisition Corp Iv
$10.57
-0.01 (-0.05%)
PLMK News16 articles
Parsons shares plummet 38% after $118M charges, slashed 2026 forecast
Parsons (PSN) shares fell 38% after the company disclosed $118M in charges and lowered its 2026 guidance, with adjusted EBITDA dropping sharply amid weather-related project delays and portfolio divestitures.
Bending Spoons Shares Plummet 70% from Peak on Debt Concerns
Bending Spoons (BSP) shares dropped 70% from their debut peak to $32.40, as attention shifts to debt expenses that consumed 77.5% of operating income in Q1.
GSK Plummets After Failed Cough Drug Trial Wipes Out £2.36B
GSK shares fell 3% after a phase III trial failure for its chronic cough drug camlipixant erased £2.36 billion in market value, more than the cost of acquiring BELLUS.
Palantir Plummets 8.7% in Three Days, Losing $29B in Market Cap Ahead of CPI Data
Palantir shares dropped 8.7% in three sessions, losing $29 billion in market cap, as the stock closed at $126.79 ahead of key CPI data.
Huntsman Shares Plummet 18% After Olin All-Stock Merger Reveals Valuation Gap
Huntsman shares dropped 18% after Olin's all-stock merger deal valued the company below its last close, with the fixed exchange ratio linking its worth to Olin's declining stock price.
Centrica Plummets 5% as Retail Earnings Warning Overshadows £370M Gas Plant Buy
Centrica shares dropped 5.16% after warning retail energy earnings will hit the low end of 2026 forecasts, despite a £370 million deal to buy the Severn gas power plant.
Domino's Pizza Shares Plummet 10% on Weak Outlook Amidst Intensifying Value War
Domino's Pizza shares fell nearly 10% after the company slashed its 2026 comparable-sales outlook, citing weak demand and tougher competition. Q1 U.S. same-store sales rose only 0.9%, missing estimates.
Stocks Surge as Geopolitical Tensions Ease, Oil Plummets
U.S. equities soared on Monday, with the Dow Jones Industrial Average jumping 888 points after President Trump postponed planned strikes against Iran. Crude oil prices collapsed over 8%, easing inflation concerns.
Constellation Energy Plummets 11% on $5B Asset Sale, Power Sector Rout
Constellation Energy shares tumbled 10.9% following a major $5 billion divestiture to LS Power, part of its Calpine acquisition remedies. The selloff spread across the power sector as utilities led market declines.
Dow Plummets Amid Oil Spike, Dovish Fed Hopes Dim
The Dow Jones Industrial Average fell sharply Thursday, losing 428 points as surging oil prices and a less accommodative Federal Reserve outlook rattled investors.
Oil Plummets 13% as Trump Hints at Iran Conflict Resolution
Oil prices crashed over 13% Tuesday after U.S. President Donald Trump indicated the Iran conflict might conclude shortly, erasing the prior day's surge driven by supply fears. Brent crude fell $12.46 to $86.50 per barrel.
Nexi Stock Plummets on Delayed Growth Outlook and Major Write-Down
Nexi shares plunged up to 20% to an all-time low after the payments group delayed its growth re-acceleration target to 2028 and recorded a €3.7 billion non-cash goodwill write-down for 2025.
AeroVironment Plummets on SCAR Contract Uncertainty, Raymond James Downgrade
AeroVironment shares tumbled almost 19% Monday following a Raymond James downgrade to Underperform. The broker highlighted uncertainty surrounding the U.S. Space Force's $1.4 billion SCAR satellite-communications contract.
Coinbase CEO's Wealth Plummets Amid Q4 Loss, $500M Stock Sale
Coinbase reported a quarterly loss driven by declining trading volumes, while CEO Brian Armstrong sold more than $500 million in shares over nine months, erasing over $10 billion from his net worth.
AI Energy Startup Tem Secures $75M, Hasbro Rally Analyzed, Micro-Cap Plummets
London's Tem raises $75M in Series B funding to expand its AI-driven electricity platform. Hasbro stock shows a 69% rally but DCF suggests undervaluation, while Finaxo Environnement drops sharply in thin trading.
Kyndryl Shares Plummet Over 50% Amid SEC Probe, Filing Delay, and Executive Departures
Kyndryl Holdings stock crashed more than 50% after delaying its quarterly report, disclosing an SEC inquiry into its financial controls, and announcing the exit of its CFO and General Counsel.