Latest News

Shares of fast-food chain Jack in the Box (NASDAQ:JACK) fell 6% in the afternoon session after an activist investor signaled a potential push for changes at the fast-food chain. 

Shares of fast-food chain Wingstop (NASDAQ:WING) fell 3.6% in the afternoon session after an analyst at Melius initiated coverage on the stock with a "hold" rating and a $350 price target. 

Shares of semiconductor materials supplier Entegris (NASDAQ:ENTG) fell 3.7% in the morning session after an analyst at KeyBanc lowered their price target on the stock. 

Shares of engineered materials manufacturer Rogers (NYSE:ROG) fell 7.6% in the afternoon session after the company announced the immediate departure of its President and CEO, Colin Gouveia. The company announced that Gouveia, who also resigned from the Board of Directors, has been replaced by Ali El-Haj on an interim basis while a search for a permanent successor is conducted. Sudden changes in high-level leadership, particularly at the CEO position, often create uncertainty among investors, which can lead to a stock sell-off. The market's reaction suggests concern over the unexpected transition and the potential for shifts in company strategy. The board has initiated a search for a permanent replacement and will consider both internal and external candidates.

Shares of semiconductor testing company Teradyne (NASDAQ:TER) fell 3.1% in the morning session after a recent "Sell" rating initiation from Goldman Sachs cast a shadow over the company's growth prospects. The investment bank set a price target of $80.00, citing concerns that Teradyne is not well-positioned in the high-growth market for testing merchant GPUs (Graphics Processing Units), which are crucial for AI applications. Adding to the bearish sentiment, Goldman Sachs pointed to ongoing cyclical weakness in the industrial markets, which affects Teradyne's robotics business. The firm also expressed uncertainty about the growth trajectory of the company's mobile segment.

Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell 14.1% in the afternoon session after the investment bank Piper Sandler initiated coverage on the stock with a "Neutral" rating. While a "Neutral" rating indicates that the analyst expects the stock to perform in line with the broader market, it appears investors were anticipating a more optimistic "Buy" rating. The initiation came with a price target of $6.00 per share. Although this target suggests potential upside from recent trading levels, the lack of a strong bullish endorsement from a new analyst covering the company may have prompted a sell-off from investors who were hoping for a more positive catalyst. In the absence of other company-specific news, the market's reaction suggests disappointment with the lukewarm initiation.

Shares of game engine maker Unity (NYSE:U) jumped 3.9% in the morning session after a regulatory filing revealed a new, multi-million dollar investment from Stephens Investment Management Group. According to a filing with the Securities and Exchange Commission, Stephens Investment Management Group purchased 825,669 shares of Unity during the first quarter, a stake valued at roughly $16.2 million. This new position gives the investment firm approximately 0.20% ownership of the game development platform company. Large investments by institutional investors are often viewed positively by the market, as they can signal a strong belief in a company's long-term strategy and growth potential. The filing also noted that several other hedge funds and institutional investors have recently increased their holdings in Unity, suggesting a broader accumulation of the stock by professional money managers.

Shares of diner restaurant chain Denny’s (NASDAQ:DENN) fell 3% in the afternoon session after a lack of fresh catalysts allowed underlying investor concerns to take the forefront. The decline occurred in the absence of any specific company announcements or analyst rating changes. However, recent data indicates a rise in negative sentiment among investors. The percentage of the company's shares sold short, a common measure of bearish bets against a stock, has recently increased. This move comes amid lingering worries over the company's performance. Earlier in the year, Denny's management issued weak guidance for fiscal year 2025, projecting same-store sales to be anywhere from flat to down 2%. Analysts have also pointed to a challenging outlook, with the company facing declining system-wide same-restaurant sales and downward revisions to earnings estimates. Without positive news to change the narrative, these persistent concerns appear to be weighing on the stock.

Shares of packaged foods company B&G Foods (NYSE:BGS) fell 3.9% in the afternoon session after the stock continued to be weighed down by negative investor sentiment, evidenced by a recent significant increase in bets against the company. The pressure on the packaged foods company comes as data shows a recent 11.2% rise in short interest. Short interest represents the number of shares that investors have sold short, a strategy used to profit from a stock's decline. A notable increase in this metric indicates that a growing number of market participants are anticipating further weakness in the share price. This pessimistic outlook is fueled by underlying business concerns.

Shares of medical technology company iRhythm Technologies (NASDAQ:IRTC) jumped 3.2% in the afternoon session after the positive sentiment from Wall Street analysts who saw further potential in the company. The digital healthcare firm has garnered a "Moderate Buy" consensus rating from analysts. Based on ten recent analyst ratings, the average twelve-month price target for iRhythm sits at $138.60, suggesting potential upside from its current trading level. Nine out of ten of these analysts rate the stock as a "Buy." This bullish stance from market experts likely reflects confidence in iRhythm's Zio service, a platform that uses wearable biosensors and cloud-based data analytics to diagnose cardiac arrhythmias. The company's focus on integrating artificial intelligence to provide clinically actionable insights for physicians positions it well within the growing digital health sector.

Shares of dental and medical products company Henry Schein (NASDAQ:HSIC) fell 3.5% in the afternoon session after an analyst at Baird downgraded the stock and cut its price target, citing the potential loss of a major customer. The investment firm lowered its rating on the healthcare products distributor to "Neutral" from "Outperform" and slashed its price target to $72 from $82. The downgrade was prompted by concerns that Heartland Dental, described as Henry Schein's largest global customer, might not renew its contract, which is estimated to be worth around $100 million annually. According to Baird, while the direct financial hit may be manageable, the move could set a precedent for other large customers to seek direct agreements with manufacturers. This possibility creates a potential "overhang" on the stock, which could weigh on its performance in the near to medium term. The negative sentiment was also reflected in the stock's technicals, as shares crossed below their 200-day moving average, a key technical indicator often watched by traders.

Shares of mobile app advertising platform AppLovin (NASDAQ: APP) jumped 6.4% in the afternoon session after the company received a reiterated "Buy" rating from a major Wall Street bank and reports of significant institutional buying. Citi reiterated its "Buy" rating and a $600 price target on the mobile technology company, signaling confidence ahead of its second-quarter earnings report. The bank expects AppLovin's results to be at the high end of its guidance.

Shares of payments and billing software maker Bill.com (NYSE:BILL) jumped 4.2% in the afternoon session after the recently passed "One Big, Beautiful Bill" is seen as a positive for the company's core small and medium-sized business (SMB) customers. The sweeping tax reform package includes several provisions aimed at supporting smaller companies, such as making the small business deduction permanent and renewing incentives for research and development. Bill.com provides a financial operations platform primarily for SMBs, helping them manage payments, billing, and expenses. The positive macro-economic tailwind from the new legislation could lead to a healthier environment for these businesses. An improved financial outlook for SMBs may translate into increased spending on technology and software, potentially boosting demand for Bill.com's platform as companies invest in tools to automate and scale their operations.

Shares of motion control and electronic systems manufacturer Helios Technologies (NYSE:HLIO) fell 4.5% in the afternoon session after the stock gave back some of its recent gains, likely as investors engaged in profit-taking following a strong rally over the past several weeks. The motion and electronic controls technology company did not release any specific negative news to account for the drop. However, the stock had experienced a significant run-up since late June, and such pullbacks can occur as traders lock in profits. While there were no fresh catalysts, investors may also be weighing previously highlighted risks. The company has noted potential headwinds from an estimated $15 million in tariffs during the second half of 2025 and faces continued softness in its agricultural and industrial end markets. The morning's decline could reflect a combination of technical selling and ongoing investor caution regarding these known challenges.

Shares of biotechnology company Moderna (NASDAQ:MRNA) fell 3.6% in the morning session after JPMorgan added the stock to its list of top short ideas for the second half of 2025. 

Shares of burger restaurant chain Red Robin (NASDAQ:RRGB) fell 4.7% in the afternoon session after the company continued to navigate a challenging environment marked by store closures and significant financial losses. The company has been grappling with the effects of rising dining costs, which has led to a pullback in consumer spending at fast-casual restaurants. In response to these pressures, Red Robin has been strategically closing underperforming locations.

Shares of life sciences tools company Agilent Technologies (NYSE:A) fell 3.2% in the morning session after the White House announced new tariffs on goods from the European Union and Mexico. 

Shares of mediterranean fast-casual restaurant chain CAVA (NYSE:CAVA) fell 3.2% in the morning session after Morgan Stanley lowered its price target on the stock and another firm initiated coverage with a neutral rating. Morgan Stanley reduced its price target on the Mediterranean fast-casual chain to $107 from $115, although it maintained its "equal weight" rating on the shares. This suggests that while the firm sees the stock as fairly valued, its future price appreciation may be more limited than previously thought.

Shares of medical supply and logistics company Owens & Minor (NYSE:OMI) fell 3.2% in the morning session after continued pressure from the previous week's announcement of potential new U.S. tariffs on Canada. 

Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 7.2% in the afternoon session after the company received a significant price target increase from Citi and announced a key partnership for its reusable Neutron rocket. 

Shares of global wind blade manufacturer TPI Composites (NASDAQ:TPIC) fell 7.8% in the afternoon session after the stock continued its slide following a recent analyst downgrade and persistent concerns over the company's debt. 

Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) fell 3% in the afternoon session after a broader market downturn as former President Trump announced potential 30% tariffs on goods from the European Union and Mexico.