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Thursday, Jun 25, 2026

Midday Stock Roundup: Glaukos Rises 4% After Phase 2 Enrollment Completed

WM Technology adjourns stockholders meeting

June 25

HEALTHCARE

Glaukos Corp. rose 4% to $143.14 per share and an $8.4 billion market cap. The Aliso Viejo-based medical device company today announced that it completed patient enrollment for its Phase 2 clinical study evaluating an investigational drug candidate for the treatment of chronic eyelid disease Demodex blepharitis (NYSE: GKOS).

TECHNOLOGY

Irvine-based WM Technology Inc., a provider of cannabis related information, fell 5% to 38 cents per share and a $66 million market cap after yesterday adjourning its annual stockholders meeting until July 16. The company postponed the meeting to give shareholders more time to vote on a proposal requiring annual elections for all directors (OTC: MAPS).

INDEXES

Crude oil was up 1.4% to $74.92 per barrel.

–Yuika Yoshida


June 24

RESTAURANTS

Kura Sushi USA Inc. is up 7.9% to $50.77 apiece with a market cap of $616.7 million (Nasdaq: KRUS). Shares of the Irvine-based restaurant chain rose after today’s announcement of the collaboration with Singaporean entertainment brand HoYoverse.

MEDTECH

Irvine-based Beta Bionics Inc. rose 7.7% to $14.72 apiece with a market cap of $654.8 million (Nasdaq: BBNX). The maker of diabetes management solutions is up 20% since its last earnings report on April 21, after which analysts from MarketBeat reported “strong commercial momentum” for the company.

AEROSPACE

Space tourism company Virgin Galactic Holdings is down 4.5% to $2.87 apiece with a market cap of $316.3 million (NYSE: SPCE). The Tustin-based firm’s stock has been in decline following the IPO of Elon Musk’s SpaceX on June 12, dropping 27% since the announcement.

MARKETS/INDEXES

Crude oil dropped 3.9% to $70.4 a barrel following last week’s agreement between the U.S. and Iran to open the Strait of Hormuz and end the conflict. The Wall Street Journal reported today traffic improvement in the strait.

Gold is down 3.2% to $4,016.7 per ounce.   

The yield on a 10-year Treasury bond is down 2% to 4.4%.

–Anastasia Efremova


June 23
AUTOMOTIVE
Indie Semiconductor Inc. shares fell 6.3% to $3.79, putting its market cap at $801 million (Nasdaq: INDI). The Aliso Viejo company, which makes automotive software, is trading at much lower volume than usual, down 79%. Yesterday, the company announced the retirement of its president Ichiro Aoki, effective June 29.
RETAIL
Tilly’s Inc. shares dipped 6.1% to $4.45, giving the company a market cap of $135.6 million (NYSE: TLYS). The Irvine-based youth apparel retailer’s stock is down 17% since its first-quarter results came out on June 16.
MARKETS/INDEXES
The S&P 500 was down 1.35% to 7,376.42, and the Nasdaq dropped 1.9% to 25,658.07 at midday.
Crude oil fell 1.4% to $72.84 per barrel.
— Joseph Pimentel


June 22

SEMICONDUCTORS 

Irvine-based Skyworks Solutions Inc. rose 6.4% to $77.11 apiece with a $11.6 billion market cap (Nasdaq: SWKS). The chip company’s call volume was above normal, about eight times more than expected with 25,603 calls trading, and “directionally bullish,” The Fly reported on Monday.  

Indie Semiconductor Inc. fell 4.8% to $4.04 apiece with a $859 million market cap (Nasdaq: INDI). Indie co-founder, Dr. Ichiro Aoki, announced his resignation as president and from the board, effective June 29. The company said he would transition into “a more focused, limited” advisory role.  

SPACE 

Virgin Galactic Holdings Inc. was down 11% to $3.16 apiece with a $352 million market cap (NYSE: SPCE). The Tustin-based space tourism company, among other space-related stocks, is still feeling the effects from the SpaceX IPO on June 12 – which 24/7 Wall St. says is putting pressure on the sector.  

MARKETS/INDEXES 

Nasdaq fell 1.3% to 26,182.79.  

Crude oil dropped 2.8% to $73.76 a barrel.  

Gold was down 1.1% to $4,201.50 per ounce.   

The yield on a 10-year Treasury bond rose 1.3% to 4.509%. 

–Emily Santiago-Molina


June 19

AUTOMOTIVE
Indie Semiconductor Inc. shares rose 8% to $4.25, bringing its market cap to $898 million (Nasdaq: INDI). The Aliso Viejo company, which makes software for the automotive industry, is trading at 10.2 million shares, about double its daily volume.
TECHNOLOGY
TTM Technologies Inc. rose 6.8% to $216.44, giving it a market cap of $22.4 billion (NASDAQ: TTMI). The Santa Ana manufacturer of printed circuit boards recently acquired two companies — Swiss Technology Group, based in Zurich, and ILFA GmbH, based in Hanover — as part of its push into the European market. Shares have risen about fivefold in the past year on demand for its products that supply the boom in artificial intelligence.
MARKETS/INDEXES
The S&P 500 rose 1% to 7,500.58, while the Nasdaq gained 1.9% to 26,517.93 at midday.
Crude oil rose 1% to $76.60 per barrel.

— Joseph Pimentel


TECHNOLOGY

TTM Technologies Inc. rose 6% to $214.90 for a market cap of $22.4 billion. The Santa Ana-based maker of printed circuit boards yesterday announced its intent to acquire Zurich, Switzerland-based Swiss Technology Group AG and ILFA GmbH in Hannover, Germany for an undisclosed amount. The two acquisitions will help “establish (TTM’s) footprint in the important European market,” according to Chief Executive Edwin Roks (Nasdaq: TTMI).

HEALTHCARE

Eledon Pharmaceuticals Inc. rose 5.8% to $3.91 apiece with a $302 million market cap. Shares in the Irvine-based biotechnology company are up 9.2% since announcing updated results from its islet cell transplantation trial, showing that all 12 patients achieved insulin independence, on June 8 (Nasdaq: ELDN).

INDEXES

Gold is down 3.2% to $4,243.50 per ounce.

Crude oil fell 2.8% to $73.91 per barrel.

–Yuika Yoshida


June 17

TECHNOLOGY

Western Digital is up 6% to $722.27 apiece with a market cap of $250 billion (Nasdaq: WDC). Shares of the San Jose-based memory products maker, which has a large presence in Irvine, rose following a favorable mention in Zacks today. In the article, the investment publication said that the EPS estimate for the quarter has risen over the last 30 days, and “a positive trend in earnings estimate revision usually translates into price appreciation.”

SEMICONDUCTORS

Broadcom rose 5.7% at $398.26 per share for a market cap of almost $1.9 trillion (Nasdaq: AVGO). Shares of the Palo Alto-based chip developer jumped after JPMorgan analysts set a $580 price target on the stock, calling it an “aggressive” buy.  Shares have risen by about 35% since March.

–Anastasia Efremova


June 16

SENIOR HOUSING

The Ensign Group rose 3.5% to $155.91 per share for a market cap of $9.1 billion after the San Juan Capistrano-based provider of senior housing facilities increased its stock repurchase authorize to $100 million (Nasdaq: ENSG).

HEALTHCARE

Irvine-based medtech firm Beta Bionics slid 4.1% to $13.79 per share for a market cap of $615 million. Shares in the company have fallen more than 25% over the last year (Nasdaq: BBNX).

MARKETS

The price for a barrel of oil fell 5.8% to $74.81 after the announcement that a provisional deal in the U.S. war against Iran may be at hand.

–Kevin Costelloe


June 15

RESTAURANTS

Reborn Coffee Inc. jumped 13% to $1.60 apiece with a $13 million market cap (Nasdaq: REBN). Shares of the Brea-based company were recovering from when the specialty coffee chain revealed founder and co-CEO Jay Kim resigned and appointed his co-executive Jun Jae Lim as sole CEO on June 8. 

RETAIL

Irvine-based loanDepot Inc. were up 8.9% to $1.23 apiece with a $801 million market cap (NYSE: LDI). However, shares of the mortgage lender are still off 4.2% since reporting first quarter results in May and down 34% since posting its fourth quarter 2025 report in March. 

MARKETS/INDEXES

The S&P 500 was up 1.9% to 7,569.95, Nasdaq rose 3.1% to 26,681.81 and the Dow 30 increased 1.3% to 51,894.88 following news of the preliminary deal between the United States and Iran. 

Crude oil dropped 5% to $80.57 a barrel. 

Gold was up 2.7% to $4,353.70 per ounce.  

–Emily Santiago-Molina


June 12 

HEALTHCARE
Irvine-based biopharmaceutical company CG Oncology rose 4.1% to $60 apiece for a market cap of $5.3 billion. Investor website Simply Wall St. said on Thursday that investors are looking ahead to key data from its Phase 3 PIVOT-006 trial and a planned regulatory filing for bladder cancer therapy cretostimogene later this year (Nasdaq: CGON).
AEROSPACE
Tustin-based space tourism company Virgin Galactic fell 30% to $4.01 per share for a market cap of $446 million on the same day that Elon Musk’s SpaceX was going public in a $75 billion IPO that may eventually dominate the market for space travel and transportation (NYSE: SPCE).
MARKETS
The price for a barrel of oil fell 3.6% to $84.59 after President Trump issued his latest assurance that an end is close to end the war against Iran.
Gold rose 3.1% to $4,240.60.
EMPLOYMENT
AI company Veritone told California state officials it will be laying off 31 employees in Irvine. The company earlier this week told federal regulators it would lay off at least 25% of the staff.
–Kevin Costelloe

June 11

SPACE

Virgin Galactic Holdings Inc. surged 22% to $5.74 with a $599 million market cap (NYSE: SPCE). Shares of several space-related companies rose ahead of the SpaceX IPO on Friday, according to Yahoo Finance. Additionally, the Tustin-based space tourism company on June 10 completed a debt-for-equity swap that retired $30.5 million in notes, according to regulatory filings.

RETAIL

Shares of Compass Diversified, parent company of Costa Mesa retailer 5.11, fell 6.9% to $10.17 apiece after announcing that Chief Executive Elias Sabo will retire on Dec. 31, 2026. Zach Sawtelle, a partner and chief operating officer at the operator’s external manager, Compass Group Management LLC, will succeed Sabo as CEO.

The company had a $765 million market cap (NYSE: CODI).

MARKETS/INDEXES

Crude oil was up 1.3% to $91.21 a barrel. 

–Emily Santiago-Molina

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