July 2
AUTOMOTIVE
Rivian Automotive Inc. jumped 11% to $19.08 apiece with a $25.6 billion market cap after its second quarter deliveries beat expectations. The Irvine-based EV maker today announced it produced 12,613 vehicles and delivered 12,194, beating its original projections of 9,000 to 11,000 units (Nasdaq: RIVN).
TECHNOLOGY
TTM Technologies dropped 14% to $154.55 a share, with an $16 billion market cap. Shares of the Santa Ana-based maker of printed circuit boards are still up four fold in the past year (Nasdaq: TTMI).
INDEXES
Nasdaq decreased 1.2% to 25,732.34.
Gold was up 1.4% to $4,139.70 per ounce.
Crude oil fell 1.2% to $67.79 per barrel.
–Yuika Yoshida
July 1
DEFENSE
Karman Holdings is up 9.7% to $54.70 a share with a $7.3 billion market cap. Shares rose after Citi reiterated its Buy rating and $76 price target, saying the Huntington Beach-based aerospace and defense company is well-positioned for a strong second quarter and long-term growth (NYSE: KRMN).
TECHNOLOGY
TTM Technologies dropped nearly 4% to $180.33 a share, with an $18.7 billion market cap. Shares of the Santa Ana-based maker of printed circuit boards have fallen 12% since its inclusion in the Russell 1000 Index last week (Nasdaq: TTMI).
Shares of Veritone Inc. rose 11% to $1.51 with a market cap of $141 million (Nasdaq: VERI). On Tuesday, the Irvine-based software company said the California Highway Patrol is using its AI-powered software to “to automate the redaction of sensitive information within digital evidence, significantly accelerating public records processing while protecting citizen privacy.”
HEALTHCARE
PMGC Holdings Inc. is up 9% to $1.32 a share with a $9 million market cap (Nasdaq: ELAB). Shares of the Newport Beach-based holding company rose after its subsidiary, NorthStrive Biosciences Inc., reported positive Phase III results from an AI-driven drug discovery program. The company said its experimental drug candidates increased production of a protein that could support future treatments aimed at preserving muscle.
MARKETS/INDEXES
Gold is up 1.46% to $4,097.30 an ounce.
Crude oil is down 1.74% to $68.29 a barrel.
–Nancy Luna
June 30
RETAIL
Tilly’s Inc. shares jumped 15% to $4.48, giving the company a market cap of $136.5 million (NYSE: TLYS). The Zacks Consensus Estimate for the Irvine-based youth apparel retailer’s current-year earnings has increased by 64.7% over the last 60 days.
AUTOMOTIVE
Indie Semiconductor Inc. shares rose 15% to $4.31, putting its market cap at $911 million (Nasdaq: INDI). The Aliso Viejo company, which makes automotive software, is trading at a 33% premium to its usual daily volume.
ENERGY
Shares of Clean Energy Fuels Corp. rose 8% to $2.04 with a market cap of $552.5 million (CLNE). The Newport Beach-based company, known for providing natural gas as an alternative fuel for vehicles, has seen its shares rise by 20% since June 23.
COMMODITIES
Crude oil fell 1.2% to $69.86 per barrel.
— Joseph Pimentel
June 29
HEALTHCARE
RxSight Inc., the maker of lenses for cataracts, fell 4.5% to $5.12 apiece with a $208 million market cap (Nasdaq: RXST). The Aliso Viejo company’s volume on Monday was more than double the daily average at 1,897,572.Â
AUTOMOTIVE
Rivian Automotive Inc. increased 7.3% to $16.77 apiece with a $22 billion market cap on Monday, despite recent reports of a U.S. safety probe into more than 100,000 of the automaker’s R1 vehicles (Nasdaq: RIVN). The Irvine-based EV maker also launched its newest R2 SUV this month.Â
TECHNOLOGY
Viant Technology Inc. was up 11% to $13.04 apiece with a $827 million market cap (Nasdaq: DSP). Simply Wall St said on June 26 that a few analyst firms such as DA Davidson and B. Riley have raised their target prices for the digital ad software company in the past few months, which points to “refreshed confidence” and “ongoing support.”Â
MARKETS/INDEXES
Nasdaq was up 1.7% to 25,724.88.Â
Crude oil rose 2.4% to $70.87 a barrel.Â
Gold was down 1.4% to $4,037.30 per ounce. Â
EMPLOYMENT
Paper Mart, doing business as Frick Paper Company, in Orange will permanently close its facility on North Batavia Street by August 28, affecting 78 employees, according to workforce filings.
–Emily Santiago-Molina
June 26
TECHNOLOGY
TTM Technologies Inc. fell 5.8% to $198.44, with a market cap of $20.6 billion (NASDAQ: TTMI). The Santa Ana-based printed circuit board maker’s shares are down 10% since hitting a record high of $221.47 on June 22.
RESTAURANTS
Kura Sushi USA Inc. rose 5% to $57.65 per share, with a market cap of $700.3 million (Nasdaq: KRUS). The Irvine-based restaurant chain’s stock is up 12% since it announced a partnership with Singapore’s HoYoverse on Wednesday.
AUTOMOTIVE
Rivian Automotive Inc. is up 4.5% to $15.56, giving it a market cap of $20.8 billion (Nasdaq: RIVN). The Irvine electric-vehicle maker is trading at 47% below its typical volume at midday.
COMMODITIES
Crude oil dropped 3.7% to $69.27 a barrel.
— Joseph Pimentel
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.  Â
The yield on a 10-year Treasury bond is down 2% to 4.4%.
–Anastasia Efremova
June 22
SEMICONDUCTORSÂ
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. Â
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. Â
SPACEÂ
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. Â
MARKETS/INDEXESÂ
Nasdaq fell 1.3% to 26,182.79. Â
Crude oil dropped 2.8% to $73.76 a barrel. Â
Gold was down 1.1% to $4,201.50 per ounce.  Â
The yield on a 10-year Treasury bond rose 1.3% to 4.509%.Â
–Emily Santiago-Molina
June 19
— Joseph Pimentel
June 18
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
