Nov. 14
TECHNOLOGY
Shares of TTM Technologies Inc. (Nasdaq: TTMI) are up 8.4% to $68.51 with a market cap of $7 billion. Shares of the Santa Ana-based maker of printed circuit boards (PCB) bounced back today after dropping roughly 10% during yesterday’s tech-heavy losses on Nasdaq.
HEALTHCARE
Shares of Irvine-based CG Oncology Inc. (Nasdaq: CGON) are up 6.4% to $40.19 with a market cap of $3.1 billion. The biopharmaceutical company announced today that it has initiated its rolling submission to the FDA for its lead bladder-cancer therapy and anticipates achieving multiple milestones related to its therapies for non–muscle invasive bladder cancer.
Shares of enVVeno Medical Corp. (Nasdaq: NVNO) plunged 34% to 42 cents with a market cap of $8.6 million. The Irvine-based medical device maker announced yesterday that the FDA had denied an appeal related to its lead product, VenoValve. In August, the FDA rejected Premarket Approval for the product — a major setback for the company.
SPACE
Virgin Galactic Holdings Inc. (Nasdaq: SPCE) increased 10% to $3.65 per share with a $210 million market cap. The Tustin-based space tourism company told investors during earnings yesterday that its commercial space flights are on track to resume in the fourth quarter of next year with private astronaut flights following 6 to 8 weeks later.
MARKETS/INDEXES
Gold is down 2.2% to $4,101.60 an ounce. Crude oil is up 2.5% to $60.18 a barrel, triggered after a Ukrainian drone attack today on a Russian oil depot resulting in suspension of oil supply exports.
Nov. 13
TECHNOLOGY
Irvine-based Veritone Inc. (Nasdaq: VERI) fell 7% to $4.70 per share with a $430 million market cap. The AI firm today announced the close of a transaction with certain lenders to reduce the company’s debt by $77.5 million. The transaction also frees up approximately $15 million of previously restricted cash, according to Veritone.
SPACE
Virgin Galactic Holdings Inc. (Nasdaq: SPCE) decreased 5.5% to $3.42 per share with a $197 million market cap. Shares in the Tustin-based space tourism company are down ahead of its scheduled third-quarter earnings after the market close today.
INDEXES
The Nasdaq is down 2% to 22,948.06.
–Yuika Yoshida
Nov. 12:
HEALTHCARE
Shares of Evolus Inc. (Nasdaq: EOLS) are up 3.9% to $7.26 with a market cap of $470 million. Last week, the Newport Beach-based aesthetics company reported earnings that beat analysts’ estimates. Revenue of $68.97 million for the quarter surpassed the Zacks Consensus Estimate by 1.7%.
Shares of Staar Surgical Co. (Nasdaq: STAA) are down 6.5% to $25.63 with a market cap of $1.3 billion. The Lake Forest-based medical device maker announced Nov. 7 that it amended its $1.5 billion merger agreement with Alcon Inc. to “maximize value” for shareholders, adding a new 30-day go-shop period to seek competing offers. (Read more in the Nov. 17 print edition.)
Eledon Pharmaceuticals (Nasdaq: ELDN) in Irvine fell 14% to $1.81 per share for a market cap of $108.7 million. The drug research company, whose shares have been declining following the release of its Phase 2 trial results for its kidney transplant rejection medication, priced a $50 million public offering today. The proceeds will be used to support clinical development, advance its pipeline programs, and for general corporate purposes.
RESTAURANTS
BJ’s Restaurants (Nasdaq: BJRI) rose 3% to $37.32 apiece for a market cap of $789 million. The Huntington Beach-based casual dining chain, specializing in deep dish pizza, has introduced two major menu updates in recent days. Last week, the chain rolled out an enhanced version of its pizza recipe for the first time in nearly five decades — from improving the dough to adding new premium toppings such as pepperoni that “curls, crisps, chars to perfection.” Today, the chain also added two new seasonal flavors to its popular Pizookie dessert. The company also hired a new CFO last week. That same day, Freedom Capital Markets initiated coverage on BJ’s with a Buy rating and a price target of $44, according to the financial news website GuruFocus.
INDEXES
Gold is up 2.25% to $4,208.80 an ounce. The yield on a 10-year Treasury bond is down 1.5% to 4.06%.
–Nancy Luna
Nov. 11
MEDIA
Programmatic adversting company Viant Technology (Nasdaq: DSP) in Irvine rose 19% to $10.39 per share for a market cap of $647 million after releasing third-quarter earnings that topped analysts’ estimates. Adjusted earnings per share were 6 cents, better than estimates of 5 cents. Quarterly revenue was 7% higher than it was for the same period a year earlier.
PHARMACEUTICALS
Eledon Pharmaceuticals (Nasdaq: ELDN) in Irvine fell 8.3% to $2.06 per share for a market cap of $124 million. The shares have been dropping following the release of the company’s Phase 2 trial results for kidney transplant rejection medication.
MARKETS
The price for a barrel of oil was up 1.6% at $61.06
EMPLOYMENT
Infineon is laying off one person in Irvine as of Nov. 14, the company told California state labor officials.
–Kevin Costelloe
Nov. 10
AUTOMOTIVE
Shares of Rivian Automotive Inc. (Nasdaq: RIVN) jumped 8% to $16.45 apiece with a market cap of $20 billion. On Nov. 6, the Irvine-based EV maker upgraded the performance-based stock award for founder and Chief Executive RJ Scaringe. He now has an option to purchase up to 36.5 million shares of the Company’s Class A Common Stock, according to a Nov. 7 filing.
TECHNOLOGY
Irvine-based Veritone Inc. (Nasdaq: KRUS) fell 7.8% to $5.26 per share with a $369 million market cap. The AI firm on Monday released an additional statement on its third quarter report initially posted on Nov. 6.
Veritone “is clarifying its third-quarter commentary and providing context on certain non-cash and non-operational expenses that affected the third quarter of 2025 because of certain published reports,” the company said.
INDEXES
The S&P 500 was up 1.3% to 6,815.17 and Nasdaq rose 2% to 23,475.01 as the government shutdown appears close to ending, the Wall Street Journal reported.
Gold increased 2.5% to $4,109.10 per ounce.
–Emily Santiago-Molina
Nov. 7
TECHNOLOGY
Shares of Veritone Inc. (Nasdaq: VERI) dropped 15% to $5.41 apiece with a market cap of $379 million. The AI firm reported third-quarter results on Thursday and said its net loss widened to $26.9 million from a $21.7 million net loss in the same period a year earlier. Third quarter revenue jumped 32% to $29 million.
Chief Executive Ryan Steelberg said in a statement that the Irvine-based company remains “on track to reach profitability by the latter part of 2026.”
RESTAURANTS
Irvine-based Kura Sushi USA Inc. (Nasdaq: KRUS) fell 16% to $45.81 per share with a $554 million market cap. Volume was up 65% from the daily average.
Despite posting fiscal fourth quarter sales that surpassed analysts’ expectations, the Japanese sushi chain reported that same-store sales decreased 1.3% for the fiscal year 2025, “consisting of traffic of negative 3.1% and price/mix of 1.8%.”
INDEXES
The S&P 500 was down 1% to 6,652.62 and Nasdaq fell 1.2% to 22,779.07. Preliminary survey results from the University of Michigan suggested consumer sentiment has fallen toward record-low levels, the Wall Street Journal reported.
–Emily Santiago-Molina
Nov. 6
MEDTECH
RxSight Inc. (Nasdaq: RXST) rose 5.7% to $8.82 and a $361 million market cap. The Aliso Viejo maker of intraocular (IOL), or implantable, lenses yesterday reported third quarter revenue of $30.3 million and quarterly loss of 4 cents, above consensus estimates of $25.3 million and expected loss of 38 cents.
Eledon Pharmaceuticals Inc. (Nasdaq: ELDN) increased 3.2% to $4.16 and a $249 million market cap. The Irvine-based clinical-stage drug developer announced that Chief Executive Dr. David-Alexandre Gros will present at the upcoming Guggenheim Second Annual Healthcare Innovation Conference on Nov. 12.
INDEXES
The Nasdaq was down 2% to 23,042.59.
The Yield on a 10-year Treasury bond fell 1.8% to 4.081%.
–Yuika Yoshida
Nov. 5
AUTOS
Rivian Automotive Inc. (Nasdaq: RIVN) jumped 17% to $14.70 apiece with a market cap of $17.8 billion. The Irvine-based EV-maker released third-quarter earnings yesterday after the market closed, reporting $1.6 million in consolidated revenue, a 78% increase over the same quarter of the previous year. The company also delivered 13,201 vehicles to customers, which is expected to be the highest delivery quarter for the year.
RESTAURANTS
Shares of Vestand Inc. (Nasdaq: VSTD) rose 10.8% to 57 cents with a market cap of $8.3 million. The uptick comes a week after the Brea-based ramen chain, once known as Yoshiharu Global, announced last week that the company’s previously filed financial statements are unreliable. Shares are down 31% since Vestand made that disclosure Oct. 31.
MEDTECH
Masimo Corp. (Nasdaq: MASI) fell 6% to $139.75 apiece with a market cap of $7.6 billion. Shares were down for the Irvine-based medical device maker despite reporting yesterday third-quarter revenue increasing to $371.5 million, up 8.7%, beating Wall Street’s expectations.
ENVIRONMENT
Clean Energy Fuels Corp. (Nasdaq: CLNE) fell 18% to $2.29 a piece with a market cap of $501 million. The Newport Beach company specializing in renewable natural gas yesterday reported that its net loss had widened in the third quarter to $23.8 million, compared to $18.2 million in the same period a year earlier.
INDEXES
The yield on a 10-year Treasury bond was up 1.6% to 4.2%.
–Nancy Luna
Nov. 4
INDEXES
Nasdaq fell 1.6% to 23,462.72
MARKETS
The price of gold was down 1.1% at $3,970.70
–Kevin Costelloe
Nov. 3
ENERGY
Shares of Clean Energy Technologies Inc. (Nasdaq: CETY) were down 10% to $2.02 with a market cap of $143 million. Volume was up 50% more than the daily average.
The Newport Beach-based firm on Monday announced a collaboration with Qymera Global Energy Ltd. to scale and commercialize a geothermal power system called DeepFyre. Clean Energy Technologies recently regained full compliance with Nasdaq listing requirements last month.
SPACE
Tustin-based Virgin Galactic Holdings Inc. (Nasdaq: SPCE) fell 5.4% to $3.73 per share with a $215 million market cap. However, shares of space tourism company are up 71% from a 52-week low of $2.18 in April.
–Emily Santiago-Molina
Oct. 31
Oct. 30
RESTAURANTS
Chipotle Mexican Grill Inc. (NYSE: CMG) dropped 15% to $33.90 and a $45 billion market cap. Scott Boatwright, chief executive of the Newport Beach-based restaurant chain, yesterday told analysts that younger consumers between the ages of 25 to 35, a demographic that makes up a large part of its sales, are under pressure due to unemployment, increased student loan repayment and slower real wage growth.
HEALTHCARE
Aliso Viejo-based eye care company Glaukos Corp. rose 19% to $91.76 per share for a market cap of $5.3 billion.The company yesterday reported record third-quarter sales, which rose 38% to $133.5 million, and raised its guidance to $490 million to $495 million, up from $480 million to $486 million.
INDEXES
The Nasdaq fell 1% to 23,687.63.
–Yuika Yoshida
