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Midday Stock Roundup: Shimmick Shares Rise After Q4 Report

Tilly's soars 49% after first profitable Q4 in three years

MANUFACTURING

Shares of Irvine-based Shimmick Corp. rose 28% to $3.58 for a market cap of $128 million (Nasdaq: SHIM). On Thursday, the builder of water infrastructure projects reported Q4 revenue of $100 million , adding that its gross margin improved from 3% to 12%. It also forecast 2026 sales of $550 million to $600 million for a midpoint of $575 million, above the average estimate of two analysts for $569 million.

RESTAURANTS

El Pollo Loco Holdings Inc. shares jumped 17% to $12.68 per share with a market cap of $380.1 million (Nasdaq: LOCO). The Costa Mesa-based fast-casual restaurant chain yesterday reported Q4 revenue of $123.5 million. It generated same-store sales growth of 2.1% in its fourth quarter, marking the first increase since 2024. 

RETAIL

Shares of Tilly’s Inc. climbed 10.6% 11% to $2.66 with a market cap of $82 million (NYSE: TLYS). The Irvine-based teen apparel retailer on March 11 reported a 5.3% increase in sales to $155.1 million in the fourth quarter ending Jan. 31, its first profitable fourth quarter in three years. Since that report was issued two days ago, the shares are up 69%.

INDEXES

Crude oil prices rose 1.2% to $96.95 amid the Middle East war.

–Joseph Pimentel

___________________________________

March 12

TECHNOLOGY
Veritone Inc. (Nasdaq: VERI) decreased 5% to $2.91 apiece with a market cap of $268 million. Shares in the AI and software company, which is based in Denver but has major operations in Irvine, are down 7.3% after the company on Tuesday announced that it’d be delaying its fourth quarter and full year earnings from March 12 to March 26.

Veritone said that the company needed more time to “finalize the Company’s accounting treatment related to certain commercial transactions that transpired in the fourth quarter of 2025.”

RETAIL

Tilly’s Inc. (Nasdaq: TLYS) soared 49% to $2.43 apiece with a $74 million market cap after yesterday reporting its first profitable fourth quarter in three years. The Irvine-based retailer reported net sales increased 5.3% to $155 million, beating one analyst’s estimate of $149 million in revenue. For more information, read here.

ELECTRIC VEHICLES

Rivian Automotive (Nasdaq: RIVN) fell 4% to $15.97 apiece for a market cap of $19.8 billion. The Irvine-based electric vehicle maker today revealed that the first edition of its new R2 mid-size vehicle, dubbed R2 Performance, will start at $57,990 with deliveries starting this spring. For more information, read here.

INDEXES

The Nasdaq was down 1.4% to 22,392.32.

Crude oil jumped 8.8% to $94.99 per barrel.

–Yuika Yoshida


March 11

FINANCE

Irvine-based loanDepot fell 11% to $1.68 apiece with a market cap of $750 million. The company, one of the nation’s largest non-bank providers of mortgages, reported a fourth-quarter loss of 10 cents per share on Tuesday, compared with the Zacks Consensus Estimate of a loss of 4 cents per share. (NYSE: LDI)

RETAIL

Tilly’s Inc. is up 4.4% to $1.65 apiece with a $50.3 million market cap. The Irvine-based retailer is set to report fiscal fourth quarter results today after the market closes. Analysts estimate a loss of approximately 15 cents per share. (Nasdaq: TLYS)

ENVIRONMENT

Shares of Clean Energy Technologies Inc. are up 6.7% to 92 cents with a market cap of about $8.3 million. On Wednesday, the Irvine firm said it is developing a modular waste-to-energy power system with METIS Power Inc. that converts waste into electricity using syngas and gas turbine technology. (Nasdaq: CETY)

INDEXES

The yield on a 10-year Treasury bond is up 1.7% to 4.2%
Gold is down 1.2% to $5176.40 an ounce.


March 10

ELECTRIC VEHICLES

Irvine-based electric vehicle maker Rivian Automotive jumped 6% to $16.85 apiece for a market cap of $21 billion after TD Cowen upgraded the stock to Buy, increasing its price target to $20 from $17 (Nasdaq: RIVN).

MORTGAGES

Irvine-based mortgage provider originator LoanDepot was up 5% to $1.93 apiece for a market cap of $861 million a day after announcing it has expanded its market presence with the launch of a new wholesale lending channel (NYSE: LDI).

Markets were calmer and the price of oil dropped after President Trump said his war against Iran is “very complete” though the timing remained uncertain.

MARKETS

The price for a barrel of oil fell 10.5% to $84.87

Gold rose 2.8% to $5,243.90.

–Kevin Costelloe


March 9

RESTAURANTS 

Costa Mesa-based Reborn Coffee Inc. jumped 12% to $1.93 apiece with a market cap of $14 million (Nasdaq: REBN). The coffee chain on Friday announced that board member Jung Jae Lim would join Jay Kim as co-chief executive; shares inched 1.2% following the news last week.  

TECHNOLOGY 

Lantronix Inc., an Irvine-based IoT and AI company, was up 7.1% to $6.05 apiece and a $241 million market cap (Nasdaq: LTRX). Shares have tripled from a 52-week low of $1.91 last April.  

RETAIL 

Shares of Boot Barn Holdings Inc. fell 6.6% to $166.35 with a $5 billion market cap (NYSE: BOOT). The Western wear retailer is down about 21% from its 52-week high of $201.25 in December.  

MARKETS/INDEXES 

Crude oil was up 4% to $94.51 a barrel; earlier, it shot up to above $100 on Monday. 

–Emily Santiago-Molina


March 6

AEROSPACE
Karman Space and Defense in Huntington Beach increased 6% to $102.93 per share for a market cap of $13.6 billion on demand for war supplies for fighting in the Middle East (NYSE: KRMN).
TECHNOLOGY 
Irvine-based electronics distributor Ingram Micro fell 17.4% to $21.77 per share for a market of $5.1 billion after pricing secondary offering at $22.25 each (NYSE: INGM).
U.S. stock markets and indexes fell on the news that the U.S. lost 92,000 jobs in February and the prolonged war in the Middle East.
INDEXES
The S&P 500 fell 1.2% to 6,747.31.
Dow 30 was down 1.3% to 47,347.97.
Nasdaq down 1.1% at 22,507.44.
MARKETS
Crude oil surged 14% to $92.33 per barrel.
Gold rose 1.4% to $5,147.80.
EMPLOYMENT
The Anaheim Transportation Network announced a permanent closure of its facility on South Anaheim Boulevard, affecting 132 people as of March 31.
                                                                                              –Kevin Costelloe

March 5

HEALTHCARE

Staar Surgical Co. (Nasdaq: STAA) fell 3.8% to $18.48 for a market cap of $912 million. The Lake Forest-based eye lens maker yesterday reported fourth quarter earnings that missed analysts’ expectations, including quarterly earnings of 4 cents—below the Zacks Consensus Estimate of 16 cents per share.

Eledon Pharmaceuticals Inc. (Nasdaq: ELDN) rose 5% to $2.63 apiece with a $209 million market cap. Shares of the Irvine-based biotechnology company yesterday announced that Chief Executive David-Alexandre Gros and Chief Scientific Officer Steven Perrin will participate at the Leerink Partners 2026 Global Healthcare Conference on March 11.

INDEXES

Gold was down 1% to $5,082.70 per ounce.

Crude oil jumped 6.2% to $79.32 on fears of supply interruptions amid conflict between the U.S., Israel and Iran. Iran today ordered a closure of the Strait of Hormuz, which approximately 20% of the world’s oil is exported through , according to Iranian media.

The yield on a 10-year Treasury bond increased 1.5% to 4.14.

–Yuika Yoshida


March 4:
HEALTHCARE
Evolus Inc. surged 23% to $5.07 a share with a market cap of $330 million. On Tuesday, the Newport Beach-based aesthetics company reported earnings per share (EPS) of 5 cents, beating analysts consensus estimate of 1 cent, according Benzinga. Still, the stock remains down 65% compared to a year ago. (Nasdaq: EOLS)
FRANCHISING
Shares of Xponential Fitness Inc. are up 17% to $5.72 with a market cap of $280 million. On Wednesday,  the largest shareholder of the Irvine-based fitness chain, Voss Capital, sent a letter to the board urging leaders to retain independent financial advisors to explore strategic alternatives including a sale of the company. (NYSE: XPOF)
TECHNOLOGY
Indie Semiconductor Inc. dropped 18% to $2.60 per share with a $578 million market cap. On Tuesday, the Aliso Viejo-based automotive solutions firm priced a private offering of $150 million in 4% convertible senior notes due 2031. (Nasdaq: INDI)
MARKETS/INDEXES
Nasdaq is up 1.4% to 22,794.

–Nancy Luna


March 3

TECHNOLOGY

Ingram Micro Holding Corporation’s stock jumped 13% to $24.18, with a market cap of $5.7 billion (Nasdaq: INGM). The Irvine-based company, which specializes in IT wholesale and distribution, yesterday reported a fourth-quarter adjusted profit of 96 cents a share as sales climbed 12% to $14.9 billion; both results topped analysts’ expectations for 90 cents a share on sales of $14.1 billion.

AUTOMOTIVE

Shares of indie Semiconductor Inc. fell 7.3% to $3.15 with a market cap of $600 million (Nasdaq: INDI). Shares of the Aliso Viejo-based automotive chipmaker are now down about 14% since it reported fiscal first quarter results on Feb. 19.

MANUFACTURING

Santa Ana-based TTM Technologies Inc. shares dropped 5.2% to $107.73 with a market cap of $11.1 billion (Nasdaq: TTMI).  Shares of the printed circuit board manufacturer, which serves aerospace and defense customers, reached their all-time high of $113.46 on Feb. 26.

MARKETS/INDEXES

Crude oil jumped 6.5% to $75.88 a barrel following the U.S. and Israel’s continued attacks on Iran.

The Nasdaq fell 1.5% to 22,452.21 while the Dow 30 and the S&P 500 were both down less than 1%.

                                                                                                       –Joseph Pimentel


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