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Monday, Mar 16, 2026
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Midday Stock Roundup

U.S. markets continued to decline amid signs of a global slowdown.

The S&P 500 was down 1% in midday trading to 2,573.46, the Dow Jones Industrial Average dropped 1.2% to 23,823.48 and the Nasdaq fell 0.9% to 6,849.50. All three have fallen about 8% since Dec. 4.

The yield on a 10-year Treasury bond declined 0.9% to 2.87%.

The price of a barrel of crude oil fell 1.7% to $50.32.

The price of gold rose 0.6% to $1,249.

HEALTHCARE

Irvine-based Cryoport Inc. (Nasdaq: CYRX) rose 6.9% to $9.78 and a $286 million market cap. The life sciences shipping and packaging firm said it received a $25 million investment from Petrichor Healthcare Capital Management that included the purchase of $10 million worth of shares at $10 each and the funding of a $15 million note, which is convertible at $13.11.

TECHNOLOGY

Alteryx Inc. (NYSE: AYX) fell 5.8% to $60.71 and a $3.73 billion market cap. Shares of the Irvine-based software company, which develops products used for data science and analytics, have still more than doubled this year.

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Peter J. Brennan
Peter J. Brennan
With four decades of experience in journalism, Peter J. Brennan has built a career that spans diverse news topics and global coverage. From reporting on wars, narcotics trafficking, and natural disasters to analyzing business and financial markets, Peter’s work reflects a commitment to impactful storytelling. Peter’s association with the Orange County Business Journal began in 1997, where he worked until 2000 before moving to Bloomberg News. During his 15 years at Bloomberg, his reporting often influenced financial markets, with headlines and articles moving the market caps of major companies by hundreds of millions of dollars. In 2017, Peter returned to the Orange County Business Journal as Financial Editor, bringing his heavy business industry expertise. Over the years, he advanced to Executive Editor and, in 2024, was named Editor-in-Chief. Peter’s work has been featured in prestigious publications such as The New York Times and The Washington Post, and he has appeared on CNN, CBC, BBC, and Bloomberg TV. A Kiplinger Fellowship recipient at The Ohio State University, he leads the Business Journal with a dedication to uncovering stories that matter and shaping the local business community and beyond.
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