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Sunday, May 17, 2026
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Midday Stock Roundup

The S&P 500 declined 0.7% in midday trading to 2,711.61.

The Dow Jones Industrial Average fell 0.8% to 24,693.94.

The Nasdaq dropped 1% to 7,338.77.

The yield on a 10-year Treasury bond jumped 2.5% to 3.07%.

The price of gold was down 2% to $1,291.

TECHNOLOGY

Alteryx Inc. (NYSE: AYX) fell 6.7% to $31.96 and a $1.94 billion market cap. The Irvine company yesterday announced it will sell $200 million of convertible senior notes due 2023 in a private offering.

Santa Ana-based Iteris Inc. (Nasdaq: ITI) rose 10.2% to $5.49 and a $181 million market cap. Volume of 805,152 was four times the daily average of the past three months. A recent report showed short traders have 10 days to cover as of April 30, double the amount of days from April 13.

San Clemente-based ReShape LifeSciences Inc. (Nasdaq: RSLS) was off $0.04 to $0.45, a loss of 8%. It’s market value is now $15.1 million, shares down 90% over the last year. The medical-device maker is seeking FDA and international-regulators’ approval of several products for weight loss. It posted a wider-then-expected 1Q loss of $11.2 million.

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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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