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Law firm investigates Hyliion over possible securities law violations after short seller report.

Market News
07 Aug 2026
GlobeNewsWire
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Bearish
Law firm investigates Hyliion over possible securities law violations after short seller report.

Johnson Fistel, PLLP is investigating Hyliion Holdings Corp. following a short report by Pelican Way Research that questioned the legitimacy of a key non-binding letter of intent (LOI) with VFG Holdings, which represented about one-third of Hyliion's reported $400 million pipeline. The report alleged that VFG Holdings lacked sufficient operational substance and funding to support the deal, raising concerns about Hyliion's disclosures. Investors who suffered losses or hold Hyliion stock are encouraged to contact Johnson Fistel as the firm examines potential federal securities law violations. This investigation could impact investor confidence and Hyliion's stock value going forward.

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UBS raises ABM Industries price target to $51.50 after strong earnings and revenue growth.

UBS raises ABM Industries price target to $51.50 after strong earnings and revenue growth.

UBS increased its price target for ABM Industries to $51.50 following the company's strong quarterly earnings and revenue growth. ABM reported a 4.2% revenue increase to $2.32 billion and a 19% rise in net income to $49.7 million, alongside strong ca...

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Chewy doubles earnings estimates with $0.36 EPS and raises sales guidance, boosting stock.

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AeroVironment preps Q3 earnings amid strong $865M defense contracts and rising profit forecasts

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AeroVironment, a leading drone maker, is set to report its Q3 earnings on September 9, 2026, with analysts expecting EPS between $0.22 and $0.25 and revenue near $452-$456 million. The company recently secured major contracts worth over $865 million ...

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Bernstein lowers Newmont's price target amid gold production decline and rising costs.

Bernstein lowers Newmont's price target amid gold production decline and rising costs.

Bernstein has reduced the price target for Newmont Corporation to $144, reflecting challenges including a 13% drop in gold production and rising costs expected to reach $1,680 per ounce in 2026. Despite these issues, Newmont's stock gained 34.5% in A...

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Barrick Mining keeps 'Outperform' rating as gold production rises 11% in Q2, trading at a 15% valuation discount.

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