Voyager Technologies announced a $350 million offering of convertible notes, causing its shares to fall more than 16%. The notes include capped calls to reduce dilution, which is estimated between 12-15%, though the share price decline exceeds this. The company aims to grow by expanding its Space Solutions, Starlab, and defense segments, requiring significant upfront investment and accepting near-term negative cash flows. The updated price target is $61.50, reflecting higher sales estimates and a balanced valuation approach.
Voyager Technologies experienced a 16% share selloff following its convertible notes offering. For readers following the Industrials sector, here is Pluang's market snapshot as of Sep 24, 2026 19:21 WIB: Among 93 priced US Industrials stocks, 20 rose and 67 fell. Notable movers include RKLB at USD 69.20 with an 86% sell order activity, MOD at USD 190.20, and GEV at USD 937.57 with a 97% sell order activity, all showing declines around 1.5%.
Gold and silver prices fell modestly as rising oil prices, strong US economic data, and expectations of further Fed rate hikes outweighed safe-haven demand from US-Iran tensions. Spot gold dropped 0.48% to around $4,265 an ounce, while silver fell 1....
A federal disclosure reveals that President Trump purchased shares of SpaceX shortly after its 2026 IPO and sold some a week later. The trades were small relative to SpaceX's massive market value, but the president's ownership raises concerns about p...
Apple is showing a slight pullback after forming a potential double top pattern near its recent high, with value buyers likely to step in if prices dip. Microsoft remains range-bound below a key resistance at $518, with a breakout needed to resume it...
The 10-year US Treasury yield has reached a resistance level at 5%, its highest since 2007, signaling a potential ceiling for further increases. This yield pressure affects borrowing costs and various financial sectors, including mortgages and corpor...
Aehr Test Systems projects significant revenue growth of 160% to 200% year-over-year for fiscal year 2027, driven by strong demand for AI and data center testing equipment and a large backlog of orders. Management forecasts revenue between $130 milli...
