NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Zynex, Inc. (“Zynex” or the “Company”) (OTC: ZYXIQ) between February 25, 2021 and December 15, 2025, inclusive.
Should You Join The Zynex Class Action Litigation?
Do you, or did you, own shares of Zynex, Inc. (OTC: ZYXIQ)?
Did you purchase your shares between February 25, 2021 and December 15, 2025, inclusive?
Did you lose money in your investment in Zynex, Inc.?
What To Do Next:
If you purchased or acquired Zynex securities, and/or would like to discuss your legal rights and options please visit Zynex, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected].
If you wish to serve as lead plaintiff for the Class, you must file papers by April 21, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About The Lawsuit:
According to the lawsuit, Defendants made misrepresentations concerning the Company’s reported revenue stemming from its participation in a fraudulent overbilling scheme between 2018 and 2023.
About Bernstein Liebhard:
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years.
New York, New York--(Newsfile Corp. - April 16, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zynex, Inc. (OTC Pink: ZYXIQ) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities between February 25, 2021 and December 15, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ZYXIQ.
Zynex Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that:
(1) Zynex shipped products, including electrodes, in excess of need;
(2) as a result of this practice, the Company inflated its revenue;
(3) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare;
(4) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023;
(5) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations;
(6) the Company was not committed to maintaining a strong internal control environment;
(7) the Company's order growth was a result of illegal overbilling;
(8) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and
(9) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Zynex Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ZYXIQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zynex you have until April 21, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Zynex Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Zynex Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292495
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Zynex To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Zynex between February 25, 2021 and December 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
, /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Zynex, Inc. ("Zynex" or the "Company") (OTCPK: ZYXIQ) and reminds investors of the April 21, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
James (Josh) Wilson, Faruqi & Faruqi Senior Partner (PRNewsfoto/Faruqi & Faruqi, LLP) Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (a) Zynex shipped products, including electrodes, in excess of need; (b) as a result of this practice, the Company inflated its revenue; (c) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare; (d) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023; (e) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment; (g) the Company's order growth was a result of illegal overbilling; (h) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (i) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On March 11, 2025, after the market closed, Zynex reported its fourth quarter and full year 2024 financial results, revealing a significant revenue "shortfall" in the quarter "due to slower than normal payments from certain payers." Zynex further revealed "Tricare has temporarily suspended payments as they review prior claims." Tricare is the health insurance program for the U.S. military, and Zynex's largest customer, accounting for 20-25% of revenue.
On this news, Zynex's stock price fell $3.59 per share, or 51.3%, to close at $3.41 per share on March 12, 2025, on unusually heavy trading volume.
Then, on July 31, 2025, the full extent of Defendants' misdeeds were revealed when the Company acknowledged that it had not been in compliance with industry regulations. Also that day, the Company remarked on the "transformational" leadership change during the quarter with the appointment of new Chief Executive Officer ("CEO") Steven Dyson ("Dyson") to replace Sandgaard, and the announced departure of the Company's Chief Financial Officer ("CFO") Daniel Moorhead ("Moorhead"). The Company also temporarily suspended revenue and profitability guidance.
On August 1, 2025, the stock fell from the previous day's $2.23 per share to $1.26 per share, a 45% decline in heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Zynex's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Zynex class action, go to www.faruqilaw.com/ZYXIQ or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Zynex, Inc. (OTC PINK: ZYXIQ).
Shareholders who purchased shares of ZYXIQ during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: February 25, 2021 to December 15, 2025
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) Zynex shipped products, including electrodes, in excess of need; (b) as a result of this practice, the Company inflated its revenue; (c) the Company’s practice of filing false claims drew scrutiny from insurers, including the health insurance program, Tricare; (d) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and seeking more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023; (e) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment; (g) the Company’s order growth was a result of illegal overbilling; (h) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (i) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The audit committee defendants, acting knowingly or with reckless disregard of the underlying fraud, helped the insiders bolster the Company’s stock price through stock repurchase plans, and even by buying back millions of dollars worth of stock directly from Sandgaard, indicating their supposed belief that the stock was undervalued.
DEADLINE: April 21, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/zynex-inc-loss-submission-form-2/?id=185563&from=3
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ZYXIQ during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 21, 2026. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903
NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zynex, Inc. (OTCMKTS: ZYXIQ) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities between February 25, 2021 and December 15, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/ZYXIQ.
Zynex Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that:
(1) Zynex shipped products, including electrodes, in excess of need;
(2) as a result of this practice, the Company inflated its revenue;
(3) the Company’s practice of filing false claims drew scrutiny from insurers, including Tricare;
(4) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023;
(5) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment;
(6) the Company’s order growth was a result of illegal overbilling;
(7) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and
(8) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Zynex Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/ZYXIQ. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zynex you have until April 21, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Zynex Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Zynex Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - April 17, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zynex, Inc. (OTC Pink: ZYXIQ) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities between February 25, 2021 and December 15, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ZYXIQ.
Zynex Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that:
(1) Zynex shipped products, including electrodes, in excess of need;
(2) as a result of this practice, the Company inflated its revenue;
(3) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare;
(4) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023;
(5) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations;
(6) the Company was not committed to maintaining a strong internal control environment;
(7) the Company's order growth was a result of illegal overbilling;
(8) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and
(9) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Zynex Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ZYXIQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zynex you have until April 21, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Zynex Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Zynex Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Attorney advertising.
Prior results do not guarantee similar outcomes.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/292497
Source: Bronstein, Gewirtz & Grossman, LLC
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Zynex To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Zynex between February 25, 2021 and December 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
[You may also click here for additional information]
New York, New York--(Newsfile Corp. - April 19, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Zynex, Inc. ("Zynex" or the "Company") (OTC Pink: ZYXIQ) and reminds investors of the April 21, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (a) Zynex shipped products, including electrodes, in excess of need; (b) as a result of this practice, the Company inflated its revenue; (c) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare; (d) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023; (e) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment; (g) the Company's order growth was a result of illegal overbilling; (h) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (i) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On March 11, 2025, after the market closed, Zynex reported its fourth quarter and full year 2024 financial results, revealing a significant revenue "shortfall" in the quarter "due to slower than normal payments from certain payers." Zynex further revealed "Tricare has temporarily suspended payments as they review prior claims." Tricare is the health insurance program for the U.S. military, and Zynex's largest customer, accounting for 20-25% of revenue.
On this news, Zynex's stock price fell $3.59 per share, or 51.3%, to close at $3.41 per share on March 12, 2025, on unusually heavy trading volume.
Then, on July 31, 2025, the full extent of Defendants' misdeeds were revealed when the Company acknowledged that it had not been in compliance with industry regulations. Also that day, the Company remarked on the "transformational" leadership change during the quarter with the appointment of new Chief Executive Officer ("CEO") Steven Dyson ("Dyson") to replace Sandgaard, and the announced departure of the Company's Chief Financial Officer ("CFO") Daniel Moorhead ("Moorhead"). The Company also temporarily suspended revenue and profitability guidance.
On August 1, 2025, the stock fell from the previous day's $2.23 per share to $1.26 per share, a 45% decline in heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Zynex's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Zynex class action, go to www.faruqilaw.com/ZYXIQ or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Follow us for updates on LinkedIn, on X, or on Facebook.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293119
Source: Faruqi & Faruqi LLP
Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.
NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zynex, Inc. (OTCMKTS: ZYXIQ) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities between February 25, 2021 and December 15, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/ZYXIQ.
Zynex Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that:
(1) Zynex shipped products, including electrodes, in excess of need;
(2) as a result of this practice, the Company inflated its revenue;
(3) the Company’s practice of filing false claims drew scrutiny from insurers, including Tricare;
(4) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023;
(5) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment;
(6) the Company’s order growth was a result of illegal overbilling;
(7) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and
(8) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Zynex Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/ZYXIQ. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zynex you have until April 21, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Zynex Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Zynex Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
Follow us for updates on LinkedIn, X, Facebook, or Instagram.
Contact Info
Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]
Attorney advertising.
Prior results do not guarantee similar outcomes.
New York, New York--(Newsfile Corp. - April 20, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Zynex, Inc. (OTC Pink: ZYXIQ) and certain of its officers.
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Zynex securities between February 25, 2021 and December 15, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ZYXIQ.
Zynex Case Details
The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, the Complaint alleges that Defendants failed to disclose to investors that:
(1) Zynex shipped products, including electrodes, in excess of need;
(2) as a result of this practice, the Company inflated its revenue;
(3) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare;
(4) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023;
(5) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations;
(6) the Company was not committed to maintaining a strong internal control environment;
(7) the Company's order growth was a result of illegal overbilling;
(8) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and
(9) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
What's Next for Zynex Investors?
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ZYXIQ, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Zynex you have until April 21, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.
No Cost to Zynex Investors
We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman, LLC for Zynex Securities Class Action?
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com
"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.
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NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Zynex, Inc. ("Zynex, Inc." or the "Company") (OTC PINK: ZYXIQ) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Zynex, Inc. investors who were adversely affected by alleged securities fraud between February 25, 2021 and December 15, 2025. Follow the link below to get more information and be contacted by a member of our team:
ZYXIQ investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (a) Zynex shipped products, including electrodes, in excess of need; (b) as a result of this practice, the Company inflated its revenue; (c) the Company’s practice of filing false claims drew scrutiny from insurers, including the health insurance program, Tricare; (d) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and seeking more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023; (e) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment; (g) the Company’s order growth was a result of illegal overbilling; (h) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (i) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. The audit committee defendants, acting knowingly or with reckless disregard of the underlying fraud, helped the insiders bolster the Company’s stock price through stock repurchase plans, and even by buying back millions of dollars worth of stock directly from Sandgaard, indicating their supposed belief that the stock was undervalued.
WHAT'S NEXT? If you suffered a loss in Zynex, Inc. during the relevant time frame, you have until April 21, 2026 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004 [email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Zynex To Contact Him Directly To Discuss Their Options
If you purchased or acquired securities in Zynex between February 25, 2021 and December 15, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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New York, New York--(Newsfile Corp. - April 21, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Zynex, Inc. ("Zynex" or the "Company") (OTC Pink: ZYXIQ) and reminds investors of the April 21, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.
As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (a) Zynex shipped products, including electrodes, in excess of need; (b) as a result of this practice, the Company inflated its revenue; (c) the Company's practice of filing false claims drew scrutiny from insurers, including Tricare; (d) on August 21, 2023, Travelers commenced an action against Zynex, Sandgaard, Lucsok and Fox in the Superior Court of California alleging that Zynex and the defendants had embarked on a fraudulent overbilling scheme and sought more than $23 million in damages and civil penalties relating to hundreds of fraudulent claims between 2018 and 2023; (e) management had prioritized aggressive sales strategies to drive orders over compliance with industry laws, rules and regulations; (f) the Company was not committed to maintaining a strong internal control environment; (g) the Company's order growth was a result of illegal overbilling; (h) as a result, it was reasonably likely that Zynex would face adverse consequences, including removal from insurer networks and penalties from the federal government; and (i) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On March 11, 2025, after the market closed, Zynex reported its fourth quarter and full year 2024 financial results, revealing a significant revenue "shortfall" in the quarter "due to slower than normal payments from certain payers." Zynex further revealed "Tricare has temporarily suspended payments as they review prior claims." Tricare is the health insurance program for the U.S. military, and Zynex's largest customer, accounting for 20-25% of revenue.
On this news, Zynex's stock price fell $3.59 per share, or 51.3%, to close at $3.41 per share on March 12, 2025, on unusually heavy trading volume.
Then, on July 31, 2025, the full extent of Defendants' misdeeds were revealed when the Company acknowledged that it had not been in compliance with industry regulations. Also that day, the Company remarked on the "transformational" leadership change during the quarter with the appointment of new Chief Executive Officer ("CEO") Steven Dyson ("Dyson") to replace Sandgaard, and the announced departure of the Company's Chief Financial Officer ("CFO") Daniel Moorhead ("Moorhead"). The Company also temporarily suspended revenue and profitability guidance.
On August 1, 2025, the stock fell from the previous day's $2.23 per share to $1.26 per share, a 45% decline in heavy trading volume.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Zynex's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
To learn more about the Zynex class action, go to www.faruqilaw.com/ZYXIQ or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293665
Source: Faruqi & Faruqi LLP
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Is Steel Dynamics (STLD) Overvalued After Q1 2026? EPS $2.78 vs $2.82 Est. (Miss); Revenue $5.20B vs $5.10B Est. (Beat) -- GF Score 91/100, 57.0% Overvalued Record steel shipments and margin expansion; aluminum ramp progresses; dividend lifted
On April 21, 2026, Steel Dynamics Inc STLD released its 8-K filing detailing first quarter 2026 results. The company reported net sales of $5.2 billion and net income attributable to the company of $403 million, or $2.78 per diluted share, for the quarter ended March 31, 2026 (press release dated April 20, 2026). Steel Dynamics Inc (STLD) operates as a domestic steel producer and metal recycler in the United States, with segments spanning steel operations, metals recycling, steel fabrication, and aluminum operations. Its primary revenues currently derive from the manufacture and sale of steel products, processing and sale of recycled ferrous and nonferrous metals, and fabrication and sale of steel joists and deck products.
Quarter Snapshot and Business Context First quarter diluted EPS was $2.78, below the $2.82 estimate. First quarter revenue was $5.20 billion, above the $5.10 billion estimate.
Results improved markedly versus recent periods. Diluted EPS was $2.78 in Q1 2026. Diluted EPS was $1.82 in Q4 2025. Diluted EPS was $1.44 in Q1 2025. Net sales were $5.20 billion in Q1 2026. Net sales were $4.41 billion in Q4 2025. Net sales were $4.37 billion in Q1 2025.
“The teams executed well, delivering a strong first quarter 2026 performance across all of our platforms, with operating income increasing $228 million, or 73 percent.”“Underlying steel demand strengthened during the first quarter 2026, as customer orders rebounded and backlogs increased across our steel and steel fabrication operations.”Performance Drivers and Challenges Record steel shipments of 3.6 million tons and higher average selling prices drove broad-based improvement. Steel operations operating income was $557 million, up 73% sequentially, supported by metal spread expansion as selling prices rose more than scrap costs. The average external product selling price increased $86 sequentially to $1,193 per ton. The average ferrous scrap cost per ton melted increased $22 sequentially to $396 per ton.
Metals recycling operating income increased 155% sequentially to $47 million on higher ferrous and nonferrous values, though shipments were modestly lower due to winter weather effects on scrap flows. Steel fabrication operating income was $90 million, steady sequentially, as higher shipments were offset by spread compression from increased raw material inputs. A notable headwind was the aluminum platform’s startup losses: aluminum operations posted a $65 million operating loss, $17 million higher than Q4 2025, as commissioning and initial ramp incurred higher costs and an inventory write-off early in the quarter. Management reported improved execution as the quarter progressed, while shipments of aluminum flat rolled finished product increased to 22,500 metric tons from 14,600 metric tons in Q4 2025.
“The aluminum team is continuing with the successful commissioning and startup of our Columbus, Mississippi aluminum flat rolled products mill.”Financial Highlights and Key Metrics Operating income was $538 million, up from $310 million in Q4 2025 and $275 million in Q1 2025, reflecting stronger steel pricing and record volumes. Adjusted EBITDA was $700 million, underscoring cash generation capacity in a rising price environment for flat-rolled steel. The company cited a three-year after-tax return-on-invested capital of 13%, reinforcing capital efficiency and discipline amid expansion.
Cash flow from operations was $148 million, reflecting a $120 million annual companywide retirement profit-sharing distribution and a $413 million working capital build as pricing and demand improved and aluminum ramped. Liquidity remained strong at $2.0 billion as of March 31, 2026. The quarterly cash dividend was increased by six percent to $0.53 per share, continuing a record of shareholder returns alongside $115 million of share repurchases during the quarter.
Metric Q1 2026 Q4 2025 Q1 2025 Net sales $5,204,858,000 $4,414,048,000 $4,369,195,000 Operating income $538,004,000 $310,230,000 $275,144,000 Net income attributable to Steel Dynamics Inc $403,436,000 $266,033,000 $217,151,000 Diluted EPS $2.78 $1.82 $1.44 Cash flow from operations $148,316,000 n/a $152,603,000 Adjusted EBITDA $700,000,000 n/a n/a Record steel shipments 3.6 million tons n/a n/aIncome Statement, Balance Sheet, and Cash Flow Details Income statement: Gross profit was $763 million. Gross profit was $529 million in Q4 2025. Gross profit was $487 million in Q1 2025. Interest expense rose to $33 million from $27 million in Q4 2025 and $12 million in Q1 2025. The dividend per share increased to $0.53 from $0.50 in both Q1 2025 and Q4 2025.
Balance sheet: Total assets were $16.72 billion as of March 31, 2026. Total assets were $16.42 billion as of December 31, 2025. Cash and equivalents were $557 million, compared with $770 million at year-end. Accounts receivable increased to $2.06 billion from $1.68 billion. Inventories increased to $3.91 billion from $3.74 billion. Long-term debt was $4.18 billion, essentially unchanged from $4.18 billion. Total equity rose to $8.99 billion from $8.79 billion.
Cash flow: Net cash provided by operating activities was $148 million, modestly below $153 million in Q1 2025. Capital expenditures were $138 million. Dividends paid were $72 million. Share repurchases were $115 million. Net cash used in financing activities was $223 million, reflecting modest net debt paydown, dividends, and buybacks.
Why It Matters for Steel Dynamics Inc STLD and the Industry For a steel producer, record shipments combined with metal spread expansion are central to earnings resilience. The improvement in flat-rolled pricing and extended lead times signal healthier end-market demand and capacity utilization. Segment breadth—steelmaking, recycling, fabrication, and now aluminum—helps balance cyclicality and can stabilize margins when one area experiences pressure.
The aluminum startup is strategically significant but currently dilutive. Early-stage commissioning tends to be cost-intensive, which can weigh on consolidated margins, cash conversion, and reported earnings until volumes and yields normalize. Higher interest expense year over year indicates a rising cost of capital backdrop, which increases the importance of disciplined working capital management and high-return projects.
Analysis Steel Dynamics Inc STLD outpaced revenue expectations on stronger pricing and volumes, while EPS modestly trailed consensus due to mix, commissioning costs, and higher interest expense. Sequential momentum was pronounced across steelmaking and recycling, with fabrication holding steady and a growing order backlog. The increase in working capital and aluminum ramp costs constrained near-term cash flow, but liquidity remained robust at $2.0 billion.
Key operating metrics such as record shipments, higher realized prices, and expanded value-added flat-rolled margins support the quality of the quarter’s uplift. The aluminum platform adds a meaningful adjacent growth avenue, although near-term losses from commissioning are a tangible headwind. Overall, diversified exposure and cost-efficient EAF-based operations continue to underpin returns, evidenced by the reported three-year after-tax ROIC of 13%.
GuruFocus Valuation Check Based on GuruFocus data, the stock appears overvalued relative to its GF Value. The GF Value is $143.59, while the current price is $225.47, implying the shares trade about 57.0% above the estimated fair value.
The GF Score is 91/100, which is categorized as strong and reflects a favorable composite of fundamentals and momentum. Profitability ranks at 9/10, indicating robust margin and return characteristics for the business. Growth ranks at 8/10, suggesting solid expansion potential supported by the company’s diversified platform. Financial Strength is 7/10, pointing to a generally healthy balance sheet and cash generation profile. Predictability is 3 stars, implying moderate consistency in operating performance. The Moat Score of 5/10 suggests a mid-level competitive advantage within a cyclical, capital-intensive industry.
Insider Activity shows no insider transactions in the last three months, which provides no incremental bullish or cautionary signal at this time. For a deeper dive, visit the Steel Dynamics Inc stock page on GuruFocus.
Explore the complete 8-K earnings release (here) from Steel Dynamics Inc for further details.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On April 21, 2026, Steel Dynamics Inc STLD shares rose 5.2% today, bringing the current price to $220.21. The stock has experienced significant price movement over the past year, with a 52-week range between $112.72 and $225.84.
GF Value™ verdict: Current price is $220.21 compared to a GF Value™ of $143.59, indicating the stock is 53.4% overvalued.GF Score™ of 91/100, suggesting a strong overall performance relative to its peers.Most notable signal: Momentum Rank of 10/10, indicating strong upward price movement. Is STLD Overvalued or Undervalued? Steel Dynamics Inc STLD is currently trading at $220.21, which is significantly above its GF Value™ of $143.59. This represents a 53.4% overvaluation, suggesting that investors may be paying a premium for the stock relative to its intrinsic value. The GF Valuation label indicates that STLD is significantly overvalued, which poses a risk to potential investors. If the stock price were to revert to its GF Value™, a substantial decline may occur, resulting in potential losses for those purchasing at these elevated levels.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current price relative to GF Value™, there is a notable margin of safety for those considering a position in STLD, as the stock may not sustain its current valuation levels in the long term.
How Does STLD's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 27.5x 8.9x (5-Year Median) Forward P/E 16.3x - The current P/E (TTM) of 27.5x is 209% above its 5-year median P/E of 8.9x, indicating that STLD is trading at a significantly higher multiple than its historical average. The forward P/E of 16.3x also suggests that the market has high expectations for future earnings growth. This P/E analysis aligns with the GF Value™ verdict, confirming that STLD is overvalued based on its historical valuation metrics.
What Does STLD's GF Score™ Tell Us? Metric Rating GF Score™ 91 Financial Strength 7/10 Profitability 9/10 Growth 8/10 Valuation 5/10 Momentum 10/10 The GF Score™ of 91/100 indicates that STLD performs well across multiple dimensions. The strongest areas are Profitability (9/10) and Momentum (10/10), reflecting the company’s robust earnings and significant price appreciation. However, the Valuation rank of 5/10 highlights that while the stock may have strong operational metrics, its current price does not reflect a favorable valuation relative to its historical context.
What Are Insiders Doing with STLD Stock? There have been no insider transactions in the last three months, indicating that company executives and insiders are not currently buying or selling shares. This lack of activity may suggest a neutral sentiment among insiders regarding the stock's current valuation, or it may indicate a wait-and-see approach concerning the stock's future performance.
What This Means for Investors Based on the analysis of GF Value™, Steel Dynamics Inc STLD is considered overvalued at its current price of $220.21. Investors may need to exercise caution, as the significant premium over intrinsic value could lead to price corrections in the future.
For the complete analysis, visit the Steel Dynamics Inc STLD stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is STLD's GF Score™?
STLD has a GF Score™ of 91/100, indicating a strong overall performance relative to its peers and suggesting potential for higher long-term returns.
Is STLD overvalued or undervalued?
STLD is currently overvalued based on its GF Value™ of $143.59, which suggests that the stock price is significantly higher than its intrinsic value.
What is STLD's P/E ratio?
STLD's P/E (TTM) is 27.5x, which is significantly above its 5-year median of 8.9x, indicating that the stock is trading at a much higher valuation than its historical average.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
AGP Franklin LLC acquired a new stake in shares of Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,048 shares of the basic materials company’s stock, valued at approximately $1,025,000.
Several other hedge funds also recently bought and sold shares of STLD. Cornerstone Planning Group LLC increased its stake in Steel Dynamics by 1,636.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 191 shares of the basic materials company’s stock worth $27,000 after buying an additional 180 shares during the period. Sound Income Strategies LLC raised its stake in shares of Steel Dynamics by 1,500.0% during the fourth quarter. Sound Income Strategies LLC now owns 160 shares of the basic materials company’s stock valued at $28,000 after acquiring an additional 150 shares in the last quarter. Covestor Ltd boosted its holdings in shares of Steel Dynamics by 44.3% in the third quarter. Covestor Ltd now owns 303 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 93 shares during the period. Nvest Wealth Strategies Inc. purchased a new stake in shares of Steel Dynamics in the fourth quarter valued at approximately $42,000. Finally, CNB Bank bought a new position in Steel Dynamics in the third quarter worth approximately $43,000. Institutional investors own 82.41% of the company’s stock.
Analyst Upgrades and Downgrades A number of brokerages have weighed in on STLD. Morgan Stanley reaffirmed an “underperform” rating and set a $190.00 target price on shares of Steel Dynamics in a research report on Tuesday, March 17th. BMO Capital Markets raised their price target on Steel Dynamics from $195.00 to $240.00 and gave the company an “outperform” rating in a research note on Wednesday. Wells Fargo & Company lifted their price objective on Steel Dynamics from $207.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday. Wall Street Zen raised shares of Steel Dynamics from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Steel Dynamics in a report on Monday, December 29th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $210.33.
Read Our Latest Research Report on Steel Dynamics
Steel Dynamics Stock Down 1.1% Shares of NASDAQ STLD opened at $225.05 on Friday. The company has a current ratio of 3.13, a quick ratio of 1.29 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $32.57 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 0.58 and a beta of 1.39. The stock’s fifty day simple moving average is $187.15 and its two-hundred day simple moving average is $173.92. Steel Dynamics, Inc. has a 12-month low of $119.89 and a 12-month high of $229.00.
Steel Dynamics (NASDAQ:STLD – Get Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The basic materials company reported $2.78 EPS for the quarter, missing the consensus estimate of $2.79 by ($0.01). The company had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.39 billion. Steel Dynamics had a return on equity of 15.54% and a net margin of 7.22%.The company’s revenue was up 19.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.44 earnings per share. As a group, analysts expect that Steel Dynamics, Inc. will post 14.41 EPS for the current fiscal year.
Steel Dynamics Increases Dividend The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were issued a $0.53 dividend. This is a boost from Steel Dynamics’s previous quarterly dividend of $0.50. This represents a $2.12 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, March 31st. Steel Dynamics’s dividend payout ratio is presently 22.67%.
Steel Dynamics News Roundup Here are the key news stories impacting Steel Dynamics this week:
Positive Sentiment: Q1 operational strength — management reported record steel shipments, rising Q1 profit and a positive outlook that helped the name hit all-time highs. Steel Dynamics surges to all-time high Positive Sentiment: Multiple analyst upgrades/price-target raises — Citi, BMO, KeyCorp, Wells Fargo and others raised targets and reiterated buy/overweight ratings, providing fresh buy-side momentum. Analyst price target coverage (Benzinga) Positive Sentiment: Strong quantitative score — the stock was noted as joining an elite group with a 95-plus composite rating, which can attract momentum and quant funds. Composite rating article Neutral Sentiment: Context on tariffs and sector divergence — domestic tariffs lifted demand industrywide, but peers showed varied earnings outcomes, underscoring company-specific drivers matter. Tariffs and earnings comparison Neutral Sentiment: Analyst disagreement/coverage notes — some outlets highlight mixed analyst views on materials names including STLD, so differing price targets reflect forecast variability. Analysts conflicted (Globe & Mail) Neutral Sentiment: Earnings-call transparency — the full Q1 transcript provides nuance (record shipments but some aluminum-related drag and other details investors are parsing). Q1 earnings call transcript Negative Sentiment: Small execution/earnings miss — revenue came in below consensus and EPS missed by a cent, plus management flagged aluminum drag; these factors likely pressured the stock despite upgrades. Q1 highlights / earnings write-up About Steel Dynamics (Free Report)
Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.
The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.
Further Reading Five stocks we like better than Steel Dynamics Want to see what other hedge funds are holding STLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Steel Dynamics, Inc. (NASDAQ:STLD – Free Report).
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Steel Dynamics (STLD +1.44%) kicked off earnings season in the steel sector with a bang. The company reported record shipments, driven by high mill utilization rates. Investors took note and drove shares higher.
As of early Friday trading, Steel Dynamics (SDI) stock had jumped 10.6% this week, according to data provided by S&P Global Market Intelligence. That's quite a move for a stodgy steel stock.
Image source: Getty Images.
Momentum in steel SDI's record shipments led to an 84% increase in net income compared with last year. CEO Mark Millett noted, "The improvement in earnings was driven by record steel shipments combined with higher steel prices." Demand remains strong even amid strong pricing. Yet not every steel company is taking advantage of this environment.
Cleveland-Cliffs also reported earnings this week, but its CEO, Lourenco Goncalves, said that his company faced unfavorable pricing due to lags from contract business, and high energy prices also impacted the quarter.
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Another big domestic player will report earnings next week. Nucor should mirror SDI's view on demand, pricing, and the strength of its order book. Those trends are supported by steel trade actions, manufacturing growth, and infrastructure initiatives. If Nucor instead highlights headwinds, investors can expect even more capital to flow into SDI stock.
Howard Smith has positions in Nucor and has the following options: short June 2026 $200 calls on Nucor, short May 2026 $190 calls on Nucor, and short May 2026 $230 calls on Nucor. The Motley Fool recommends Steel Dynamics. The Motley Fool has a disclosure policy.
AEGON ASSET MANAGEMENT UK Plc increased its stake in Steel Dynamics, Inc. (NASDAQ:STLD – Free Report) by 3.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 279,893 shares of the basic materials company’s stock after purchasing an additional 10,358 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned approximately 0.19% of Steel Dynamics worth $47,415,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of the stock. Cornerstone Planning Group LLC lifted its position in Steel Dynamics by 1,636.4% in the 3rd quarter. Cornerstone Planning Group LLC now owns 191 shares of the basic materials company’s stock worth $27,000 after buying an additional 180 shares during the last quarter. Sound Income Strategies LLC lifted its position in Steel Dynamics by 1,500.0% in the 4th quarter. Sound Income Strategies LLC now owns 160 shares of the basic materials company’s stock worth $28,000 after buying an additional 150 shares during the last quarter. Covestor Ltd lifted its position in Steel Dynamics by 44.3% in the 3rd quarter. Covestor Ltd now owns 303 shares of the basic materials company’s stock worth $42,000 after buying an additional 93 shares during the last quarter. Nvest Wealth Strategies Inc. bought a new stake in Steel Dynamics in the 4th quarter worth approximately $42,000. Finally, CNB Bank bought a new stake in Steel Dynamics in the 3rd quarter worth approximately $43,000. 82.41% of the stock is currently owned by institutional investors.
Steel Dynamics Stock Performance Shares of STLD stock opened at $226.79 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.29 and a current ratio of 3.13. Steel Dynamics, Inc. has a fifty-two week low of $119.89 and a fifty-two week high of $229.00. The stock has a 50 day moving average price of $187.85 and a two-hundred day moving average price of $174.73. The company has a market capitalization of $32.82 billion, a P/E ratio of 24.26, a PEG ratio of 0.57 and a beta of 1.39.
Steel Dynamics (NASDAQ:STLD – Get Free Report) last announced its quarterly earnings data on Wednesday, April 22nd. The basic materials company reported $2.78 earnings per share for the quarter, missing the consensus estimate of $2.79 by ($0.01). Steel Dynamics had a net margin of 7.22% and a return on equity of 15.54%. The company had revenue of $5.20 billion during the quarter, compared to the consensus estimate of $5.39 billion. During the same quarter in the previous year, the firm posted $1.44 EPS. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. Analysts expect that Steel Dynamics, Inc. will post 14.35 earnings per share for the current year.
Steel Dynamics Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Tuesday, March 31st were given a $0.53 dividend. The ex-dividend date was Tuesday, March 31st. This is an increase from Steel Dynamics’s previous quarterly dividend of $0.50. This represents a $2.12 annualized dividend and a yield of 0.9%. Steel Dynamics’s dividend payout ratio is presently 22.67%.
Analyst Ratings Changes STLD has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Steel Dynamics in a research report on Monday, December 29th. Citigroup boosted their target price on Steel Dynamics from $180.00 to $255.00 and gave the stock a “buy” rating in a research report on Wednesday. Wells Fargo & Company boosted their target price on Steel Dynamics from $207.00 to $235.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wall Street Zen upgraded Steel Dynamics from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, BMO Capital Markets boosted their target price on Steel Dynamics from $195.00 to $240.00 and gave the stock an “outperform” rating in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $210.33.
Read Our Latest Research Report on Steel Dynamics
Trending Headlines about Steel Dynamics Here are the key news stories impacting Steel Dynamics this week:
Positive Sentiment: Analysts lifted price targets and reiterated bullish views, supporting upside expectations — Citi raised its target to $255, KeyCorp to $241, BMO and Wells Fargo issued supportive notes. These upgrades increase buy-side conviction and likely helped buying interest. Citigroup Raises Steel Dynamics (NASDAQ:STLD) Price Target to $255.00 KeyCorp Raises Steel Dynamics (NASDAQ:STLD) Price Target to $241.00 BMO Capital Markets Forecasts Strong Price Appreciation for Steel Dynamics (NASDAQ:STLD) Stock Wells Fargo Raises Steel Dynamics (STLD) Price Target to $207, Stays Bullish on Steel Positive Sentiment: Strong Q1 results and management commentary — outlets report record shipments, rising Q1 profit and a positive outlook that analysts are rewarding; this fundamental beat/guide-up dynamic is a direct catalyst for buying. Steel Dynamics surges to all-time high on rising Q1 profit, positive outlook Steel Dynamics Inc (STLD) Q1 2026 Earnings Call Highlights: Record Shipments and Robust … Positive Sentiment: Market recognition and momentum — coverage notes STLD joining an “elite” list with a 95+ composite rating and commentary (e.g., The Motley Fool) highlighting why the stock has spiked, reinforcing momentum trading. Steel Dynamics joins elite list of stocks with 95-plus composite rating Here’s Why Steel Dynamics Stock Spiked This Week and How That Could Continue Neutral Sentiment: Short-interest data is anomalous/zero in the latest report (shows 0 shares / 0 days), which appears to be a reporting artifact rather than a market driver — not meaningful until clarified by exchanges or the data provider. Neutral Sentiment: Macro/sector context: coverage on tariffs and how domestic steel demand is reshaping winners and losers provides background but is not a firm-specific catalyst today. Tariffs Rose: 1 Steelmaker Thrived, 1 Still Struggles Negative Sentiment: Insider selling by senior executives — SVP Miguel Alvarez sold 4,825 shares (~$1.09M) and Director Kenneth Cornew sold 5,000 shares (~$1.12M) last week; while often routine, these disclosures can introduce short-term selling pressure or concern for some investors. Miguel Alvarez Form 4 Kenneth W. Cornew Form 4 Insider Activity at Steel Dynamics In other Steel Dynamics news, SVP Miguel Alvarez sold 4,825 shares of the business’s stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $225.58, for a total value of $1,088,423.50. Following the completion of the sale, the senior vice president owned 122,257 shares in the company, valued at approximately $27,578,734.06. The trade was a 3.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kenneth W. Cornew sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, April 23rd. The shares were sold at an average price of $224.87, for a total value of $1,124,350.00. Following the transaction, the director owned 31,299 shares of the company’s stock, valued at approximately $7,038,206.13. This represents a 13.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 6.60% of the company’s stock.
Steel Dynamics Company Profile (Free Report)
Steel Dynamics, Inc is a U.S.-based, diversified steel producer and metals recycler that operates an integrated network of mini-mills, finishing lines and fabrication facilities. Founded in 1993 and headquartered in Fort Wayne, Indiana, the company manufactures a broad range of steel products and provides downstream processing, coating and fabrication services to industrial customers. Its operations combine steelmaking using electric-arc furnaces with extensive metals recycling capabilities, allowing Steel Dynamics to convert scrap ferrous and nonferrous materials into finished steel products.
The company’s product portfolio includes flat-rolled steel (coiled and sheet products), structural steel and fabricated components, along with coated and painted steel used in consumer, industrial and construction applications.
See Also Five stocks we like better than Steel Dynamics Want to see what other hedge funds are holding STLD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Steel Dynamics, Inc. (NASDAQ:STLD – Free Report).
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Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced that the company's board of directors declared a second quarter cash dividend of $0.53 per common share. The dividend is payable to shareholders of record at the close of business on June 30, 2026 and is payable on or about July 10, 2026.
About Steel Dynamics, Inc.
Steel Dynamics is a leading industrial metals solutions company, with facilities located throughout the United States, and in Mexico. The company operates using a circular manufacturing model, producing lower-carbon-emission, quality products with recycled scrap as the primary input. Steel Dynamics is one of the largest domestic steel producers and metal recyclers in North America, combined with a meaningful downstream steel fabrication platform. The company has also recently added aluminum operations, further diversifying its product offerings to supply aluminum flat rolled products with higher recycled content to the countercyclical sustainable beverage can industry, in addition to the automotive and industrial sectors. Steel Dynamics is committed to operating with the highest integrity and to being the safest, most efficient producer of high-quality, broadly diversified, value-added metal products.
As per the recent news, Digi Power X, on Friday, announced the upsizing of its at-the-market offering program.
Cramer recommended buying Steel Dynamics (NASDAQ:STLD), saying it is a “great” company.
Lending support to his choice, Steel Dynamics, on April 20, reported better-than-expected first-quarter sales results.
On the earnings front, ASML, on April 15, reported its first-quarter results ahead of expectations and raised its guidance for 2026.
Bloom Energy Corporation (NYSE:BE) is a buy, Cramer said.
Supporting his view, Bloom Energy reported better-than-expected first-quarter financial results on April 28 and raised its FY26 guidance above estimates.
Cramer said he likes Amphenol (NYSE:APH). “I think you got a good one. It's actually come down a little. I thought it was never going to come in,” he added.
Amphenol, on April 29, reported better-than-expected first-quarter financial results and issued second-quarter adjusted EPS guidance above estimates.
Price Action:
Digi Power X shares gained 7.1% to settle at $6.63 on Friday. Steel Dynamics shares rose 0.9% to close at $235.10. Amphenol shares fell 6.3% to settle at $128.03 during the session. ASML shares jumped 5% to close at $1,592.02. Bloom Energy shares gained 0.9% to settle at $261.03 on Friday. Photo via Shutterstock
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Stock to Watch: Steel Dynamics (STLD - Free Report) Based in Fort Wayne, IN, Steel Dynamics, Inc. is among the leading steel producers and metal recyclers in the United States. It is one of the most diversified steel companies in United States with a vast range of specialty products. The company makes and markets steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally.
STLD is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Basic Materials stock. STLD has a Momentum Style Score of A, and shares are up 19.2% over the past four weeks.
For fiscal 2026, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.53 to $14.77 per share. STLD boasts an average earnings surprise of +1.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, STLD should be on investors' short list.
It has been about a month since the last earnings report for Steel Dynamics (STLD - Free Report) . Shares have added about 1.4% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Steel Dynamics due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important drivers.
Steel Dynamics’ Q1 Earnings Miss, Revenues Top EstimatesSteel Dynamics reported first-quarter 2026 earnings of $2.78 per share, up from $1.44 in the year-ago quarter. The bottom line missed the Zacks Consensus Estimate of $2.79.
Net sales in the first quarter were up around 19.1% year over year to $5,204.9 million. The metric surpassed the Zacks Consensus Estimate of $5,098.6 million.
Segment HighlightsNet sales for steel operations were $3,539 million in the reported quarter, up around 15.4% year over year. The company registered steel shipments of roughly 3.64 million tons in the quarter, topping the consensus estimate of 3.54 million tons.
Steel operations reported an average external product selling price of $1,193 per ton, up from $998 in the year-ago quarter and from $1,107 in the previous quarter. The figure beat the consensus estimate of $1,160 per ton.
Net sales of Metal’s recycling operations were $593 million in the quarter under review, up around 11% from the year-ago quarter. Steel Dynamics registered ferrous shipments of around 1.47 million gross tons in the quarter, up roughly 1.44% year over year. The figure outpaced the consensus of 1.46 million gross tons.
The company's steel fabrication operations reported sales of around $355 million, up roughly 1% year over year. Steel Dynamics recorded steel fabrication shipments of 143,442 tons in the quarter, up around 5.8% year over year. The figure missed the consensus estimate of 148,000 tons.
Financial PositionSteel Dynamics ended the quarter with cash and cash equivalents of $556.5 million, down around 54% year over year. Long-term debt was $4,178.7 million, up roughly 10.6%.
The company generated cash flow from operations of $148.3 million in the reported quarter, down around 3.1% year over year.
OutlookThe company remains optimistic that domestic steel and aluminum demand will stay strong through 2026 and beyond, supported by improving customer sentiment, higher order activity and better pricing, along with growing demand for low-carbon, domestically produced materials. It highlighted steady progress in commissioning key aluminum facilities, with the third cold mill expected to be commissioned by the third quarter of 2026. The company also emphasized that its growth strategy is centered on sustainability, operational efficiency and expanding into high-recycled-content aluminum to capture rising demand across packaging, automotive and industrial markets, supporting long-term value creation.
How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in estimates revision.
VGM ScoresCurrently, Steel Dynamics has a average Growth Score of C, however its Momentum Score is doing a bit better with a B. Charting a somewhat similar path, the stock was allocated a score of C on the value side, putting it in the middle 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.
OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Steel Dynamics has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
On May 22, 2026, Steel Dynamics Inc STLD shares rose 3.6% to a current price of $240.03. Over the past month, shares have risen by 5.5%, while year-to-date performance shows an impressive gain of 42.1%. The stock has traded between $119.89 and $243.73 over the past 52 weeks.
GF Value™ verdict: Current price is $240.03 vs GF Value™ of $152.34, indicating a 57.6% overvaluation.GF Score™: 89/100, suggesting a strong overall performance.Most notable signal: Insider activity shows that insiders sold $4.9M worth of shares in the last three months, with no buying reported. Is STLD Overvalued or Undervalued? Based on the GF Value™, Steel Dynamics Inc STLD is currently significantly overvalued, with a market price of $240.03 compared to its GF Value™ of $152.34. This represents a substantial margin of safety that potential investors may want to consider before making any decisions. The GF Valuation label indicates that the stock is not only overvalued but also carries a higher risk of price correction in the near term.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the current price, investors should be cautious as the stock may not provide the same value if the market adjusts to align more closely with the GF Value™ estimate.
How Does STLD's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 25.7x 8.9x (5-Year Median) Forward P/E 16.1x - The current P/E (TTM) of 25.7x is 189% above its 5-year median of 8.9x, indicating that STLD is trading at a significantly higher valuation compared to its historical averages. This analysis aligns with the GF Value™ verdict, reinforcing the view that the stock is overvalued at its current price level.
What Does STLD's GF Score™ Tell Us? Metric Rating GF Score™ 89/100 Financial Strength 7/10 Profitability 9/10 Growth 9/10 Valuation 3/10 Momentum 9/10 The GF Score™ of 89/100 reflects a strong overall performance for Steel Dynamics Inc. The highest ratings in Profitability and Growth (both 9/10) indicate robust financial health and the potential for future earnings growth. However, the low Valuation rank of 3/10 signals that despite strong operational metrics, the stock is currently overvalued, which could be a concern for long-term investors.
What Are Insiders Doing with STLD Stock? Recent insider activity reveals that insiders sold $4.9M worth of shares in the last three months, with no recorded buying during this period. This pattern of selling might suggest that those with the most intimate knowledge of the company’s operations do not anticipate further upside in the stock price in the near term, which could be a red flag for potential investors.
What This Means for Investors In conclusion, Steel Dynamics Inc STLD appears to be overvalued based on its GF Value™ of $152.34 compared to the current market price of $240.03. The significant overvaluation, coupled with insider selling, indicates a potential risk for investors looking to enter or hold this stock at its current levels.
For the complete analysis, visit the Steel Dynamics Inc STLD stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is STLD's GF Score™?
STLD has a GF Score™ of 89/100, indicating a strong overall performance and potential for higher long-term returns.
Is STLD overvalued or undervalued?
STLD is considered overvalued with a current price of $240.03 compared to a GF Value™ of $152.34, suggesting a significant risk of price correction.
What is STLD's P/E ratio?
STLD's P/E (TTM) is 25.7x, which is significantly above its 5-year median of 8.9x, reinforcing its overvalued status.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On May 27, 2026, Steel Dynamics Inc STLD shares rose 3.0%, bringing the current price to $258.22. The stock has experienced a remarkable performance over the past year, climbing from a 52-week low of $119.89 to nearly its 52-week high of $259.91.
GF Value™ verdict: Current price is $258.22, which is 69.0% above the GF Value™ of $152.83. GF Score™: 88/100, indicating a strong overall performance. Most notable signal: Insiders sold $4.9M in the last 3 months, indicating potential caution. Is STLD Overvalued or Undervalued? Steel Dynamics Inc is currently trading at $258.22, which represents a significant premium over its GF Value™ of $152.83. This 69.0% overvaluation suggests that the stock may not provide an adequate margin of safety for potential investors. The GF Valuation label indicates that STLD is significantly overvalued at this price point, raising concerns about the sustainability of its current valuation levels. Investors should consider the risks associated with buying into a stock that is priced so far above its intrinsic value.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. With the current price significantly exceeding the GF Value™, investors may want to exercise caution as the stock could be vulnerable to corrections if market conditions change or if company performance does not meet elevated expectations.
How Does STLD's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 27.6x 8.9x Forward P/E 17.1x N/A The current P/E (TTM) of 27.6x is 211% above its 5-year median P/E of 8.9x. This analysis indicates that STLD is trading significantly above its historical valuation metrics, which aligns with the GF Value™ verdict that it is overvalued. The elevated P/E ratio further supports the notion that the stock price may not be sustainable at its current level.
What Does STLD's GF Score™ Tell Us? Metric Rating GF Score™ 88 Financial Strength 7/10 Profitability 9/10 Growth 9/10 Valuation 3/10 Momentum 9/10 The GF Score™ of 88/100 suggests that Steel Dynamics Inc has strong potential for long-term returns. The company excels in Profitability (9/10) and Growth (9/10), indicating robust operational performance and growth prospects. However, the Valuation score of 3/10 highlights the significant concern regarding its current overvaluation, signaling that while STLD may be fundamentally strong in terms of growth and profitability, its price does not reflect this strength appropriately.
What Are Insiders Doing with STLD Stock? Recent insider activity for Steel Dynamics Inc indicates that insiders have sold a total of $4.9 million in shares over the last three months, with no reported buying. This pattern of selling may suggest that insiders lack confidence in the current valuation levels or anticipate future challenges for the company. Such selling could be a signal to potential investors to proceed with caution.
What This Means for Investors Based on the current assessment, Steel Dynamics Inc STLD is overvalued, with its price significantly exceeding the GF Value™. Prospective investors should carefully consider this valuation perspective, as the elevated price may not be sustainable without corresponding growth or performance improvements.
For the complete analysis, visit the Steel Dynamics Inc STLD stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is STLD's GF Score™?
STLD's GF Score™ is 88/100, indicating a strong overall performance and potential for long-term returns.
Is STLD overvalued or undervalued?
STLD is currently overvalued, with its market price exceeding the GF Value™ by 69.0%.
What is STLD's P/E ratio?
STLD's P/E (TTM) is 27.6x, which is significantly above its 5-year median P/E of 8.9x, reinforcing the notion that the stock is overvalued.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
On June 02, 2026, Steel Dynamics Inc STLD shares rose 3.8% to a current price of $271.41. Over the past year, the stock has experienced significant growth, with a 102.7% increase. The stock has ranged from a 52-week low of $119.89 to a high of $273.55.
GF Value™ verdict: STLD is currently priced at $271.41, which is 76.8% above its GF Value™ of $153.51.GF Score™ of 88/100 indicates a strong performance relative to its peers.Notable signal: Insiders have sold $4.9 million worth of stock in the last three months, with no buying activity reported. Is STLD Overvalued or Undervalued? Steel Dynamics Inc's current price of $271.41 significantly exceeds its GF Value™ of $153.51, suggesting that the stock is overvalued by approximately 76.8%. This substantial overvaluation indicates a lack of margin of safety for potential investors. The GF Valuation label categorizes STLD as significantly overvalued, highlighting the risks associated with investing at such elevated price levels. Should the market correct itself or if earnings do not meet optimistic projections, the stock could face downward pressure.
GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates. Given the disconnect between the current stock price and the intrinsic value estimate, caution is warranted for those considering entering into a position in STLD.
How Does STLD's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 29.0x 8.9x Forward P/E 18.0x N/A The current P/E (TTM) of 29.0x is significantly above its 5-year median P/E of 8.9x, indicating that the stock is trading at a much higher valuation than its historical average. Furthermore, the current P/E is 227% above its 5-year median, which aligns with the GF Value™ verdict of being overvalued. This analysis reinforces the caution surrounding STLD's present valuation level.
What Does STLD's GF Score™ Tell Us? Metric Rating GF Score™ 88/100 Financial Strength 7/10 Profitability 9/10 Growth 9/10 Valuation 3/10 Momentum 9/10 Steel Dynamics Inc's GF Score™ of 88/100 reflects a strong overall performance, particularly in the areas of Profitability (9/10), Growth (9/10), and Momentum (9/10). However, the Valuation rank of 3/10 indicates a significant concern regarding the stock's current price relative to its intrinsic value, highlighting that while the company may be performing well operationally, its stock price is not justified by its fundamentals.
What Are Insiders Doing with STLD Stock? In recent months, insiders at Steel Dynamics have sold a total of $4.9 million in stock, with no reported buying activity. This trend of selling may suggest a lack of confidence among insiders regarding the stock's current price level or future performance. Such actions can be interpreted as a potential warning sign for outside investors, especially in light of the stock's significant overvaluation as indicated by the GF Value™ assessment.
What This Means for Investors Based on the GF Value™ assessment, Steel Dynamics Inc STLD is deemed overvalued at its current price of $271.41, which is significantly above the estimated fair value of $153.51. This situation calls for caution, as the likelihood of a price correction exists if earnings do not meet market expectations or if broader market conditions change.
For the complete analysis, visit the Steel Dynamics Inc STLD stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.
Frequently Asked Questions What is STLD's GF Score™?
STLD has a GF Score™ of 88/100, indicating a strong performance relative to its peers and suggesting the potential for higher long-term returns.
Is STLD overvalued or undervalued?
STLD is considered overvalued, with a current price of $271.41 that is 76.8% above its GF Value™ of $153.51.
What is STLD's P/E ratio?
STLD's P/E (TTM) is currently 29.0x, which is significantly above its historical 5-year median P/E of 8.9x, indicating a high valuation relative to its past performance.
This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Steel Dynamics (STLD - Free Report) closed at $275.13 in the latest trading session, marking a +1.37% move from the prior day. The stock's performance was ahead of the S&P 500's daily loss of 0.74%. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 0.89%.
The steel producer and metals recycler's shares have seen an increase of 14.3% over the last month, surpassing the Basic Materials sector's gain of 5.01% and the S&P 500's gain of 5.39%.
Analysts and investors alike will be keeping a close eye on the performance of Steel Dynamics in its upcoming earnings disclosure. On that day, Steel Dynamics is projected to report earnings of $4.14 per share, which would represent year-over-year growth of 105.97%. Our most recent consensus estimate is calling for quarterly revenue of $5.5 billion, up 20.55% from the year-ago period.
STLD's full-year Zacks Consensus Estimates are calling for earnings of $14.77 per share and revenue of $21.4 billion. These results would represent year-over-year changes of +84.86% and +17.73%, respectively.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Steel Dynamics. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. At present, Steel Dynamics boasts a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Steel Dynamics has a Forward P/E ratio of 18.37 right now. This expresses a premium compared to the average Forward P/E of 16.02 of its industry.
It's also important to note that STLD currently trades at a PEG ratio of 0.58. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Steel - Producers industry stood at 0.58 at the close of the market yesterday.
The Steel - Producers industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 77, this industry ranks in the top 32% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Steel Dynamics (STLD - Free Report) .
Steel Dynamics currently has an average brokerage recommendation (ABR) of 1.67, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 12 brokerage firms. An ABR of 1.67 approximates between Strong Buy and Buy.
Of the 12 recommendations that derive the current ABR, eight are Strong Buy, representing 66.7% of all recommendations.
Brokerage Recommendation Trends for STLD
Check price target & stock forecast for Steel Dynamics here>>>
The ABR suggests buying Steel Dynamics, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.
In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.
Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.
ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
Is STLD Worth Investing In?In terms of earnings estimate revisions for Steel Dynamics, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $14.77.
Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Steel Dynamics. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Steel Dynamics.
Investors interested in stocks from the Steel - Producers sector have probably already heard of Usinas Siderurgicas de Minas Gerais SA (USNZY) and Steel Dynamics (STLD). But which of these two stocks is more attractive to value investors?
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.
Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.
It also includes access to the Zacks Style Scores.
What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.
Growth ScoreGrowth investors are more concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, the Growth Style Score analyzes characteristics like projected and historic earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +24% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Steel Dynamics (STLD - Free Report) Based in Fort Wayne, IN, Steel Dynamics, Inc. is among the leading steel producers and metal recyclers in the United States. It is one of the most diversified steel companies in United States with a vast range of specialty products. The company makes and markets steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally.
STLD is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Momentum investors should take note of this Basic Materials stock. STLD has a Momentum Style Score of A, and shares are up 19.1% over the past four weeks.
For fiscal 2026, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.70 to $15.32 per share. STLD boasts an average earnings surprise of +1.6%.
With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, STLD should be on investors' short list.
NEW YORK, June 03, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for May 2026 on its Investor Relations website. A data sheet showing this information can be found at: https://ir.nasdaq.com/financials/volume-statistics.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Media Relations Contact:
David Lurie
+1.914.538.0533 [email protected]
Investor Relations Contact:
Ato Garrett
+1.212.401.8737 [email protected]
On June 4, 2026 at the traditional online webinar of listed companies' executives with investors, hosted by Nasdaq Vilnius, Vytautas Sinius, CEO of Artea Bank will provide information on bank`s strategy, operation, financial outlook and future perspectives.
Please find enclosed the information to be delivered during the presentation.
On 4 June 2026, AB Akola Group participated in the virtual investor event “CEO Meets Investors”, organized by Nasdaq Vilnius for listed companies. During the event, Akola Group’s Deputy CEO for Finance and Investments, Mažvydas Šileika, presented the Group’s business performance, financial results, and outlook.
The recording of the webinar (in Lithuanian) is available on Nasdaq’s YouTube account: https://www.youtube.com/watch?v=2sm__FhMydQ
Link to the presentation demonstrated at the webinar: https://www.akolagroup.lt/wp-content/uploads/2026/06/260604_Nasdaq_CEO_meets_investors_M.Sileika_final.pdf
For more information:
Mažvydas Šileika
Deputy CEO for Finance and Investments of AB Akola Group
E-mail [email protected]
Mob. +370 619 19 403
VALENCIA, Spain, June 05, 2026 (GLOBE NEWSWIRE) -- Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems, today announced that it has received formal confirmation from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1).
The confirmation follows Nasdaq’s review of the Company’s Form 6-K filed on June 3, 2026, which reflected a significant strengthening of Turbo Energy’s financial position. Based on that filing, Nasdaq determined that the Company now satisfies the minimum stockholders’ equity requirement of $2.5 million for continued listing on The Nasdaq Capital Market.
The milestone reflects the successful execution of a series of strategic financial initiatives undertaken during 2026. Through a combination of a Registered Direct Offering ("RDO") and issuances under its at-the-market (“ATM”) program, Turbo Energy raised approximately $5.0 million in aggregate gross proceeds, strengthening shareholders’ equity and reinforcing the Company’s balance sheet. Shareholders' equity increased from approximately $1.88 million as of December 31, 2025, to approximately $6.48 million as reflected in the Company's Form 6-K filed on June 3, positioning the Company above Nasdaq’s minimum stockholders’ equity requirement.
Nasdaq’s confirmation follows a period of substantial operational and strategic progress for Turbo Energy. During fiscal year 2025, the Company reported revenue growth of 107% year-over-year, while significantly improving operating performance and advancing its transformation into a technology integrator AI-driven energy infrastructure platform that integrates solar energy storage, software-defined energy management, and commercial and industrial ("C&I") energy solutions.
Over the past eighteen months, Turbo Energy has expanded its international footprint through multiple strategic initiatives, including the deployment of large-scale industrial energy storage projects, expansion across Latin America, strategic technology partnerships, and the continued development of its proprietary AI-driven energy optimization platform.
“Nasdaq’s confirmation represents an important milestone for Turbo Energy and validates the actions we have taken to strengthen our financial position and support the next phase of our growth strategy. Over the last year, we have delivered substantial revenue growth, expanded internationally and continued evolving our business toward higher-value AI-driven energy infrastructure solutions. With a stronger balance sheet and increasing commercial momentum, we remain focused on executing our strategy and creating long-term value for shareholders,” said Mariano Soria, Chief Executive Officer of Turbo Energy.
About Turbo Energy, S.A.
Founded in 2013, Turbo Energy, S.A. (Nasdaq: TURB) is a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems. Turbo Energy’s technology platform enables residential, commercial and industrial customers to reduce energy costs, improve efficiency, enhance resilience and transform energy consumption into a controllable and optimized asset. As part of Umbrella Global Energy, Turbo Energy plays a central role as the Group’s technology platform, driving innovation in energy storage, electrification and intelligent energy management across international markets in Europe, North America and Latin America. For more information, please visit www.turbo-e.com.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual report under the heading "Risk Factors" as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
For more information, please contact:
Turbo Energy | Investor Relations
Email: [email protected]
Phone: +34 960 450 026
Key Takeaways Buy beaten-down non-AI tech stocks as Wall Street finally starts selling semiconductor and AI stocks.Uber is more popular than ever. Investors should buy the stock for value, growth, and 40% upside.NFLX has fallen 40%. Now is a great time to buy a proven big tech giant whose growth isn't tied to AI. AI and chip stocks tanked on Friday, sending the Nasdaq tumbling 4%. The bulls could dig their heels in again early next week. But there’s no doubt that a larger pullback will happen at some point to provide a healthy recalibration because stocks can only climb so high before the laws of market gravity take over.
This means investors should start buying tech stocks right now that haven’t rallied to new all-time highs alongside semiconductor and artificial intelligence stocks.
Netflix stock is down almost 40% from its 2025 highs to trade at a discount to the technology sector (22X forward earnings vs. 26.1X) despite crushing it over the last 10 and 20 years. The streaming entertainment giant is more resilient to AI threats than many technology firms, and Netflix is set to grow its earnings by 42% in 2026 on 14% higher sales.
Meanwhile, Uber has fallen 30% since October, and its average Zacks price target offers 48% upside from its current levels. The ride-hailing company’s long-term upside remains in place even as it faces possible disruptions from tech firms looking to capture their share of a possible future full of robotaxis and autonomous delivery vehicles.
Image Source: Zacks Investment Research
Uber and Netflix are also looking to find support at some key technical ranges that might make them more enticing for long-term investors since they offer strong growth that’s not based on AI promises alongside solid value in an overheated market.
Portfolio Rotation: Buy Stocks Outside AI and SemiconductorsAI and chip stocks look overheated in the short run. For example, the iShares Semiconductor ETF (SOXX - Free Report) soared 95% between March 30 and June 4, taking it miles above its 10-week moving average and to its most overbought RSI levels in over a decade.
Some investors might not want to chase AI and chip stocks that have soared 50%, 100%, or 200% YTD (including the huge fall on Friday).
Image Source: Zacks Investment Research
The next pullback to a key technical level might be scooped up rather quickly considering that the long-term AI outlook is bullish. It is just hard to try to chase stocks here, especially if Friday’s selling triggers the start of a near-term selloff.
Thankfully, the long-term bull case for the stock market remains firmly intact. Total annual S&P 500 earnings are projected to grow 20% in 2026 on 9.3% higher sales, blowing away 2024 and 2025’s growth rates. The benchmark is projected to follow this up with 16.7% EPS expansion next year and 15.2% higher in 2028.
Image Source: Zacks Investment Research
More importantly, all 16 Zacks sectors are projected to report YoY earnings growth in 2026, highlighting impressive expansion and economic resilience despite fears.
Buy Tech Stock Uber Now for Value, Growth & 40% UpsideUber Technologies, Inc.’s (UBER - Free Report) core ride-hailing and delivery businesses are more popular than ever, particularly among higher-income consumers who are less impacted by inflation and economic cycles. The company is also running a physical business that’s not going to be disrupted by AI. Uber is poised to thrive in the potential driverless vehicle era through numerous partnerships and beyond.
Uber’s gross bookings are projected to jump 21% in 2026, based on our Zacks Key Company Metrics data. Its monthly active platform customers (MAPCs) are projected to climb 9% to 219.9 million in 2026, up from 202 million last year, 171 million in 2024 (vs. 118 million in 2021).
Image Source: Zacks Investment Research
The firm has exploded in popularity as it delivery business and ride-hailing units gain steam in the U.S. and globally. It grew its revenue 300% from the pre-Covid 2019 period’s $13 billion to $52 billion in 2025. Looking ahead, Uber is projected to grow its revenue by 11% in 2026 and over 15% next year to $66.6 billion.
The firm’s Uber One paid membership surpassed 50 million members globally in the first quarter of 2026, with “50% of Mobility and Delivery Gross Bookings now generated by members.” Uber is expanding its business via deals with Expedia to capture more “everyday consumer intent” across mobility, local commerce, and travel.
Image Source: Zacks Investment Research
It has also turned into a profitable company by taking a larger percentage of each ride/delivery fare while optimizing pricing and driver payments, alongside other profitability efforts. Uber posted GAAP earnings per share of $4.73 a share in FY25 vs. a loss of -$4.69 a share in 2022.
That said, its EPS growth is projected to take a hit in 2026 due to a ramp-up in investments across autonomous vehicles/robotaxis, international delivery expansion, AI efforts, and a key accounting change due to a business model change in the UK. Thankfully, it’s projected to bounce back and return to YoY growth in FY27 and beyond.
Image Source: Zacks Investment Research
Uber stock has dropped 30% from its October 2025 highs. The stock has climbed 70% since going public in May 2019. It is trying to hold its ground at the key technical range above, while trying to finally climb back above its 21-week moving average.
Uber is trading 95% below its highs and 22% below Tech at 20.2X forward earnings. It also trades at a 65% discount to Tech and 60% against its peaks at 2.4X forward sales. Uber’s average Zacks price target offers 48% upside from its current $70.71 a share.
NFLX: Buy This Tech Stock Now and Hold Forever?Netflix, Inc. (NFLX - Free Report) stock has fallen ~40% from its summer 2025 highs, providing investors with a great chance to buy a proven tech giant that's growth isn’t tied to lofty AI goals.
Plus, NFLX’s at-home entertainment model isn’t easily disrupted by AI, and it’s one of the last small luxuries that people cut back on.
Image Source: Zacks Investment Research
NFLX stock has skyrocketed ~20,700% in the past 20 years and 750% in the past decade, to blow away tech during both periods.
Yet, its recent fall, coupled with its strong earnings growth outlook, has it trading at a 60% discount to its highs and 15% below Tech at 22.0X forward 12-month earnings. Netflix is trading at some of its most oversold RSI levels in the last 10 years and attempting to hold its ground at a key 2024 breakout range.
NFLX’s average Zacks price target marks 42% upside from its current levels, and it would have to jump nearly 65% to return to its all-time highs.
Image Source: Zacks Investment Research
Netflix’s balance sheet is strong, greatly expanding its shareholders' equity in the past five-plus years. It is also now churning out strong free cash flow growth, boosted by its ability to raise prices, streamline operations, and more. And it isn’t caught up in the AI arms race that’s starting to drain the Mag 7’s cash reserves.
NFLX formally dropped out of the bidding war to buy Warner Bros. Discovery. The move will turn out to be a win in the long run since it preserved its core business model and balance sheet. Netflix said it crossed the 325 million paid memberships milestone in the final quarter of 2025, up from 302 million in 2024.
Image Source: Zacks Investment Research
The streaming TV giant Netflix rolled out a lower-cost, ad-supported subscription plan in the fall of 2022. The ad-based tier has gained a ton of momentum since then, helping it compete in a highly competitive streaming marketplace.
On top of that, Netflix's expansion into live sports (deals with the NFL, WWE, and much more), reality TV, podcasts, and more has helped it retain and attract subscribers. It is even rolling out video game content.
Image Source: Zacks Investment Research
The company is projected to grow its revenue by 14% in 2026 and 12% next year to reach $57.47 billion. This YoY growth is roughly in line with its 12.7% average sales expansion in the trailing five years.
NFLX is projected to grow its earnings by 42% in 2026 and 7% in FY27, following 28% growth last year and 65% in 2024.
STOKHOLM, SE / ACCESS Newswire / June 8, 2026 / Storytel AB (publ) (STO:STORY B) - Storytel AB (publ) (the "Company") announced on 3 June 2026 that Nasdaq Stockholm's Listing Committee had approved the application for admission to trading of the Company's shares on Nasdaq Stockholm. Today, 8 June 2026, trading in the Company's B shares on Nasdaq Stockholm's Main Market commences.
"The listing on Nasdaq Stockholm's Main Market marks the beginning of a new chapter for Storytel Group. It provides us with the best conditions to continue leading the future of storytelling and creating long-term value for all our book lovers, authors and shareholders ", says Bodil Eriksson Torp, CEO of Storytel Group.
The Company's B shares are traded in the Mid Cap segment under the existing ticker (STORY B) and the unchanged ISIN code (SE0007439443). No offering or issuance of new shares is being made in connection with the change of marketplace to Nasdaq Stockholm and shareholders of the Company are not required to undertake any actions in connection with the listing transfer.
Prospectus
A prospectus has been prepared in connection with the admission to trading of the Company's B shares on Nasdaq Stockholm. The document is available for download on the Company's website (www.storytelgroup.com/en/investor-relations/prospectuses-and-company-descriptions/) and the Swedish Financial Supervisory Authority's (Sw. Finansinspektionen) website (www.fi.se/sv/vara-register/prospektregistret/).
For more information, please contact:
Stefan Wård, CFO & IR, Storytel Group
Tel: +46 73 182 01 43
Email: [email protected]
Malin Lindborn, Head of Communications, Storytel Group
Tel: +46 735 33 17 70
Email: [email protected]
About Storytel Group
We are a storytelling company. Driven by our purpose - "Leading the future of storytelling, we move the world through stories" - Storytel Group inspires and entertains people around the world by blending innovation with tradition. We bring stories to life across various formats for everyone to discover. Anytime. Anywhere.
Storytel Group leads by operating through its two primary business areas: Streaming and Publishing. The Streaming division provides one of the world's most extensive digital libraries, with over 1.8 million audiobook and e-book titles available in 55 languages. This service reaches more than 2.7 million subscribers through the Group's prominent brands, including Storytel, Mofibo, and Audiobooks.com. The Publishing business area produces high-quality content from acclaimed authors across a wide range of genres through renowned publishing houses such as Norstedts Publishing Group, Lind & Co, People's, Gummerus, Bokfabriken, Overamstel Publishers, and Storyside. Storytel Group is headquartered in Stockholm, Sweden. Please visit www.storytelgroup.com for more information.
Image Attachments
Storytel Nasdaq
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Trading in Storytel's B shares on Nasdaq Stockholm's Main Market commences
NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading is halted in JIADE LIMITED (Nasdaq: JDZG) for additional information requested from the company. Nasdaq halted JDZG at 17:15:41 on June 4, 2026; the last closing price of the company’s Class A ordinary shares was $50.
Trading will remain halted until JIADE LIMITED has fully satisfied Nasdaq’s request for additional information.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
The Nasdaq Economic Institute will serve as a dedicated platform for original research, expert analysis, and convenings of market participants, policymakers, and regulators on the most critical issues shaping the financial ecosystemThe Institute releases its inaugural AI research series, with the first report highlighting how generative AI is lowering barriers to entry for entrepreneurs, accelerating new business formation and enabling more entrepreneurship NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the launch of the Nasdaq Economic Institute, a new research platform designed to help policymakers, regulators, and market participants better understand the dynamics shaping capital markets and the broader financial ecosystem.
As its first major initiative, the Institute is launching a new research series focused on how AI is transforming the foundations of the global economy and markets. The first report in this series explores how generative AI is lowering barriers to entry for entrepreneurship and driving an increase in new business formation. The analysis shows that the recent rise in business creation is being driven almost entirely by solo entrepreneurs, as advances in generative AI and agentic tools enable individuals to build and scale businesses with significantly fewer resources. This shift is particularly pronounced in sectors with higher AI adoption, which are also the sectors that have seen the strongest productivity gains in the last 20 years, pointing to a new wave of more productive, technology-enabled companies entering the market.
The Economic Institute
With a client community spanning 10,000+ corporates, 5,000+ institutional investors, and 3,800+ financial institutions — and technology infrastructure embedded across 140+ markets and regulators worldwide, Nasdaq is uniquely positioned to produce research that connects ground-level market data to broader economic trends.
"Better markets are built on better insights,” said Jeremy Skule, Executive Vice President and Chief Strategy Officer at Nasdaq. "At a time when economies, technologies and capital flows are evolving at unprecedented speed, the need for rigorous, independent and data driven economic research has never been greater. Nasdaq has always been at the intersection of technology, innovation and capital formation, and we are expanding that commitment by helping define and shape the conversations of the future."
In addition to exploring the impact of emerging technologies on the economy, the Institute will publish research across three core areas critical to the health and evolution of capital markets. These areas include:
Capital Formation: Exploring trends and solutions that enable companies to access public markets efficiently and sustainably.Market Modernization: Advancing dialogue on technology-driven transformation and regulatory frameworks that enhance the liquidity, transparency, and integrity of markets globally.Financial Resiliency: Providing insights to bolster the financial system’s risk architecture amid dynamic global conditions and evolving paradigms. “The financial ecosystem is growing more complex, more interconnected, and more consequential by the day. Through the Nasdaq Economic Institute, we have an opportunity to produce the kind of original, data-grounded research that cuts through that complexity, and I’m honored to lead that mission on behalf of Nasdaq and the broader financial community,” said Phil Mackintosh, Senior Vice President, Nasdaq Chief Economist.
Beyond research, the Institute will serve as a convening platform that brings together market participants, policymakers, regulators, and academic experts to examine the shifts reshaping the global financial ecosystem. Through roundtables, forums, and strategic dialogues, the Institute will facilitate informed discussion on topics such as access to public markets, the modernization of market infrastructure, and the evolving role of regulation in maintaining transparent, efficient, and resilient markets. These convenings are intended not only to surface insights, but to foster greater alignment across stakeholders navigating increasingly complex and interconnected systems.
For more research from the Nasdaq Economic Institute, visit https://www.nasdaq.com/economic-institute. For ongoing market analysis from Phil Mackintosh, Nasdaq's Chief Economist, subscribe to his newsletter The Print, formerly, Market Makers.
The Institute’s AI Research Series: The Rise in Business Formation
Coinciding with the Institute's launch is the debut of its AI research series. The first report in the series focuses on the profound impact of artificial intelligence on business formation. The research reveals that since early 2025, new business applications have accelerated, aligning closely with the rapid improvement in generative AI and agentic coding tools.
Key findings from the first report include:
Entrepreneurship is rising with advances in generative AI and introduction of agentic tools. New business applications have accelerated sharply since early 2025, with the timing aligning closely with advances in generative AI and the introduction of agentic AI tools.The increase is almost exclusively driven by one-person businesses. Applications from businesses likely to hire employees are largely flat. This increase is coming from sole proprietors, freelancers, and independent contractors.These solo businesses are forming in the most historically productive sectors in the economy. Tech, finance, and professional services — the sectors with the highest AI adoption — have averaged 2.2% annual productivity growth since 2005, far above the rest of the economy, making new business formation clustering in these sectors a strong signal for long-run productivity. "What's striking isn't just that entrepreneurship is increasing — it's who's driving it and where," said Phil Mackintosh, Chief Economist at Nasdaq. "These are solo operators, and they're forming in the sectors that have consistently delivered the strongest productivity growth. That combination is a meaningful signal for where AI's economic impact may show up first."
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to (i) projections relating to our future financial results, total shareholder returns, growth, dividend program, trading volumes, products and services, ability to transition to new business models, taxes and achievement of synergy targets, (ii) statements about the closing or implementation dates and benefits of certain acquisitions, divestitures and other strategic, restructuring, technology, de-leveraging and capital allocation initiatives, (iii) statements about our integrations of our recent acquisitions, (iv) statements relating to any litigation or regulatory or government investigation or action to which we are or could become a party, and (v) other statements that are not historical facts. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, geopolitical instability, government and industry regulation, interest rate risk, and U.S. and global competition. Further information on these and other factors are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q, which are available on Nasdaq’s investor relations website at https://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Relations Contact
Chris Hayden
+1.301.523.5829 [email protected]
, /PRNewswire/ -- Brookwood Financial Partners, LLC ("Brookwood"), a U.S.-based private equity real estate investment firm, today celebrates that Yesway, a company Brookwood sponsored, founded, capitalized, and helped build, became a publicly traded company listed on The Nasdaq Global Select Market on April 21, 2026. Yesway's common shares are trading under the ticker symbol "YSWY."
Brookwood Financial LLC celebrates Yesway’s public listing on Nasdaq. The milestone represents a significant achievement for Brookwood and underscores the firm's differentiated approach to private equity investing. Brookwood is among a select group of private equity firms in the United States to have conceived, sponsored, and scaled a major consumer retail platform from within its private equity platform. Brookwood established Yesway in 2015 with the objective of building a scaled, best-in-class convenience store platform serving communities across the Midwest and Southwest. What began as a Brookwood-sponsored investment thesis evolved into a large, integrated retail operating company through a disciplined combination of strategic acquisitions, new-store development, operational investment, brand building, and customer-focused execution.
Since its founding in 1993, Brookwood has invested more than $1.8 billion on behalf of its investors, which include some of the world's most sophisticated investors, including sovereign wealth funds, global banks, endowments, pension plans, and ultra-high-net-worth individuals. The firm's investment portfolio has included more than $4.9 billion in total assets across commercial real estate, real estate-related operating businesses, and, through its Yesway affiliate, a national convenience store platform.
Brookwood's investment in Yesway exemplifies the firm's hands-on, thesis-driven investment philosophy. Brookwood identifies overlooked or fragmented sectors where it can apply strategic insight, operational expertise, disciplined capital allocation, and active management support to create institutional-quality platforms. Yesway is a clear example of that model in action.
Headquartered in Fort Worth, Texas, Yesway has grown into an award-winning convenience store operator with approximately 450 stores across nine states. The company is recognized for its strong regional brands, popular foodservice offerings, broad grocery and merchandise selections, and private-label products, including the well-known Allsup's deep-fried burrito. Yesway's growth reflects the strength of the platform Brookwood helped create, as well as the execution capabilities of Yesway's management team and employees.
"We are extremely proud of Yesway's evolution from a Brookwood-sponsored platform into a publicly traded company," said Thomas N. Trkla, Brookwood's founder, Chairman and Chief Executive Officer. "This milestone reflects the vision behind Brookwood's original investment thesis, the strength of Yesway's management team, the dedication of its employees, and the company's continued commitment to serving customers and communities across its markets. It is rare for a private equity real estate investment firm to help build a consumer retail company of this scale from inception through a successful public listing, and we believe Yesway's achievement demonstrates the power of Brookwood's differentiated, hands-on approach."
About Brookwood Financial Partners, LLC
Brookwood Financial Partners, LLC is a U.S.-based private equity real estate investment firm founded in 1993. The firm has invested more than $1.8 billion of equity on behalf of institutional and private investors and has been involved in more than $4.9 billion of total assets across commercial real estate, real estate-related operating businesses, and sponsored investment platforms. Brookwood specializes in identifying overlooked opportunities, applying hands-on operational and strategic expertise, and building durable platforms that create long-term value.
About Yesway
Established in 2015 and headquartered in Fort Worth, Texas, Yesway is an award-winning convenience store operator with approximately 450 stores across nine states in the Midwest and Southwest. Yesway is known for its regional brands, foodservice offerings, broad grocery and merchandise selections, and private-label products, including the famous Allsup's deep-fried burrito. Through strategic acquisitions, new-store development, operational investment, and a commitment to customer satisfaction and community engagement, Yesway continues to strengthen its position as one of the leading convenience retailers in the United States.
Media Contact:
To arrange interviews, please contact Erin Vadala, Bolt PR at 617.669.1560 or [email protected].
High-resolution images and graphics are available upon request.
NEW YORK, June 09, 2026 (GLOBE NEWSWIRE) -- At the end of the settlement date of May 29, 2026, short interest in 3,749 Nasdaq Global MarketSM securities totaled 17,273,936,410 shares compared with 17,000,786,423 shares in 3,727 Global Market issues reported for the prior settlement date of May 15, 2026. The May short interest represents 3.01 days compared with 2.74 days for the prior reporting period.
Short interest in 1,650 securities on The Nasdaq Capital MarketSM totaled 3,946,041,797 shares at the end of the settlement date of May 29, 2026, compared with 3,909,823,972 shares in 1,640 securities for the previous reporting period. This represents a 1 day average daily volume; the previous reporting period’s figure was 1.28.
In summary, short interest in all 5,399 Nasdaq® securities totaled 21,219,978,207 shares at the May 29, 2026 settlement date, compared with 5,367 issues and 20,910,610,395 shares at the end of the previous reporting period. This is 2.15 days average daily volume, compared with an average of 2.25 days for the prior reporting period.
The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.
For more information on Nasdaq Short interest positions, including publication dates, visit
https://www.nasdaq.com/market-activity/quotes/short-interest
or http://www.nasdaqtrader.com/asp/short_interest.asp.
About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
June 09, 2026 18:04 ET | Source: RMG ML Sports Holdings
Incline Village, NV, June 09, 2026 (GLOBE NEWSWIRE) -- RMG ML Sports Holdings (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chief Executive Officer, James Carpenter, and President and Chief Financial Officer, Douglas Horlick, today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon the consummation of the Company’s initial business combination. The units are expected to trade on the Global Market tier of the Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “SHOTU” beginning June 10, 2026. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on Nasdaq under the symbols “SHOT” and “SHOTR,” respectively.
Santander is acting as sole book-running manager. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on June 11, 2026 subject to customary closing conditions.
A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 9, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at [email protected], by telephone at 833-818-1602, or by accessing the SEC’s website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About RMG ML Sports Holdings
RMG ML Sports Holdings is a public acquisition vehicle and intends to target opportunities in the global sports industry and adjacent sectors including, but not limited to, entertainment, eSports, gaming, music publishing and real estate development (focused on stadiums and venues). RMG ML Sports Holdings intends to capitalize on the investment and operational experience of its management team, as well as its affiliation with Riverside Management Group.
Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s initial public offering (“IPO”) and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contacts:
Douglas Horlick
930 Tahoe Blvd STE 802 PMB 45
Incline Village, NV 89451
Telephone: (775) 204-1489
Nasdaq Board Re-elects Adena T. Friedman as Chair of the Board
NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) shareholders elected all nominated directors at the company’s Annual Meeting of Shareholders on Wednesday, June 10, 2026. All directors will serve one-year terms. The elected board members are:
Melissa M. Arnoldi, EVP and General Manager for Business Solutions, AT&T Inc.Charlene T. Begley, Retired SVP and CIO, General Electric CompanyAdena T. Friedman, Chair and CEO, NasdaqEssa Kazim, Governor, Dubai International Financial CentreThomas A. Kloet, Retired CEO and Executive Director, TMX Group LimitedKathryn A. Koch, President and CEO, The TCW Group, Inc.Holden Spaht, Managing Partner, Thoma BravoMichael R. Splinter, Retired Chairman and CEO, Applied Materials, Inc.Johan Torgeby, President and CEO, Skandinaviska Enskilda Banken (SEB)Toni Townes-Whitley, Former CEO, Science Applications International Corp. (SAIC)Jeffery W. Yabuki, Chairman and CEO, InvestCloud; Chairman and Founding Partner, Motive PartnersAlfred W. Zollar, Former Executive Partner, Siris Capital Group, LLC The Nasdaq Board of Directors also re-elected Adena T. Friedman as Chair of the Board for a one-year term.
In addition, Nasdaq shareholders approved the following proposals:
The company’s executive compensation, on an advisory basis; andRatification of the appointment of Ernst & Young LLP as Nasdaq’s independent registered public accounting firm for the fiscal year ending December 31, 2026. For additional information on Nasdaq’s corporate governance, please visit: https://ir.nasdaq.com/corporate-governance/nasdaq-inc/board-of-directors.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Media Relations Contact:
David Lurie
+1.914.538.0533 [email protected]
Investor Relations Contact:
Ato Garrett
+1.212.401.8737 [email protected]
NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading is halted in Inno Holdings Inc. (Nasdaq: INHD) for additional information requested from the company. Nasdaq halted INHD at 17:18:58 on June 8, 2026; the last closing price of the company’s common stock was $39.49.
Trading will remain halted until Inno Holdings Inc. has fully satisfied Nasdaq’s request for additional information.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
June 11, 2026 14:45 ET | Source: Mountain Lake Acquisition Corp.
Incline Village, Nevada, June 11, 2026 (GLOBE NEWSWIRE) -- Mountain Lake Acquisition Corp (“MLAC”), a special purpose acquisition company, today announced the completion of its previously announced business combination with Avalanche Treasury Corporation (“AVAT”) (the “Business Combination”). The shares of Class A common stock of AVAT, the combined company following the Business Combination, will commence trading on the Nasdaq on June 11, 2026, under the ticker symbol “AVAT.” The Business Combination was approved by MLAC’s shareholders at an extraordinary general meeting in lieu of an annual general meeting of shareholders on June 4, 2026, and all remaining closing conditions of the Business Combination were satisfied or waived among the parties as of June 11, 2026.
Advisors
Ellenoff Grossman & Schole LLP and Forbes Hare served as legal advisors to MLAC.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP and Appleby (Cayman) Ltd. served as legal advisors to AVAT.
BTIG, LLC served as financial and capital markets advisor to MLAC.
About AVAT (Avalanche Treasury Co.)
AVAT (Avalanche Treasury Co.) is a Nasdaq-listed company that provides investors with exposure to the Avalanche ecosystem as businesses move on-chain. Investors in AVAT hold shares in a publicly listed company whose value is tied to Avalanche, the blockchain technology platform of choice for some of the world’s most recognized and trusted institutions. AVAT is designed for those who want access to the blockchain infrastructure that offers flexibility, interoperability, and speed without holding a digital asset directly. For more information, visit avat.com.
About Mountain Lake Acquisition Corp.
MLAC was a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company’s management team was led by Paul Grinberg, its Chairman & CEO, and Douglas Horlick, its Chief Financial Officer, Director, and President.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding estimation of the listing. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of MLAC’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although MLAC believes that it has a reasonable basis for each forward-looking statement contained in this press release, MLAC cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of MLAC as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, MLAC does not undertake any duty to update these forward-looking statements.
SummaryCompaniesNasdaq's tech focus and passive fund flows likely drove decision -analystsPlanned U.S. listing expected to raise SK Hynix's profile among global investors and expand its shareholder baseSEOUL/SINGAPORE, June 12 (Reuters) - South Korean memory chipmaker SK Hynix (000660.KS), opens new tab is looking to choose the Nasdaq for its planned U.S. listing, two sources familiar with the matter said, opting for the technology-heavy bourse to capitalize on investor appetite for AI-linked stocks.
The planned listing as early as August comes after a 230% surge in SK Hynix's share price this year, lifting its market value above $1 trillion in May. The U.S. listing is expected to broaden the company's investor base and raise its profile among global investors.
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The company selected Nasdaq over the New York Stock Exchange, said the sources, who declined to be identified because the information was not public.
SK Hynix declined to comment. Nasdaq was not immediately available for comment outside business hours.
Nasdaq is home to many of the world's largest technology firms and chipmakers, including Nvidia (NVDA.O), opens new tab, Microsoft (MSFT.O), opens new tab, Amazon.com (AMZN.O), opens new tab and Alphabet (GOOGL.O), opens new tab as well as SK Hynix's smaller rival, Micron (MU.O), opens new tab.
Memory-chip stocks have sharply outperformed this year, with Micron up about 248% and the Nasdaq Composite gaining around 11%.
The exchange was also the preferred listing venue for Elon Musk's rocket and AI company SpaceX SPCX.O, which is set to begin trading later on Friday.
BETTING ON AI-LED VALUATIONSIllustration shows SK hynix logo. REUTERS/Dado Ruvic Purchase Licensing Rights, opens new tab
As the world's second-largest memory chipmaker and a key supplier to Nvidia, SK Hynix has been a major beneficiary of the AI boom due to its dominant position in high-bandwidth memory chips used in AI servers.
Reuters has reported that SK Hynix received "tremendously positive" feedback on the U.S. listing plan, citing strong AI demand and its competitive position in the memory-chip market.
Analysts said Nasdaq has historically assigned higher valuations to technology and growth companies than the NYSE, and SK Hynix might have chosen Nasdaq in part by looking at peer Micron's valuation.
"Passive investment funds now account for a larger share of global investment flows than active funds, with a significant portion of those passive flows concentrated in Nasdaq-listed stocks, making the exchange particularly attractive for technology companies seeking to broaden their investor base," said Kim Sunwoo, a senior analyst at Meritz Securities.
Passive funds track stock indexes rather than selecting individual stocks, and many technology-focused indexes and ETFs are heavily weighted toward Nasdaq-listed companies.
SK Hynix said in March it had confidentially filed for a U.S. listing. A source said at the time that the offering could raise as much as $14 billion.
One source said the U.S. Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing during the week of June 22.
The company has not publicly disclosed the size of the planned listing or the number of shares to be offered.
Reporting by Heekyong Yang in Seoul and Yantoultra Ngui in Singapore;Editing by Elaine Hardcastle
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Yantoultra Ngui is the Southeast Asia Deals Correspondent of Reuters in Singapore, covering M&A and capital market activities in a region that is fast emerging as one of the world’s biggest economies. He previously was a reporter at Bloomberg and The Wall Street Journal (WSJ). Notably, he was part of WSJ's team that covered the financial scandal at Malaysian state fund 1MDB, and that won SOPA Excellence in Breaking News award for the coverage of the assassination of Kim Jong Nam, the half-brother of North Korea's leader Kim Jong Un, in Malaysia in 2018. Yantoultra graduated with an MBA in Finance from Universiti Putra Malaysia (UPM) in 2010.
Elon Musk just became the world's first trillionaire.
With SpaceX opening on the Nasdaq at $150 a share Friday, the CEO of SpaceX and Tesla now has a stake in SpaceX that's worth more than $766 billion. Combined with his Tesla stake, which is worth $280 billion, Musk's net worth from both companies as of Friday was roughly $1.05 trillion.
The SpaceX IPO added more than $180 billion to Musk's fortune. He is now worth more than the next five richest billionaires in the world combined. His personal net worth is larger than the national GDP of Taiwan, Ireland or Sweden.
Musk's coronation as the first person in history to be worth $1 trillion is likely to add fuel to the debate over wealth inequality and the rise in power of America's richest tech founders. Along with creating the world's first trillionaire, the SpaceX IPO also minted thousands of new millionaires and several new billionaires among the employees and executives who own stock.
Shares of SpaceX gained roughly 20% Friday to close at $161.11 apiece. That values the company at more than $2 trillion.
Shares of Tesla rose almost 2% to roughly $406 apiece.
Musk was first declared a billionaire by Bloomberg and Forbes in 2012, with the latter estimating his net worth at $2.4 billion at the time.
His fortune reached $20 billion in 2019 and skyrocketed the following year after a Tesla stock split, making Musk the world's fifth centibillionaire — worth more than $100 billion — by Forbes' estimate. In the six years since, Musk's net worth has grown roughly tenfold.
His fortune has surged by a rate unmatched even by the decade's previous "world's richest person" titleholders: Amazon founder Jeff Bezos, Microsoft co-founder Bill Gates, and Bernard Arnault, head of the luxury empire LVMH.
Google co-founder Larry Page, currently worth an estimated $295 billion, according to Forbes, takes a distant second place among the ranks of the world's richest people.
Page is followed by a second Google co-founder, Sergey Brin; Bezos, and Oracle founder Larry Ellison, each worth more than $200 billion as of Friday, according to Forbes.
That said, Gates' fortune would be a whopping $464 billion had he not given so much away to philanthropy, per Forbes' estimate.
Insiders may stand to receive substantial financial benefits not available to ordinary shareholders.
The proposed transaction may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating the merger of Helix Energy Solutions Group, Inc. (NYSE: HLX) and Hornbeck Offshore Services, Inc. Upon closing of the proposed transaction, Helix shareholders will own approximately 45% of the combined company on a fully diluted basis.
Halper Sadeh encourages Helix shareholders to click here to learn more about their rights and options or contact Daniel Sadeh or Zachary Halper free of charge at (212) 763-0060 or [email protected] or [email protected].
The investigation concerns whether Helix and its board of directors violated the federal securities laws and/or breached their fiduciary duties by failing to: (1) obtain the best possible price for Helix shareholders; (2) conduct a fair sales process free of any conflicts of interests; and (3) disclose all material information for Helix shareholders to evaluate the transaction.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Helix Energy Solutions Group, Inc. (NYSE: HLX) and Hornbeck Offshore Services, Inc. Under the terms of the agreement, upon completion of the proposed transaction, Helix shareholders will own approximately 45% of the combined company on a fully diluted basis. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Equitable shareholders.
If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-hlx/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Western Energy Services (OTCMKTS:WEEEF – Get Free Report) and Helix Energy Solutions Group (NYSE:HLX – Get Free Report) are both small-cap energy companies, but which is the better business? We will contrast the two companies based on the strength of their valuation, profitability, risk, analyst recommendations, dividends, earnings and institutional ownership.
Profitability This table compares Western Energy Services and Helix Energy Solutions Group’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Western Energy Services -11.90% -0.22% -0.16% Helix Energy Solutions Group 1.10% 1.82% 1.09% Analyst Recommendations This is a breakdown of recent ratings and recommmendations for Western Energy Services and Helix Energy Solutions Group, as provided by MarketBeat.com.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Western Energy Services 0 0 0 0 0.00 Helix Energy Solutions Group 0 2 2 0 2.50 Helix Energy Solutions Group has a consensus target price of $11.50, indicating a potential upside of 16.13%. Given Helix Energy Solutions Group’s stronger consensus rating and higher possible upside, analysts clearly believe Helix Energy Solutions Group is more favorable than Western Energy Services.
Risk and Volatility Western Energy Services has a beta of 0.34, suggesting that its share price is 66% less volatile than the S&P 500. Comparatively, Helix Energy Solutions Group has a beta of 1.15, suggesting that its share price is 15% more volatile than the S&P 500.
Insider & Institutional Ownership 91.3% of Helix Energy Solutions Group shares are owned by institutional investors. 50.0% of Western Energy Services shares are owned by company insiders. Comparatively, 6.8% of Helix Energy Solutions Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Earnings and Valuation This table compares Western Energy Services and Helix Energy Solutions Group”s gross revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Western Energy Services $155.66 million 0.49 -$18.61 million ($0.55) -4.10 Helix Energy Solutions Group $1.29 billion 1.13 $30.83 million $0.10 99.03 Helix Energy Solutions Group has higher revenue and earnings than Western Energy Services. Western Energy Services is trading at a lower price-to-earnings ratio than Helix Energy Solutions Group, indicating that it is currently the more affordable of the two stocks.
Summary Helix Energy Solutions Group beats Western Energy Services on 13 of the 14 factors compared between the two stocks.
About Western Energy Services (Get Free Report)
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services. Western Energy Services Corp. is headquartered in Calgary, Canada.
About Helix Energy Solutions Group (Get Free Report)
Helix Energy Solutions Group, Inc., together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the Gulf of Mexico, the East Coast of the United States, North Sea, the Asia Pacific, and West Africa regions. The company operates through four segments: Well Intervention, Robotics, Production Facilities, and Shallow Water Abandonment segments. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; coiled tubing operations; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline, cable and umbilical abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. Further, it provides offshore oilfield decommissioning and reclamation, project management, engineered solutions, intervention, maintenance, repair, heavy lift, and commercial diving services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.
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