•ImmunityBio faces a securities class action lawsuit after the FDA issued a warning letter regarding misleading efficacy claims for its product Anktiva.
•The news caused IBRX shares to plunge 21%, resulting in a loss of approximately $2 billion in market capitalization.
•Federal Pacific announced its largest contract ever from Bloom Energy to supply medium-voltage switchgear and engineering services for a large-scale AI data center project.
•Levi & Korsinsky initiated an investigation into Hub Group following the disclosure of material accounting errors that led to a 12.5% share price drop.
•ZoomInfo is facing an investigation after a sharp downward revision to its FY 2026 guidance caused shareholders to lose 33% of their investment value.
•CDW Corporation announced a $1 billion increase to its share repurchase program, bringing the total available authorization to approximately $1.484 billion.
•GoPro announced it has retained investment bank Houlihan Lokey to serve as its financial advisor to evaluate a potential sale and other strategic alternatives.