Upside, Downside Action in the A.M.

Avatar photo Doug Kass on June 30, 2026

Upside:

-AVAV +35% (earnings, guidance)

-VWAV +29% (acquires 51% controlling interest in private Israeli aerospace and defense company Meteor Aerospace for ~$20.4M in stock)

-SEDG +11% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters)

-JACK +10% (momentum)

-ENPH +9.4% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters)

-APD +8.3% (will not proceed with Louisiana Clean Energy Complex)

-GMAB +8.2% (Phase 3 EPCORE DLBCL-4 meets primary PFS endpoint in R/R DLBCL)

-RDW +7.8% (awarded contract by Taiwan Color Optics to deliver Penguin Mk2.5 VTOL UAS to Taiwan Coast Guard)

-JOBY +7.0% (launches initial phase of strategic manufacturing alliance with Toyota)

-PCRX +3.8% (divests iovera° to Zimmer Biomet for up to $140M)

-RUN +3.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters)

-AXON +2.4% (momentum)

-FSLR +2.3% (solar stock strength following FCC reportedly drafting ban on imports of foreign inverters)

Downside:

-UNCY -51% (FDA issues complete response letter for OLC NDA resubmission due to third-party manufacturing deficiencies)

-CNXC -23% (earnings, guidance)

-NVCT -22% (prices 5.0M shares at $20.00/shr for $100M gross proceeds)

-SOC -21% (plans $100M common stock offering and $300M convertible senior notes due 2031)

-BDRX -16% (prices $3.5M registered direct offering and $1.0M private placement with warrant inducement)

-VSH -11% (prices 15M-share offering at $50/share for $750M gross proceeds)

-PATK -10% (LCII to combine with Patrick Industries in all-stock merger)

-MSTR -5.1% (adopts Digital Credit Capital Framework; authorizes $1B Digital Credit Securities repurchase and $1B class A common stock repurchase)

-DLR -4.7% (prices Blackstone secondary offering of 12.3M shares at $185/share)

-ABBV -2.1% (US House Committee opens investigation into China drug trials)

-OLN -2.0% (Tier1 firm Cuts OLN to Underperform from Buy, price target: $21 from $32)

Positions: None.

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Posted by Doug Kass

Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality. On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box." A Note from Doug: Current strategies and actionable trade ideas -- all on one dynamic platform built exclusively for active trades. From sudden sell-offs to sudden spikes, TheStreet Pro arms you with crucial analysis -- at a rapid fire, professional pace -- to help you make sound trading decisions -- every day, every hour, and every minute. Join me and my team of professional traders for unique perspectives and breakthrough investment opportunities.

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