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Stocks

May 30, 2026

Inflection Point01STOCKS

Replimune surges 85.7% following FDA path-forward agreement on melanoma drug RP1

  • Replimune shares surged 85.7% to close at $8.69 on Friday following an announcement that the company and FDA have aligned on a path forward for resubmission of its Biologics License Application.
  • The agreement allows the company to resubmit its application for RP1 in combination with Nivolumab to treat advanced melanoma in the coming days.
  • This follows two prior FDA rejections over study design concerns, with the company now positioned to resubmit after regulatory discussions.
Replimune surges 85.7% following FDA path-forward agreement on melanoma drug RP1
Trend Shift02STOCKS

Dell surges 32.8% on Q1 earnings beat and record AI server revenue growth

  • Dell Technologies shares jumped 32.8% to close at $420.91 on Friday following a blowout first-quarter earnings report.
  • The computing giant raised its full-year outlook as first-quarter AI-optimized server revenue surged 757%, driven by booming demand for artificial intelligence infrastructure.
  • Trading volume reached 38.18 million shares, representing more than five times its recent daily average.
Dell surges 32.8% on Q1 earnings beat and record AI server revenue growth
Outlier03STOCKS

NetApp rises 22.4% as AI spending boom drives blowout guidance

  • NetApp shares surged 22.4% to close at $174.29 on Friday after reporting first-quarter financial results that beat Wall Street estimates.
  • The data storage company issued strong forward guidance on an AI spending boom, breaking a 26-year-old record for the stock.
  • Trading volume reached 15.90 million shares, representing 5.5 times its 20-day average of 2.90 million shares.
NetApp rises 22.4% as AI spending boom drives blowout guidance
Trend Shift04STOCKS

Okta jumps 30.1% on Q1 earnings beat and raised outlook

  • Okta shares jumped 30.1% to close at $123.27 on Friday after reporting first-quarter results that beat Wall Street's sales and earnings estimates.
  • The identity management company raised its full-year guidance, driven by accelerating subscription growth and emerging AI-driven identity product demand.
  • Trading volume reached 17.18 million shares, which is 5.5 times its 20-day average of 3.13 million shares.
Okta jumps 30.1% on Q1 earnings beat and raised outlook

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