Stock Market Update
24-Sep-26 14:30 ET
Gen Digital, First Solar, Rollins Slide; Charles River Leads S&P 500 on Outlook
Dow -137.00
at 51374.59,
Nasdaq -22.01
at 26935.07,
S&P -2.32
at 7703.71
[BRIEFING.COM] The S&P 500 (-0.03%) is narrowly lower this afternoon, down about 2 points.
Briefly, S&P 500 constituents Gen Digital (GEN 23.74, -2.49, -9.49%), First Solar (FSLR 174.40, -17.57, -9.15%), and Rollins (ROL 30.46, -2.03, -6.25%) dot the bottom of the average. GEN falls as investors weigh the potential GoDaddy (GDDY) acquisition's significant financing burden, with Gen’s $8 bln net debt making a deal likely to require substantial equity issuance, while ROL slides following a downgrade to Neutral at Piper Sandler citing AI, competition concerns.
Meanwhile, Charles River (CRL 297.58, +20.25, +7.30%) is atop the standings on its new long-term outlook, including 5%-7% organic revenue growth and low-double-digit EPS growth through 2030, alongside plans for $300M+ in cumulative savings.
