Company News for July 17, 2026

• AST SpaceMobile, Inc. (ASTS) shares plunged 17% following the company's announcement of a $1 billion private placement of convertible senior notes due 2034, which raised concerns about potential future dilution.
• AtaiBeckley Inc. (ATAI) shares soared 33.4% after the company agreed to be acquired by Eli Lilly and Company (LLY) in a $2.8 billion deal.
• U.S. Bancorp (USB) shares rose 1.6% after the company reported second-quarter 2026 earnings of $1.35 per share, beating the Zacks Consensus Estimate by 5.5%. 
• Citizens Financial Group, Inc. (CFG) shares rose 4.6% after the company reported second-quarter 2026 earnings of $1.3 per share, beating the Zacks Consensus Estimate of $1.25 per share.

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This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

Source Zacks-com