By Mackenzie Tatananni, George Glover, and Joe Woelfel
Stock futures were falling Monday as the relief rally faltered ahead of a raft of economic data releases that were delayed by last month's brief U.S. government shutdown.
These stocks were poised to make moves:
Kyndryl Holdings cratered 40%. Kyndryl's chief financial officer, David Wyshner, departed the company amid a review of its accounting practices. The company will delay filing its quarterly report with the Securities and Exchange Commission and expects to report material weaknesses in its internal control over financial reporting for fiscal 2025 as well as the first three quarters of fiscal 2026.
Hims & Hers Health sank 21% after the online drug retailer said Saturday it would no longer offer a compounded pill version of Novo Nordisk's popular weight-loss medicine Wegovy following increased scrutiny from federal regulators. Novo Nordisk's American depositary receipts gained 5.5% on Monday.
Micron Technology fell 2.8%. The selloff followed a report that said Samsung Electronics would start large-scale production of the next generation of high-bandwidth memory chips as soon as this month. That would be a challenge for Micron, which makes HBM chips that are a crucial part of AI processors. Samsung didn't immediately respond to a request for comment from Barron's.
Kroger rose 5.6% after naming former Walmart executive Greg Foran its next CEO, effective immediately. Chairman Ron Sargent, who had served as interim CEO since March 2025, described Foran as "a highly respected operator who knows how to run large-scale retail businesses."
STMicroelectronics jumped 6.4% after the European semiconductor manufacturer said it had struck a multiyear, multibillion-dollar with Amazon's cloud-computing arm, Amazon Web Services. AWS will also have the option to buy a stake of up to 2.7% in STMicroelectronics.
Monday.com slumped 15%. The software provider posted quarterly earnings that topped Wall Street forecasts but 2026 guidance that disappointed.
Amazon.com traded flat. Shares had their worst day since August 2025 on Friday, tumbling after the online retailer said it was planning $200 billion in capital expenditures in 2026 as it bids to meet surging demand for artificial intelligence. The selloff made Amazon the worst performer in the Dow Jones Industrial Average on the same day the index surpassed the 50,000 level for the first time ever.
Nvidia fell 0.7%, giving back some of its gains from Friday. The chip maker soared 7.9% on the expectation that Amazon's spending spree will drive up sales of advanced graphics processing units. The stock snapped a five-day losing streak and had its best session since April, according to Dow Jones Market Data.
Cleveland-Cliffs was flat after the steel company posted $4.3 billion in revenue for the fourth quarter, missing analysts' estimates of $4.57 billion.
Dynatrace climbed 9.3%. The IT infrastructure software company reported better-than-expected fiscal third-quarter adjusted earnings and raised its estimate for fiscal 2026 earnings to $1.67 to $1.69 a share from $1.62 to $1.64.
Apollo Global Management rose 1.5% after the alternative asset manager reported stronger-than-expected adjusted earnings in the fourth quarter.
Eli Lilly was up 2.1%. The maker of Mounjaro and Wegovy said it was acquiring Orna Therapeutics, a biotechnology company developing cell therapies, for $2.4 billion in cash.
Write to Mackenzie Tatananni at mackenzie.tatananni@barrons.com and George Glover at george.glover@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 09, 2026 08:13 ET (13:13 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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