--- title: "U.S. stock market midday update: BitGo down 11.48%! New product launch and major fund reallocation trigger market volatility" type: "News" locale: "en" url: "https://longbridge.com/en/news/273742243.md" description: "Bitgo fell 11.48%; Broadridge Financial Solutions rose 0.61%, with a transaction volume of USD 53.17 million; SS&C Technologies rose 0.54%, with a transaction volume of USD 37.97 million; IHS Markit fell 0.18%, with a transaction volume of USD 25.09 million; Jabil fell 0.81%, with a market capitalization of USD 7.841 billion" datetime: "2026-01-26T20:02:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273742243.md) - [en](https://longbridge.com/en/news/273742243.md) - [zh-HK](https://longbridge.com/zh-HK/news/273742243.md) --- # U.S. stock market midday update: BitGo down 11.48%! New product launch and major fund reallocation trigger market volatility **U.S. Stock Market Midday Update** Bitgo fell 11.48%, with increased trading volume. Based on recent key news: 1. On January 26, BitGo Holdings Ondo Tokenized (BTGOON) was launched for trading on the Gate platform, and the market's reaction to the new product may lead to stock price fluctuations. Source: Official announcement 2. On January 26, Bitgo's main funds secretly adjusted their positions, increasing market attention on Bitcoin trends and the volatility of BTGO. Source: Jinse Finance 3. On January 24, BitGo completed a $213 million IPO, demonstrating strong financing activity in the crypto market. Source: Jinse Finance, active financing in the crypto market, attention on Bitcoin trends. **Stocks with High Trading Volume in the Industry** Broadridge Financial Solutions rose 0.61%. No significant news recently; trading is active, and fund flows are evident. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. no\_news SS&C Technologies rose 0.54%. SS&C Technologies rose 0.54%. No significant news recently; trading is active, and fund flows are evident. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. no\_news IHS Markit fell 0.18%, with a trading volume reaching $25.09 million, and increased trading volume, with no significant news recently. Trading is active, and fund flows are evident. Considering sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Janssen fell 0.81%. Based on recent news, 1. On January 25, the application of AI technology in the medical field is accelerating, and Janssen, as a company with a market capitalization of less than $10 billion, is actively participating in innovations in early diagnosis and drug discovery. This trend may have driven market attention to its stock, leading to price fluctuations. 2. Recently, market enthusiasm for investment in AI technology has surged, especially in early detection technologies for major diseases such as cancer and Alzheimer's disease, making Janssen a focal point for investors. 3. Analysts predict that Janssen may experience significant growth in the future. Despite its currently low market capitalization, its potential in the AI field has attracted investor interest. The application of AI technology in the medical field is accelerating ### Related Stocks - [BTGO.US](https://longbridge.com/en/quote/BTGO.US.md) ## Related News & Research - [BitGo and tradias Expand Access to Institutional Crypto Liquidity | BTGO Stock News](https://longbridge.com/en/news/282498684.md) - [BitGo Prime adds tradias to liquidity network, expanding institutional access](https://longbridge.com/en/news/282517204.md) - [What's Going On With BitGo Stock Monday?](https://longbridge.com/en/news/282558945.md) - [BTGO (NYSE:BTGO) Given "Buy" Rating at Canaccord Genuity Group](https://longbridge.com/en/news/280788944.md) - [21:44 ETINVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of BitGo Holdings, Inc. - BTGO](https://longbridge.com/en/news/281592793.md)