--- title: "U.S. stock market update: Atlantic's stock price plummeted by 14.20%, with layoffs and declining profits triggering market panic" type: "News" locale: "en" url: "https://longbridge.com/en/news/284810267.md" description: "Atlantic fell 14.20%; Thermo Fisher Scientific rose 2.21%, with a transaction volume of USD 379 million; Danaher rose 0.63%, with a transaction volume of USD 357 million; Tempus AI rose 9.40%, with a transaction volume of USD 168 million; Agilent Technologies rose 2.70%, with a market value of USD 32.3 billion" datetime: "2026-04-30T16:42:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284810267.md) - [en](https://longbridge.com/en/news/284810267.md) - [zh-HK](https://longbridge.com/zh-HK/news/284810267.md) --- # U.S. stock market update: Atlantic's stock price plummeted by 14.20%, with layoffs and declining profits triggering market panic **U.S. Stock Market Midday Update** Atlantic fell 14.20%. Based on recent key news: 1. On April 28, Atlantic International Corporation released its latest financial report, showing a significant decline in company profits. The report indicated that the company's net profit in the first quarter decreased by 35% year-on-year, primarily due to weak market demand and rising costs. This news dampened investor confidence, causing the stock price to drop. 2. On April 27, Atlantic announced a large-scale layoff to cope with current financial pressures. The company plans to cut about 10% of its workforce to reduce operating costs. The layoff news raised market concerns, further depressing the stock price. 3. On April 26, analysts downgraded Atlantic's rating, expecting the company's future profitability to continue facing challenges. Several brokerages released reports indicating that the market environment faced by the company is unfavorable, with bleak profit prospects, leading to a consecutive decline in stock prices. Weak market demand, rising costs, and layoff plans. **Stocks Ranked Among the Top in Industry Transaction Volume** Thermo Fisher Scientific rose 2.21%. Based on recent key news: 1. On April 28, Thermo Fisher Scientific opened its flagship bioprocess design center in the U.S. to accelerate the delivery of life-changing therapies. This move enhanced market confidence in the company's future growth, driving the stock price up. 2. On April 27, Thermo Fisher Scientific's President and COO Gianluca Pettiti sold 400 shares of common stock at a trading price of $462.66 per share. Although this news may trigger short-term volatility, the market remains optimistic about the company's long-term performance. 3. On April 28, Barclays analyst Luke Sergott maintained a buy rating on Thermo Fisher, setting a target price of $625. Morgan Stanley also issued a buy rating with a target price of $620. These positive analyst ratings further boosted investor confidence. The healthcare sector has performed strongly recently, with significant capital inflows. Danaher rose 0.63%. Based on recent key news: 1. On April 30, Danaher was assessed as overvalued, with weak technical signals. Despite the company's competitiveness in life sciences, diagnostics, and environmental solutions, its high price-to-earnings ratio and low yield have led to sell recommendations in technical signals, affecting stock price volatility. Source: TipRanks 2. On April 29, Danaher made strategic acquisitions through the capital markets to maintain its competitive position. The company frequently utilizes the capital markets for strategic acquisitions to remain competitive in high-growth industries, a strategy that may impact investor confidence. Source: SEC announcement 3. On April 29, Danaher's market capitalization reached $127.8 billion. The company's influence and market cap growth in the global science and technology sector may attract investor attention, driving the stock price up. Source: Public Technologies The industry is highly competitive, with weak technical signals Tempus AI rose by 9.40%. Based on recent news, 4. On April 29, Tempus AI announced that it will hold an Investor Day event on May 29. This event will feature presentations from key executives of the company, which is expected to attract investor attention and drive up the stock price. 5. On April 29, an analyst report released by MarketBeat indicated that Tempus AI currently has a moderate buy rating. Nevertheless, top analysts believe there are five other stocks that are more worthy of investment, which may have some impact on the stock price. 6. On April 29, Tempus AI's latest 13F filings and insider trading information were published on HoldingsChannel.com. This information may have increased market confidence in the company, driving up the stock price. The AI industry has performed strongly recently, attracting high investor attention. **Stocks Ranked Among the Top by Market Capitalization in the Industry** Agilent Technologies rose by 2.70%. Based on recent news: 1. On April 28, Agilent Technologies announced that it will release its second-quarter results for fiscal year 2026 on May 27. This news has sparked positive expectations in the market regarding the company's future performance, driving up the stock price. Source: Business Wire 2. Recently, there has been an overall increase in demand for technology stocks in the market, with significant capital inflows further supporting the rise in Agilent Technologies' stock price. Source: Zhitong Finance 3. Analysts maintain an optimistic rating for Agilent Technologies, expecting its profitability to improve in the coming quarters, which has bolstered investor confidence. 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