U.S. Stock Market Midday Update
Stocks with High Trading Volume in the Industry
KBR Technology rose 4.61%, with a trading volume of $796.3 million. Based on recent key news:
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On September 24, KBR announced plans to spin off its mission technology solutions division, expected to be completed between mid-2026 and the end of the year. Following this announcement, KBR's stock price surged by 9.2%.
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On September 24, KBR reaffirmed its fiscal 2025 outlook and stated it would hold an investor day event before the spin-off. This move boosted market confidence and drove the stock price higher.
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On September 23, KBR faced a new class-action lawsuit accusing the company of issuing misleading statements to investors before terminating a major military contract. Nevertheless, the positive impact of the spin-off news outweighed the negative effects of the lawsuit. Industry trend: The engineering contracting industry has performed strongly recently.
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Stocks with High Market Capitalization in the Industry
RELX PLC rose 0.06%. According to recent key news:
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On September 24, technical analysis indicated bearish momentum, with a high price-to-earnings ratio suggesting possible overvaluation. Despite facing challenges, the company's ability to maintain growth and profitability supports a positive outlook, but market trends require caution.
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On September 22, TipRanks analyst Dempsey gave RELX plc a strong buy rating with a target price of $58.36, indicating a potential upside of 23.38%. Kepler Capital also upgraded its rating to buy.
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On September 23, trading data indicated increased volume, showing growing market interest in the stock. Market trends require caution, with volume expanding
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FOFO

Hang Feng Tech Innovation rose 15.43%; KBR Technology rose 4.61%, with a transaction volume of USD 796.3 million; Innodata fell 3.45%, with a transaction volume of USD 629.8 million; Verisk Analytics rose 0.70%, with a transaction volume of USD 584.5 million; RELX PLC rose 0.06%, with a market value of USD 84.7 billion

U.S. stock market midday update: Hang Feng Tech Innovation up 15.43%