Major Averages Broadly Lower, S&P 500 Retreats to 6,899.84
The major averages were broadly lower near noon to begin the final trading week of the year, as markets settle back into holiday mode after a strong rally that pushed the S&P 500 and Dow to record highs last week. Traders are wrestling with profit-taking in major tech and AI-linked names even as the broader benchmark indexes remain close to all-time peaks. Precious metals have pulled back, contributing to cautious positioning among risk assets, while energy and select cyclical names show pockets of relative strength.Looking to commodities, gold was sharply lower, retreating from record highs but still around the $4,350 mark. Conversely, oil prices were rising as the commodity reaches for $60 a barrel.Get caught up quickly on the top news and calls moving stocks with this Midday Fly By.STOCK NEWS:SoftBankDigitalBridgefor $16 per share in cashLululemonfounder Chip Wilsonof three independent director candidatesCoupangannounced a 1.69T KRWover data breachVeriskhasto acquire AccuLynxWALL STREET CALLS:Amicusto Market Perform at Leerink after takeover dealPalisade Biowith an Overweight at Piper SandlerTurn Therapeuticswith a Buy at D. Boral CapitalNorthland1stDibsat Market Perform, awaits "more robust growth"AROUND THE WEB:While consistently the number 2 warehouse-club company in the U.S., Walmart-ownedSam's Club has been able to beat out Costcoin China,Novo Nordiskhas cut the listing prices by half for its obesity drug Wegovy in some Chinese provinces as the company prepares for copycats to flood the market,Hyundaiis not in a position to repurchase its manufacturing plant in Russia due to the war in Ukraine,Airbusis producing aircraft at a rapid pace in the final days of the year as the company works to achieve its recently cut annual aircraft delivery goal,KKRhas received first negotiation rights to take Yomeishu Seizo private, with plans to finalize terms in January 2026,MOVERS:Eightcoincrease after its board of directors approved afor up to $125MAutolusgains in New York after Needham named the stock as itsEnergy Fuelshigher afteron its uranium businessUltragenyxlower after announcing its Phase 3 Orbit and Cosmic studies for setrusumabINDEXES:Near midday, the Dow was down 0.48%, or 232.82, to 48,478.15, the Nasdaq was down 0.63%, or 148.10, to 23,444.99, and the S&P 500 was down 0.43%, or 30.10, to 6,899.84.
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Investigation of Investor Rights: FONAR and Others
- FONAR Transaction Investigation: Halper Sadeh LLC is investigating FONAR Corporation (NASDAQ:FONR) regarding a sale to CEO Timothy Damadian and other executives for $19.00 per share for Class B common stock and $6.34 per share for Class C common stock, potentially indicating breaches of fiduciary duties to shareholders.
- Heritage Commerce Sale: Heritage Commerce Corp (NASDAQ:HTBK) is involved in a sale to CVB Financial Corp. for 0.6500 shares of CVB common stock for each Heritage share, with Halper Sadeh LLC assessing the implications for shareholder rights.
- DigitalBridge Sale Review: DigitalBridge Group, Inc. (NYSE:DBRG) is selling to SoftBank Group Corp. for $16.00 per share in cash, and Halper Sadeh LLC may seek increased consideration and additional disclosures for shareholders.
- Legal Consultation Services: Halper Sadeh LLC offers free legal consultations, encouraging shareholders to reach out to discuss their rights and options, highlighting their expertise in securities fraud and corporate misconduct cases.

DigitalBridge Group, Inc. to be Sold to SoftBank for $16 per Share
- Investigation Launched: Former Louisiana Attorney General Charles C. Foti and Kahn Swick & Foti are investigating the proposed sale of DigitalBridge Group to SoftBank for $16 per share, aiming to assess whether this deal undervalues the company.
- Shareholder Rights Concern: The transaction offers DigitalBridge shareholders $16 in cash per share, and KSF is reviewing whether this compensation is adequate, which could impact shareholder acceptance and future investment decisions.
- Legal Consultation Offered: KSF is providing no-obligation legal consultations, encouraging shareholders who believe the deal undervalues the company to reach out, highlighting the importance of shareholder rights and the need for legal support.
- Market Reaction Anticipated: Due to the potential undervaluation of the deal, the market may react negatively to DigitalBridge Group's stock price, affecting investor confidence and possibly leading to shareholder opposition to the transaction.









