Stocks to Watch: Globus Medical, L3Harris, Phathom

Dow Jones
01/08

By Nicholas G. Miller

 

Shares of Globus Medical rose after the company issued preliminary fourth-quarter sales numbers and a 2026 outlook that each beat analysts' expectations. The stock was up 9.5% to $99.10 in after-hours trading.

L3Harris jumped in after-market trading along with other defense contractors after President Trump posted on Truth Social that the country's 2027 military budget should be $1.5 trillion dollars. The stock was recently up 5.3% to $326.12.

Shares of Phathom Pharmaceuticals fell after the company said it would sell stock or warrants to buy stock through a public offering. The stock slid 12% to $15.88 in late trading.

 

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

 

(END) Dow Jones Newswires

January 07, 2026 18:58 ET (23:58 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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