ET 14:43

Alta, CACI, SolarEdge, Montrose, and Vicor Shares Surge on Trade Tensions Easing - SPY +1.2%

Shares of Alta, CACI, SolarEdge, Montrose, and Vicor rose sharply in afternoon trading on January 22, 2026, following U.S. President’s announcement of a framework for a potential deal with Greenland, reversing earlier plans to impose tariffs. The move eased global trade concerns, fueling a broad market rally as the S&P 500 gained 1.2% and investors rotated back into equities. Alta (ALTA) saw its stock climb amid heightened volatility, with 54 moves exceeding 5% over the past year. The company reported weak Q3 2025 results: revenue fell 5.8% to $422.6 million, adjusted EPS was -$0.35 versus expectations of -$0.17, and adjusted EBITDA dropped to $41.7 million. Full-year EBITDA guidance of $170 million at midpoint missed estimates, and free cash flow turned negative at $13.2 million, down from $23.9 million in Q3 2024. Despite a 29.7% gain this year, Alta trades at $6.50, 24.6% below its 52-week high of $8.62. A $1,000 investment five years ago is now worth $632.91.

EditorLim