Progyny, Inc. (PGNY) shares surged 11.61 percent to $23.94 on Tuesday after the company announced a new $200 million revolving credit facility and signaled better-than-expected second quarter results.
The stock opened at $21.66 and reached a high of $24.27. Volume rose to 1.87 million shares, well above the 1.07 million averages on the Nasdaq.
The undrawn facility, which matures in July 2030, is designed to enhance financial flexibility and support potential future investments or stock repurchases. The official Q2 earnings report is scheduled for August 7, 2025.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.