Chattem Inc. (CHTT) traded to the downside during the first 2 hours of Wednesday's session and fell further going into the close. The stock finished lower by $2.07 at $57.52. Chattem fell below a week and a half long range on Wednesday to close at a 9 1/2 month low.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.