Markets: 2026-09-23 Close

A sourced recap of the previous completed U.S. trading session. Closing moves are not real-time quotes.

The market tape

- **S&P 500 (SPX)**: -0.75%, closed at 7,706.03 - **Nasdaq Composite (COMP)**: -1.13%, closed at 26,936.04 - **Dow Jones Industrial Average (DJIA)**: -0.68%, closed at 51,511.59 - **Russell 2000 (RUT)**: -1.77%, closed at 2,838.66

Sector leaders and laggards

- Leaders: Energy +1.04%; Industrials -0.11% - Laggards: Communication Services -1.89%; Utilities -1.88%

Notable movers

Alkami Technology, Inc. (ALKT) -19.29%

Alkami said on September 23 that its board had ended a strategic-opportunities review and decided the company should remain independent. It reaffirmed its annual guidance. A potential-sale premium unwound in a heavily traded digital-banking software stock.

Sources: September 23 close, change, market cap and volume · Company announcement

Paychex, Inc. (PAYX) -8.77%

Paychex reported fiscal first-quarter results before the September 23 open and maintained its fiscal-year revenue-growth and adjusted-EPS-growth outlook. A steep decline following results from a major payroll provider highlights scrutiny of its growth outlook.

Sources: September 23 close, change, market cap and volume · Company results and guidance

McDonald’s Corporation (MCD) -4.81%

At its September 23 investor event, McDonald’s laid out its NEXT strategy and new financial targets. Its shares fell during that session; the sources establish the announcement and move, not which element investors rejected. A pronounced decline on heavy volume accompanied a major strategy update from a Dow component.

Sources: September 23 close, change, market cap and volume · Company strategy announcement

Voyager Technologies, Inc. (VOYG) -16.33%

After the September 22 close, Voyager proposed a $350 million convertible-senior-notes offering. The potential financing and share dilution weighed on the following session. The proposed financing is substantial relative to Voyager’s equity value and drew unusually heavy trading.

Sources: September 23 close, change, market cap and volume · Company announcement

Fastly, Inc. (FSLY) +13.69%

Investors digested Fastly’s September 22 investor-day presentation and its recently announced AI security products. Reporting linked the September 23 gain to the investor-day outlook. A large, liquid gain put the market’s response to Fastly’s edge-computing and AI-security strategy in focus.

Sources: September 23 close, change, market cap and volume · Company event dated September 22 · Reporting on investor-day reaction

Expedia Group, Inc. (EXPE) -7.72%

Travel-booking shares fell as investors assessed whether consumer AI agents could redirect bookings away from established travel platforms. That is a reported sector concern, not a confirmed change in Expedia’s bookings. The selloff tests how investors value online travel intermediaries as AI-assisted booking develops.

Sources: September 23 close, change, market cap and volume · Reporting on the sector concern

Airbnb, Inc. (ABNB) -7.56%

Airbnb fell alongside other travel-booking stocks amid reported concerns that AI agents could alter how customers find and reserve accommodations. No Airbnb-specific operating deterioration was established by these sources. The decline extended the AI-booking debate to a marketplace with differentiated accommodation listings.

Sources: September 23 close, change, market cap and volume · Reporting on the AI-booking concern

Booking Holdings Inc. (BKNG) -5.07%

Reporting identified Booking among travel platforms exposed to investor concerns that AI agents might shift customer discovery and transactions away from established booking sites. Its decline, alongside Expedia and Airbnb, made online travel a distinct theme in the closing tape.

Sources: September 23 close, change, market cap and volume · Reporting on the sector concern

Stock spotlight

No mover met the source-confidence threshold for a detailed spotlight.

_MacroShed Markets is informational analysis, not investment advice._