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What Happened? Shares of higher education company Grand Canyon Education (NASDAQ:LOPE) fell 9% in the morning session after the company's third-quarter results revealed a significant decline in profit, largely due to a $35 million reserve set aside for a litigation settlement. While revenue grew 9.6% year on year to $261.1 million, boosted by a 3.5% increase in student enrollments, the top-line growth was completely overshadowed by plummeting profitability. The company's operating income fell 62.6%, and n ...

What Happened? Shares of online money transfer platform Remitly (NASDAQ:RELY) fell 23.2% in the morning session after the company reported mixed third-quarter results, with its forecast for the upcoming quarter falling short of expectations. Although the online money transfer platform announced better-than-expected revenue for the third quarter, which grew 24.7% from the previous year, its outlook weighed on the stock. The company's revenue guidance for the next quarter was approximately $427 million, wh ...

What Happened? Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) fell 12.7% in the morning session after the company reported third-quarter results that fell short of high investor expectations. The luxury fashion firm announced revenue of $1.70 billion and GAAP earnings of $1.28 per share, surpassing analyst forecasts. This performance was supported by a 21% year-on-year increase in constant currency revenue, a measure that excludes the impact of foreign exchange fluctuations. Based on the strong ...

What Happened? Shares of media broadcasting company Sinclair (NASDAQ:SBGI) jumped 14.5% in the morning session after it reported third-quarter 2025 results that surpassed Wall Street expectations. The company posted revenue of $773 million, and its GAAP loss per share of $0.02 was significantly narrower than the anticipated loss of $0.85 per share. While sales fell 15.7% from the previous year, the top-line result still edged out forecasts. Adding to the positive news, Sinclair's guidance for the upcoming ...

What Happened? Shares of insurance and annuity provider Brighthouse Financial (NASDAQ:BHF) jumped 27.3% in the morning session after the company announced it agreed to be acquired by an affiliate of Aquarian Capital LLC in an all-cash deal. The transaction valued Brighthouse at approximately $4.1 billion, with shareholders set to receive $70.00 for each share. This price represented a significant premium of 37.7% over the company's 90-day volume-weighted average price. According to the agreement, Brightho ...

What Happened? Shares of glass and windows manufacturer Tecnoglass (NYSE:TGLS) fell 6.1% in the morning session after the company reported third-quarter 2025 financial results that missed Wall Street's expectations for both revenue and earnings. While the glass and window maker posted quarterly revenue of $260.5 million, a 9.3% increase from the prior year, the figure fell short of analyst forecasts. The company's adjusted earnings of $1.00 per share also failed to meet the expected $1.11 per share and de ...

What Happened? Shares of personal wellness company WeightWatchers (NASDAQ:WW) jumped 10.6% in the morning session after the company reported third-quarter 2025 financial results that surpassed revenue and adjusted profit expectations, despite a significant miss on bottom-line earnings. While total revenue fell 10.8% year-over-year to $172.1 million, the figure still comfortably beat analyst estimates. However, the company reported a GAAP loss of $5.76 per share, which was substantially worse than Wall St ...

What Happened? Shares of aerospace and defense company Redwire (NYSE:RDW) fell 18.4% in the morning session after the company reported third-quarter financial results that missed analyst estimates and lowered its full-year revenue forecast. Redwire announced a GAAP loss of $0.29 per share, wider than the consensus estimate for a loss of $0.15. While revenue grew 50.7% year-over-year to $103.4 million, the figure still fell short of Wall Street's expectation of $132 million. Compounding the negative senti ...

What Happened? Shares of burger restaurant chain Red Robin (NASDAQ:RRGB) jumped 7.8% in the morning session after the company released selected preliminary financial results for its third fiscal quarter of 2025 and announced leadership changes. In a press release, the company described its early, unaudited financial performance for the period. At the same time, Red Robin announced that its Chief Financial Officer, Todd Wilson, would depart effective December 12, 2025. The company also promoted Jesse Griff ...