ADT's stock surged approximately 34% following the announcement of its acquisition by Thrive Holdings in a $15.3 billion all-cash deal, expected to close in the first quarter of 2027. Glaukos shares rose 32% after reporting third-quarter revenue of $211 million, exceeding the FactSet consensus of $168 million, and raising its full-year revenue guidance.
Textron's stock increased nearly 15% on better-than-expected third-quarter earnings of $1.76 per share, surpassing the $1.43 estimate, along with an improved full-year earnings outlook. Boot Barn saw a nearly 14% jump in shares after reporting second-quarter earnings of $1.73 per share on revenue of $581.8 million, both beating analyst expectations.
In contrast, Sprouts Farmers Market's stock fell 22% after its third-quarter results missed expectations, leading to a lowered full-year earnings outlook. Alphabet's shares dropped close to 12% due to a negative free cash flow of $9.07 billion and missed revenue estimates.
Caterpillar's stock slid over 7% despite reporting earnings and revenue that beat expectations, as sales in its construction business fell short. DoorDash announced its acquisition of Maplebear for $65 per share, leading to a 4% rise in its stock, while Maplebear's shares declined nearly 2%.
Eli Lilly's shares increased 6% after reporting adjusted earnings of $7.48 per share, significantly above the $6.26 consensus estimate. Other notable movements included a 26% surge in Crocs shares after strong earnings and guidance, and a 21% drop in Fortinet shares despite beating expectations, attributed to lower gross margins.
Overall, these movements reflect how earnings performance and strategic corporate actions can significantly influence stock prices