Sweetgreen cut its full-year outlook after third-quarter results unexpectedly worsened, with the salad chain citing stubbornly weak demand. The shares dropped 18.7%.
Opendoor Technologies shares tanked 18.5% after the online real estate company posted an adjusted loss before interest, taxes, depreciation, and amortization that was much bigger than analysts had anticipated. The red ink is poised to swell in the fourth quarter, with management guiding for an adjusted loss “in the high $40 millions to mid $50 millions,” which is a shade negative compared to Wall Street’s view for adjusted EBITDA of -$47.6 million.
Block missed Wall Street estimates for third-quarter profit amid persistent economic uncertainty and intensifying competition in the payments sector, sparking a 14.9% slide in its shares.
Air taxi maker Archer Aviation reported better-than-expected Q3 loss. The pre-revenue company announced a registered direct offering of 81.25 million shares at a price of $8 per share. The company anticipates net proceeds of $171 million, which will be used to fund a pending acquisition and planned redevelopment of Hawthorne Airport. The shares sank 9.4%.
DraftKings reported revenue and user numbers that missed analysts’ projections at the start of the NFL season and lowered its guidance for the year. The shares sank 8.1%.
USA Rare Earth reported a significant loss for the third quarter of 2025, missing earnings expectations by a wide margin. The shares dropped 7.8%.
U.S. rare earths company MP Materials said its third-quarter loss widened as it stopped sales to Chinese customers as part of an agreement with the U.S. government, although the results surpassed Wall Street expectations. The shares fell 6.1%.
Take-Two shares sank 5% after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026.
Denison Mines reported third quarter EPS of $-0.1062, $0.09 worse than the analyst estimate of $-0.0148. Revenue for the quarter came in at $739.54K versus the consensus estimate of $786.87K. The shares fell 3.5%.