Snap-on
The tool maker saw a rise of over 3% after reporting third-quarter earnings that exceeded expectations. This boost was attributed to increased demand from auto parts companies and repair shops. Snap-on earned $5.02 per share on revenue of $1.19 billion, surpassing analysts’ predictions of $4.64 per share on revenue of $1.16 billion, according to FactSet.
F5
In contrast, the Seattle-based cybersecurity provider experienced a significant drop of more than 11%. This decline followed the disclosure that a nation-state actor had gained access to its systems, with sources indicating that the breach could be catastrophic, as reported by Bloomberg News.
ManpowerGroup
The staffing firm fell by 7%, marking its largest one-day drop since May, despite reporting better-than-expected third-quarter results. The company earned 83 cents per share, excluding certain items, on revenue of $4.63 billion, while analysts had anticipated a profit of 81 cents per share on revenue of $4.6 billion.
Micron Technology
The chipmaker saw an increase of over 5% after UBS raised its price target, citing that Micron would benefit from a memory chip shortage. Over the month, shares have risen more than 21%.
Triumph Financial
Triumph Financial’s stock rallied by 7% following the announcement of a $30 million share repurchase program. The bank also addressed investor concerns regarding its exposure to auto lender Tricolor, which recently declared bankruptcy. In a release, Triumph stated, “We believe we remain adequately secured. Our collateral is of a different nature than lenders who may take the largest losses.”
J.B. Hunt Transport Services
The trucking and logistics company surged more than 19% on the back of strong quarterly results. In the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion, exceeding analysts’ expectations of $1.46 per share on revenue of $3.03 billion. Rival truckers Schneider National and Werner Enterprises also saw gains between 2% and 3%.
Salesforce
The customer relationship software vendor climbed 4% after announcing its expectation for revenue to exceed $60 billion by 2030, surpassing analysts’ projections of $58.37 billion.
United Airlines
Conversely, shares of United Airlines fell nearly 9% after the carrier reported $15.23 billion in third-quarter revenue, which fell short of the LSEG consensus estimate of $15.33 billion. However, United did earn an adjusted $2.78 per share, beating expectations of $2.62 per share.
Arm Holdings and Meta Platforms
Arm shares rose about 1% following a multiyear deal with Meta aimed at enhancing AI efficiency across various computing layers. Meta’s shares also saw a slight increase.
Travelers Companies
The insurance company, part of the Dow Jones Industrial Average, experienced a decline of about 3% due to mixed third-quarter results. While core earnings per share of $8.14 surpassed the LSEG consensus of $6.35, revenueof $11.47 billion fell short of the consensus estimate of $11.81 billion.
Hewlett Packard Enterprise
The server and supercomputer maker faced an 11% drop in its stock price due to disappointing guidance for the fiscal year ending October 31, 2026. HPE projected adjusted earnings per share to be between $2.20 and $2.40, compared to an analyst consensus estimate of $2.40. Additionally, HPE indicated revenue growth expectations of 5% to 10%, while analysts had anticipated a growth rate of 17%.
— CNBC’s Alex Harring, Lisa Han, Christina Cheddar Berk, and Spencer Kimball contributed reporting.
