undamentalytics Newsletter

Big movers

When a stock we cover makes an unusually large move: what the filings confirm, what is only reported, and what it means for value.

Market movers NXT

Nextpower rallies on a record backlog while free cash flow lags

Nextpower shares rose 15.0% on 2026-11-02 with no confirmed company disclosure that session to explain the scale of the move. The gain followed a quarterly earnings beat and raised guidance, even as free cash flow and operating margin both narrowed.

Market movers JAGX

Jaguar Health: growth has slowed

Jaguar Health, Inc. shares closed at $0.82, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers TEM

Tempus AI: growth has slowed

Tempus AI, Inc. is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $1.5 billion, up 36.6% on the year before.

Market movers PROK

Prokidney: growth has slowed

Prokidney Corp. shares closed at $0.96, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers RCT

Redcloud Holdings: growth has slowed

Redcloud Holdings plc shares closed at $0.03, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers ASML

Asml Holding NV: growth has picked up

Asml Holding NV is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $36.9 billion, up 20.8% on the year before.

Market movers EL

The Estée Lauder Companies: growth has picked up

The Estée Lauder Companies is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $15.0 billion, up 5.0% on the year before.

Market movers KOS

Kosmos Energy: growth has picked up

Kosmos Energy Ltd. is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $1.6 billion, up 6.4% on the year before.

Market movers MAR

Marriott International: growth has picked up

Marriott International is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $27.4 billion, up 5.8% on the year before.

Market movers COUR

Coursera: growth has picked up

Coursera, Inc. shares closed at $3.47, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers RDDT

Reddit: growth has slowed

Reddit, Inc. shares closed at $91.73, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers ZONE

Zone Frontier: growth has slowed

Zone Frontier Inc. shares closed at $3.80, their lowest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers CPRI

Capri raises its outlook as full-price sales strengthen

Capri shares rose 16.3% after stronger margins and a higher outlook supported hopes of recovery at Michael Kors and Jimmy Choo. Earlier wholesale shipments helped revenue, leaving a test for the next quarter.

Market movers CDNA

Caredx: growth has picked up

Caredx, Inc. shares closed at $87.50, their highest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers EMN

Eastman Chemical Co: growth has picked up

Eastman Chemical Co is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $9.0 billion, up 0.3% on the year before.

Market movers GDDY

Godaddy: growth has slowed

Godaddy Inc. is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $5.2 billion, up 6.4% on the year before.

Market movers GDYN

Grid Dynamics Holdings: growth has slowed

Grid Dynamics Holdings, Inc. shares closed at $13.36, their highest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers OSPN

Onespan: growth has picked up

Onespan Inc. shares closed at $25.66, their highest level in a year. Here is how the price compares with the company's own figures and our model's value.

Market movers RMD

ResMed earnings rise as operating margin and cash flow weaken

ResMed shares fell 9.1% after results showed weaker operating margin and cash generation alongside higher earnings. Those pressures offer a plausible explanation, but the specific cause of the sell-off remains unconfirmed.

Market movers TWLO

Twilio shares fell 15.2%: organic growth outlook slows

Twilio shares fell 15.2% after its organic growth outlook signalled a slowdown. Quarterly revenue rose 19.9%, while stronger profitability offered a counterweight to concerns about demand.

Market movers MMSI

Merit Medical Systems: growth has slowed

Merit Medical Systems Inc is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $1.6 billion, up 9.1% on the year before.

Market movers REGN

Regeneron Pharmaceuticals: growth has picked up

Regeneron Pharmaceuticals is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $16.9 billion, up 18.6% on the year before.

Market movers PINS

Pinterest: growth has slowed

Pinterest, Inc. is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $4.7 billion, up 15.4% on the year before.

Market movers RDDT

Reddit: growth has slowed

Reddit, Inc. is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $3.1 billion, up 62.2% on the year before.

Market movers SYK

Stryker: profit is outgrowing sales

Stryker Corporation is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $26.3 billion, up 7.9% on the year before.

Market movers JBLU

Jetblue Airways: growth has picked up

Jetblue Airways Corp is drawing far more news coverage than usual. Its own filings show twelve-month revenue of $10.0 billion, up 9.9% on the year before.

Market movers CLMB

Climb Global's record quarter sends shares sharply higher

Climb Global Solutions shares rose 26.8% on 29 October 2026 after record third-quarter results, with net sales up 37% and net income up 69% from a year earlier. The advance was the stock's largest one-day gain since 30 October 2015.

9.4% Revenue growth (TTM)

Market movers FFIV

F5's FY2027 growth guidance follows margins that were already slipping

F5 guided fiscal 2027 revenue growth of up to 9% after a fourth-quarter print that sent shares lower. Its own trailing data show growth already slowing and a free cash flow margin at a 39th-percentile reading, down 2.3 percentage points year on year.

+896.1% Net income growth (TTM YoY)

Market movers MGM

MGM Resorts' 896.1% profit jump isn't showing up in its cash flow

MGM Resorts' trailing net income rose 896.1% over the past year, but free cash flow grew just 2.2% and operating cash flow fell 9.1%, a gap the earnings-season coverage has largely skipped over.

−12.0% Free cash flow change

Market movers ETSY

Is Etsy's earnings growth backed by cash flow?

Etsy's revenue and operating margin improved through fiscal Q3. Free cash flow fell 12.0% while net income surged, leaving earnings growth ahead of cash generation.

−7.1% Session move

Market movers AIT

Why Applied Industrial Technologies shares fell 7.1% on Tuesday

Applied Industrial Technologies fell 7.1% after reporting fiscal first-quarter results. The release raised EPS guidance, while sales and EBITDA margin guidance stayed unchanged, leaving the market’s reason for the decline unconfirmed.

Market movers BA

Why Boeing shares fell 9.0% on Tuesday

Boeing’s quarterly results offer the clearest explanation for the fall: an improving headline loss sat alongside continuing pressure in commercial aircraft, including higher projected production costs.

Market movers BAH

Why Booz Allen Hamilton shares jumped 8.1% on Monday

Booz Allen Hamilton shares rose 8.1% on Monday, two sessions after a profit beat and raised earnings guidance that followed a revenue decline. Volume was thin, and no new disclosure accompanied the rally, leaving the exact trigger unconfirmed.

Market movers WELL

Why Welltower shares fell 6.0% today

Welltower fell 6.0% after its quarterly results and higher full-year guidance. The clearest explanation is unidentified: earlier reports described mixed reactions to the release.

−17.8% Free cash flow growth (TTM)

Market movers HCA

HCA's Q3 beat follows a quarter where cash flow fell as profit rose

HCA Healthcare's third-quarter 2026 results, released today, drew a wave of headlines about a revenue beat. The company's most recent full filing, covering the second quarter, showed free cash flow falling as net income rose, a divergence the new print hasn't yet been tested against.

17.3% Trailing revenue growth

Market movers RMBS

Rambus's earnings beat conceals a shrinking cash margin

Rambus beat Q3 estimates and fell anyway, according to reports. Its own trailing figures show free cash flow margin down 3.8 percentage points to 39.3%, even as revenue growth held at 17.3%.

Market movers CTOS

Why Custom Truck One Source shares jumped 13.9% today

Custom Truck One Source shares jumped 13.9% on Tuesday after the company raised its full-year earnings guidance for the third time this year and cut net leverage to 3.7 times, even as quarterly revenue missed forecasts according to a report.

Market movers LECO

Why Lincoln Electric shares jumped 8.4% on Tuesday

Lincoln Electric shares rose 8.4% on 27 October after third-quarter results topped revenue and profit expectations, the sharpest gain of this kind in more than a year, on lighter than usual trading.

Market movers ABG

Why Asbury Automotive shares rose 10.4% on Tuesday

Asbury Automotive shares rose 10.4% on 27 October even though third-quarter earnings and revenue came in below analyst estimates. The clearest positive in the release was a completed dealer-system rollout and margin gains at its longest-converted stores.

−6.9% Session move

Market movers AWI

Why Armstrong World shares fell 6.9% on Tuesday

Armstrong World fell 6.9% after reporting third-quarter growth alongside cost pressures and a lower adjusted EBITDA margin. The results offer a plausible catalyst, though no source confirms the market’s reason.

14.7% Session move

Market movers HRI

Why Herc Holdings shares rose 14.7% today

Herc’s quarterly release pointed to stronger rental demand and raised full-year guidance. The shares’ move was confirmed, but the evidence does not prove which disclosure drove it.

Market movers SOFI

Why SoFi shares rose 13.7% today

SoFi’s results and higher guidance are the clearest explanation for the move. The company reported record third-quarter revenue and raised its outlook; the share rise was far larger than its usual daily move.

12.0% Session move

Market movers PNR

Why Pentair shares rose 12.0% on Tuesday

Pentair reported third-quarter results before the session. A reported earnings beat and steadier guidance offer the clearest explanation for the rise, although sales, adjusted earnings and free cash flow weakened.

Market movers CLW

Why Clearwater Paper shares fell 19.9% today

A sharp fall followed third-quarter results that showed lower sales and an Augusta mill disruption continuing into October, despite higher adjusted EBITDA and improved selling prices.

13.5% Session move

Market movers HWKN

Why Hawkins shares jumped 13.5% on Tuesday

Hawkins’ fiscal second-quarter results offer the clearest explanation: record sales and earnings, though the filing also flags costs that could temper the trend.

Market movers SXC

Why SunCoke Energy shares rose 12.3% on Tuesday

SunCoke’s third-quarter release raised its full-year outlook, with management expecting adjusted EBITDA to modestly exceed the high end of its guidance range. The shares rose 12.3%.

Market movers UNF

Why UniFirst shares fell 15.4% on Tuesday

UniFirst’s sharp fall has no identified catalyst in the available company news. The move was far larger than its usual daily change, while recent cash-flow and margin trends were weak.

−8.2% Share move

Market movers XYL

Why Xylem shares fell 8.2% on Tuesday

Xylem cut its 2026 revenue and adjusted earnings outlook after reporting lower third-quarter revenue. The results are the clearest explanation for the confirmed fall in its shares.

Market movers FICO

Why Fair Isaac shares fell 13.2% on Monday

Fair Isaac shares fell 13.2% on 26 October after the company said it would hold its wholesale mortgage credit-score price at $10, a decision reports tied directly to the drop.

Market movers RRC

Why Range Resources shares jumped 17.7% on Monday

Range Resources rose 17.7% after EQT agreed to acquire it in an all-stock merger confirmed in a same-day SEC filing. The move dwarfs Range's typical daily swing and arrived on volume far above normal.

+6.7% Share move

Market movers REXR

Why Rexford Industrial shares jumped 6.7% on Friday

Rexford filed third-quarter results the day before its shares rose. The move was unusually large, while the company’s latest available operating data showed slowing revenue growth.

+77.1% Free cash flow growth

Market movers EQT

What EQT’s filings say about the Range Resources deal

Reports put a $50 billion all-stock Range Resources transaction at the centre of attention. EQT’s FY2026 Q2 figures show strong cash generation, but cannot establish the deal’s financing or expected contribution.

Market movers CART

Why Maplebear shares rose 9.2% on Friday

Maplebear shares rose 9.2% on Friday, but available reporting does not identify a specific catalyst. The move was unusually large against the stock’s recent trading and the wider market.

7.1% Share-price move

Market movers SLB

Why Schlumberger shares jumped 7.1% on Friday

Schlumberger's stock rose sharply the day the company reported third-quarter results showing broad sequential growth and a strengthened 2027 outlook, even as year-on-year profitability slipped.

up 8.1% Session move

Market movers WFRD

Why Weatherford shares jumped 8.1% on Friday

Weatherford’s quarterly release reported stronger sequential earnings and cash flow, alongside weaker year-on-year revenue. The move was unusually large for the stock, though trading volume was below its recent average.

−8.0% Session move

Market movers T

Why AT&T shares fell 8.0% on Friday

AT&T's shares dropped 8.0% after its quarterly filing showed a GAAP earnings slump from a large impairment charge, with free cash flow falling at a slower pace than profit.

16.0% TTM revenue growth

Market movers CORT

Why Corcept Therapeutics shares fell 20.1% on Friday

No filing, company release or report explains Corcept’s sharp fall on 23 October. The move was far larger than its typical daily change and came as recent cash flow and margins weakened.

+9.1% Session move

Market movers CCI

Why Crown Castle shares jumped 9.1% on Friday

Crown Castle’s 8-K reported third-quarter results and a higher full-year outlook. The filing gives investors company-confirmed news to assess alongside a large, high-volume move.

fell 6.7% Session move

Market movers GNTX

Why Gentex shares fell 6.7% on Friday

Three reports pointed to Gentex’s third-quarter results, including a report that earnings and revenue missed estimates. The company had not confirmed that explanation in an SEC filing by publication.

fell 7.3% Session move

Market movers SSNC

Why SS&C shares fell 7.3% on 23 October

SS&C reported higher quarterly revenue and adjusted earnings, but its guidance and a refinancing milestone were also in focus after shares fell sharply.

fell 7.7% Session move

Market movers TMUS

Why T-Mobile shares fell 7.7% on Friday

Reports pointed to SpaceX’s wireless plans as a possible source of pressure, but T-Mobile has not confirmed a cause. The fall was unusually large against the stock’s recent moves.

8.1% Session move

Market movers WFRD

Why Weatherford shares jumped 8.2% on Friday

Weatherford’s third-quarter release reported sequential growth in operating income and cash flow, while revenue remained lower year on year. The move was much larger than its usual daily change.

-10.8% Share price move

Market movers SLM

Why SLM shares fell 10.8% on 23 October

Sallie Mae's shares fell 10.8% after it posted a GAAP net loss and cut its full-year earnings guidance, citing credit costs tied to record loan originations and third-party debt-collection problems.

+26.1% Share price move

Market movers UWMC

Why UWM Holdings shares jumped 26.1% on Friday

UWM Holdings shares rose 26.1% on 23 October after a preliminary third-quarter profit report and a debt plan covered by financial media. The company has not issued its own statement confirming the cause.

−6.9% Share price move

Market movers FR

Why First Industrial Realty Trust shares fell 6.9% on Thursday

First Industrial Realty Trust shares dropped 6.9% on 22 October, a day after third-quarter results and raised guidance. Trading volume ran well above average and the move was the largest in that direction since April 2025.

8.2% Share-price move

Market movers RITM

Why Rithm Capital shares jumped 8.2% on 23 October

Rithm Capital shares closed up 8.2% after third-quarter results, a move reports tied to an earnings beat but which the company has not itself confirmed as the cause.

205.6% Free cash flow growth (TTM YoY)

Market movers FIX

What Comfort Systems' filings say about its earnings-day slide

Comfort Systems shares fell on results day even as coverage surged. The company's own SEC filings show free cash flow growing more than twice as fast as net income, and a revenue figure the headlines don't fully explain.

64.6% FCF growth, TTM YoY

Market movers NEM

What Newmont's filings say about its record profit quarter

Coverage framed Newmont's quarter around a share-price fall despite record profit. Its SEC filings show free cash flow growing far faster than net income, pushing the cash margin to a new high.

−20.6% Share price move

Market movers CRS

Why Carpenter Technology shares fell 20.6% on Thursday

Carpenter Technology shares fell 20.6% on 22 October after record first-quarter operating income was overshadowed by a swing to negative free cash flow and, according to reports, a revenue figure that missed estimates.

−15.3% Session move

Market movers GGG

Why Graco shares fell 15.3% on 22 October

Graco's stock fell 15.3% on 22 October, its biggest decline since October 2019, a day after third-quarter results. Reports link the slide to margin pressure in the results; Graco has not confirmed the cause.

-22.5% Share-price move

Market movers LKQ

Why LKQ shares fell 22.5% on 23 October

LKQ Corp shares dropped 22.5% on 23 October after reports linked the move to weak preliminary third-quarter results and a chief executive change, a far larger swing than the stock's typical daily move.

14.4% Share-price move, 22 Oct

Market movers POOL

Why Pool Corp shares jumped 14.4% on Thursday

Pool Corporation's shares rose 14.4% on 22 October after its 8-K confirmed third-quarter results and held full-year guidance, even as free cash flow and operating income both fell.

205.6% Free cash flow growth (TTM YoY)

Market movers FIX

What Comfort Systems' filings say about the CFO exit and cash flow swing

A CFO retirement at Comfort Systems coincided with a sharp drop in the stock and a flurry of coverage in a single day. The company's own SEC filings show free cash flow and revenue moving in opposite directions, a pattern the headlines have not addressed.

2.5% Revenue growth, TTM YoY

Market movers SLB

What Schlumberger's filings say about the cash flow behind its Q3 beat

Six stories in a day covered Schlumberger's third-quarter beat and its data-centre ambitions. The filings show a company whose free cash flow has been essentially flat while net income has fallen sharply over the past year.

−15.4% Share price move

Market movers MSM

Why MSC Industrial shares fell 15.4% on Thursday

MSC Industrial's shares fell 15.4% on 22 October 2026 after fiscal fourth-quarter diluted earnings per share dropped 15.8% on an impairment charge, even as net sales hit a record $1,079.2 million.

18.1% Net margin (TTM)

Market movers CB

What Chubb's filings say about its Q3 earnings coverage spike

Chubb drew a wave of coverage after its third-quarter report. The SEC-derived numbers behind the headlines show where margin, cash flow and share count actually moved, and where the filings stay silent.

+6.77% Share price move

Market movers KHC

Why Kraft Heinz shares rose 6.77% as packaged-food peers rallied too

Kraft Heinz shares rose 6.77% to $25.09 on 22 October 2026 as the wider packaged-food group moved the same way, a day the S&P 500 fell 1.18% and the Nasdaq 100 fell 2.86%, pointing to a sector-wide rather than market-wide move.

42.8% Free cash flow growth

Market movers GME

GameStop insiders bought shares as cash flow grew

Three directors and executives made open-market purchases reported on Form 4. GameStop's cash generation improved, while revenue contracted and diluted share count rose.

7.90% Session move

Market movers WFRD

Why Weatherford shares jumped 7.90% on Wednesday

Weatherford’s results filing gives a clear earnings catalyst for the move. Its cash-flow and margin figures show a mixed operating picture behind the strong session.

$132.4bn Capital expenditure (TTM)

Market movers GOOGL

What Alphabet's filings say about its AI infrastructure spending

A burst of coverage this week ties Alphabet to the scale of AI infrastructure spending across the industry. Its own filings show capital spending growing far faster than revenue, and free cash flow near its lowest margin on record even as net income surges.

77.8% Revenue growth, TTM YoY

Market movers SMCI

What Supermicro's filings say about its AI demand and margin debate

Coverage of Supermicro spiked on 21 October 2026 around a preliminary quarter update and a sell-side debate over AI demand and margins, according to several reports. Our filings, which predate that update, show revenue growth accelerating and free cash flow deeply negative.