Key Highlights

  • Corteva (NYSE:CTVA) lost about 7% to 8% in extended trading on November 11, 2026, as Brazilian weakness pulled Latin America sales down 28%.
  • Lightwave Logic tumbled 27.8% after hours on November 10 when Volume production moved to 2028 from 2027.
  • Rigetti gave up about 9% on a Revenue shortfall, Spire Global slid about 12% on a reduced outlook, and Digi International sank about 15% on a cautious near-term view.
  • The troubles differ widely, from a postponed system acceptance to Supply chain costs and strained farm credit.

1. Digi International (NASDAQ:DGII)

Digi International (NASDAQ:DGII) lost about 13.5% to 15% in extended trading on November 11, having ended the regular session 2.94% higher at USD 66.96. The headline numbers were strong: fiscal fourth-quarter revenue grew 25% to a record USD 143.3 million, and adjusted Earnings of USD 0.78 per share topped the USD 0.76 consensus. Annual Recurring Revenue hit a record USD 197 million, up 30%, adjusted EBITDA climbed 43% to USD 41.7 million, and fiscal 2026 revenue gained 24% to USD 535 million. Investors were looking ahead instead. Management expects first-quarter adjusted EBITDA to land under the fourth quarter, pointing to supply chain and memory cost pressure, seasonal expenses and a sluggish start in the products business. The first-quarter targets are revenue of USD 140 million to USD 144 million and adjusted earnings of USD 0.71 to USD 0.75, while fiscal 2027 revenue growth is guided to 10% to 15%, well below 24%. Of the five, this problem is the easiest to repair. Component costs and timing are to blame, not vanishing demand. The pipeline stands at a record, net Debt dropped to about USD 39 million, and the goal of about USD 200 million in recurring revenue was restated. An Acquisition worth USD 130 million is pending and brings some integration risk.

2. Corteva (NYSE:CTVA)

Corteva (NYSE:CTVA) declined about 7% to 8% in extended trading on November 11 after finishing the regular session 0.25% lower. It was the first Quarterly Report since the company split its businesses. Third-quarter net sales dropped 9% to USD 1.591 billion, under forecasts near USD 1.76 billion, as prices slid 7% and volumes eased 2%. Brazil explains the shortfall. Latin America sales plunged 28% to USD 570 million because farmers held off buying amid tight Liquidity and costly financing, distributors were still clearing heavy inventory, and older crop protection chemistries met generic price competition. Elsewhere the picture was healthy: North America grew 7%, Europe, the Middle East and Africa grew 12% and Asia Pacific grew 3%. Adjusted EBITDA slid 17% to USD 222 million and adjusted earnings tumbled 57% to USD 0.06 per share. The 2026 outlook was revised to adjusted EBITDA of USD 1.1 billion to USD 1.125 billion and adjusted earnings of USD 0.76 to USD 0.80 per share, which many read as a reduction, and a Manufacturing restructuring will bring charges of about USD 130 million to USD 140 million. Results over nine months held up better, so the damage is concentrated. Working off Brazilian inventory and steadying prices would repair most of it.

3. Spire Global (NYSE:SPIR)

Spire Global (NYSE:SPIR) slipped about 12% in extended trading on November 10 after a third-quarter miss and a reduced 2026 outlook. Revenue grew 42% to about USD 18.0 million, or 77% once a maritime Business sold in 2025 is excluded, and the adjusted EBITDA loss narrowed to USD 8.6 million from USD 11.8 million. Management tightened 2026 revenue guidance to USD 75 million to USD 80 million from USD 75 million to USD 85 million, leaving a midpoint under the roughly USD 80 million consensus, and the adjusted EBITDA loss range of USD 27.4 million to USD 32.4 million is broader than hoped. Non-GAAP Earnings Per Share guidance is being dropped. Positives are not hard to find. Gross Margin rose to 46% from 37%, NOAA contracts worth USD 33.2 million and USD 28 million were won, remaining performance obligations total USD 175.4 million, and a preliminary 2027 revenue range of USD 96 million to USD 106 million points to growth of roughly 25% to 35%. With USD 78.0 million in cash and securities and no debt, funding pressure is lighter. Because government revenue arrives unevenly, the open question is whether the reduction reflects timing or softer demand.

4. Rigetti Computing (NASDAQ:RGTI)

Rigetti Computing (NASDAQ:RGTI) retreated about 7% to 9% in extended trading on November 10. Third-quarter revenue shrank 27.5% to USD 1.4 million, far below the USD 3.5 million analysts had projected, since a system delivery planned for the period never closed. Across nine months, revenue rose about 110% to USD 10.9 million, so most of the gap is a matter of timing, and the adjusted loss of USD 0.06 per share matched forecasts. Technical progress is real: the 108-qubit Cepheus-1 system reached 99.5% median two-qubit gate fidelity, hitting the company's own target. Finances look sturdy too, with about USD 497.1 million of cash and investments, no debt and an agreement for up to USD 100 million of federal CHIPS Act funding. The catch is 2026 revenue guidance of about USD 20 million, which hinges on a customer signing off on the system built for India's advanced computing centre in the fourth quarter. A slip would leave full-year sales well short and push revenue into 2027. So the fix rests on one event the company does not fully control. It also has to prove that government-backed programmes can become repeat commercial orders and not one-time research purchases.

5. Lightwave Logic (NASDAQ:LWLG)

Lightwave Logic (NASDAQ:LWLG) plunged 27.8% after hours on November 10 to USD 3.17, following a 10.6% drop to USD 4.39 in the regular session, and it was still off about 24% early on November 11. During its call, management moved volume production of its electro-optic polymer modulators to 2028 from 2027, blaming longer foundry schedules and qualification cycles at customers and partners. The polymers switch light fast with little power and target modulators inside AI Data Center transceivers. With no meaningful revenue, the valuation depends on milestones, which makes a year of delay costly. Development-stage firms pay their way from cash reserves and new share sales, so a later launch raises dilution risk and hands rival technologies extra time to secure design wins. No complete quarterly table was available during the call, so traders were reacting only to the schedule news. Partner timelines, not a technical failure, are cited, and Demand for faster optical links keeps expanding. Even so, trust in its schedules now counts as much as the technology, and heavy retail ownership can speed up selling. Interim milestones in 2027 would help restore confidence.

Where Things Stand

Digi International has the most fixable problem among the top 5 after-hours losers, as it comes from near-term supply chain and memory costs and not weak demand, and the company posted record revenue with recurring revenue up 30%. Corteva's Brazil weakness and Spire's government timing could also be repaired, though with less certainty. Rigetti hinges on one system acceptance, and Lightwave Logic faces a year of delay without revenue to soften it. Canadian investors should watch Digi's first-quarter results and Rigetti's fourth-quarter C-DAC acceptance.