Key Highlights

  • Digital Turbine slid 35.58% to USD 7.28 and Evolution Metals & Technologies slid 37.84% to USD 1.36 on November 10, 2026, the two steepest drops among five decliners valued above USD 500 million.
  • EquipmentShare lost 20.85% to USD 12.83 with no catalyst identified in published coverage, while Groupon lost 20.12% to USD 12.98 after third-quarter Revenue growth of 2% and adjusted EBITDA of USD 14.7 million.
  • Goosehead Insurance lost 16.86% to USD 45.47 following an 8-K Item 4.02 restatement notice on November 9, 2026, even with preliminary third-quarter revenue of USD 108.8 million to USD 110.8 million.
  • Snapshot market values were USD 3.26 billion for EquipmentShare, USD 1.61 billion for Goosehead, USD 886.14 million for Digital Turbine, USD 849.86 million for Evolution Metals and USD 527.84 million for Groupon.

EquipmentShare (NASDAQ:EQPT): Down 20.85% With No Catalyst Identified in Published Coverage

EquipmentShare (NASDAQ:EQPT) was priced at USD 12.83 in the regular session on Tuesday, November 10, 2026, a fall of 20.85% from a calculated prior close of USD 16.21, or USD 3.38 per share. Trading was 1.91 million shares at a relative Volume of 0.62, so a steep decline came on below-average activity. The company said it would report third-quarter 2026 results on November 9, but the figures were not retrieved, so published coverage identifies no catalyst. As general context, rental and equipment names often drop after results when guidance is trimmed or Capital spending climbs faster than expected. These are general mechanisms, not confirmed causes. Market Value is USD 3.26 billion and the P/E is 97.12 on trailing EPS of USD 0.13. Second-quarter revenue was USD 1,449 million, up 26%, with net Leverage of 3.0 times, so Debt Financing leaves EquipmentShare (NASDAQ:EQPT) exposed to interest costs, and nothing here suggests the move will continue or reverse.

Goosehead Insurance (NASDAQ:GSHD): Down 16.86% on a Restatement Notice and a Delayed Earnings Release

Goosehead Insurance (NASDAQ:GSHD) finished at USD 45.47, a fall of 16.86% from a calculated prior close of USD 54.69, or USD 9.22 per share. After the close on November 9, 2026 the company put out preliminary third-quarter figures, with revenue of USD 108.8 million to USD 110.8 million, and filed an 8-K Item 4.02 notice about a restatement spanning fiscal 2023, 2024 and 2025. The restatement notice was the catalyst, and the full earnings release carries no date. Full-year guidance was reaffirmed at 12% to 19% organic revenue growth. Premium retention was 87% versus 93% a year earlier. Market value is USD 1.61 billion, the P/E is 33.13 and volume was 171,230 shares, 0.46 times the average. Cash was USD 32.8 million against notes payable of USD 322.3 million, so amended filings that depart from the preliminary view, or another delay, are the specific risks for Goosehead Insurance (NASDAQ:GSHD). The move does not signal that the shares will keep sliding or rebound.

Digital Turbine (NASDAQ:APPS): Down 35.58% on Margin Compression and Flat EBITDA Guidance

Digital Turbine (NASDAQ:APPS) finished at USD 7.28, a fall of 35.58% from a calculated prior close of USD 11.30, following fiscal second-quarter results released on November 9, 2026. Revenue grew 27% to USD 178.7 million, ahead of a USD 166.75 million consensus, but adjusted gross margin eased to 43% from 47% and fiscal 2027 adjusted EBITDA guidance held at USD 145 million to USD 155 million. Published coverage linked the decline to margins and the profit outlook, which is general context, not a confirmed single cause. The company also revised the June 2026 quarter for USD 3.5 million of understated revenue share expense and flagged a material weakness in internal control. Trading was 7.64 million shares at a relative volume of 1.94, and market value is USD 886.14 million. Total debt near USD 353.6 million against cash of USD 51.6 million and a Beta near 3.03 are the specific risks for Digital Turbine (NASDAQ:APPS), and nothing here suggests the move will continue.

Evolution Metals & Technologies (NASDAQ:EMAT): Down 37.84% on a Missed Debenture Redemption

Evolution Metals & Technologies (NASDAQ:EMAT) finished at USD 1.36, a fall of 37.84% from a calculated prior close of USD 2.19. The catalyst is a November 9, 2026 release from lender Yorkville, which said the company did not pay USD 34,672,219.18 owed on two debentures, an Event of Default that raises the Interest Rate to 18% a year. Yorkville also said the company pulled a proposed underwritten offering and that it may accelerate the debt, convert it into common stock and sell shares. This is the lender's account, and the company's reply was not in the material reviewed. Trading was 1.1 million shares at a relative volume of 1.46, roughly USD 1.50 million at the close (calculated). The snapshot market value of USD 849.86 million implies about 625 million shares (calculated) and is unconfirmed. Trailing EPS is USD -1.01. A few trades can move Evolution Metals & Technologies (NASDAQ:EMAT), dilution is a risk, and nothing here suggests the move will continue.

Groupon (NASDAQ:GRPN): Down 20.12% on Third-Quarter Results and Soft Guidance

Groupon (NASDAQ:GRPN) lost 20.12% to USD 12.98 after third-quarter results released on November 9, 2026, from a calculated prior close of USD 16.25. Revenue grew 2% and billings 6%, while adjusted EBITDA slipped to USD 14.7 million from USD 17.5 million and free Cash Flow was negative USD 45.8 million. The probable driver is slowing growth and a fourth-quarter revenue outlook of USD 133 million to USD 136 million, though no published coverage confirmed a single cause. As general context, stocks drop when profit shrinks even as revenue grows. Trading was 886.03 thousand shares at a relative volume of 0.85, and market value is USD 527.84 million, with cash of USD 177.4 million. Trailing diluted EPS is negative USD 3.11. Convertible notes and a thin float, where a few trades can move the price, are the specific risks for Groupon (NASDAQ:GRPN), and nothing here suggests the move will continue.

Where Things Stand

The five largest decliners above USD 500 million in market value on November 10, 2026 were EquipmentShare, Goosehead Insurance, Digital Turbine, Evolution Metals & Technologies and Groupon, with Evolution Metals out front at 37.84%. The shared feature is a late November 9 report, notice or lender release, or none at all, followed by a gap lower in a published screener snapshot of the regular session on November 10, 2026. Large one-day drops in thinly traded names can reverse because a few orders set the price, and later filings or funding news can change the picture fast.