Modine Manufacturing Up; Virgin Galactic Down: Upside, Downside Movers in A.M.

Avatar photo Doug Kass on November 13, 2026

Upside

– $MRLN +40% (Q3 revenue rose 80% year over year, while new U.S. special-operations and autonomous-CASEVAC awards strengthened the defense pipeline)

– $MOD +38% (Samsung reportedly in talks to acquire the data-center cooling supplier, with a potential deal possible within weeks)

– $SLSN +32% (Q3 revenue grew 38% and the company swung to record net income)

– $VTSI +31% (Q3 bookings jumped 87% sequentially, backlog reached $27.6M and a new CBP contract carries up to $14M of value)

– $LFTO +27% (Q3 came well above prior guidance as revenue grew 32% and adjusted EBITDA margin expanded to 61%)

– $NMAX +20% (record underlying revenue and a second consecutive quarter of positive adjusted EBITDA)

– $HAWK +12% (revenue surged 84%, backlog reached $300M and FY revenue and EBITDA guidance was raised)

– $CBRS +11% (Q3 beat, 2026 outlook raised and a new Microsoft partnership announced)

– $SLS +5.8% (Q3 update says the Phase 3 REGAL AML primary-endpoint readout is due this month while Phase 2 SLS009 enrollment reached 40 patients)

– NU +4.7% (record profit, customer growth and improved efficiency outweighed a modest revenue miss)

– $ENVX +3.0% (record gross margin, debt retirement and a 2027 revenue outlook implying 75%–128% growth)

– $PANW +2.6% (KeyBanc upgrades to Overweight, citing accelerating security budgets through 2027)

– $NVDA +1.6% (rebounds as investors reassess the leadership fallout and reports show growing support for Huang to return)

– $TSLA +1.0% (reportedly advancing merger talks with SpaceX, with a potential deal targeted by December)

Downside

– $NPCE -41% (Q3 revenue missed and FY revenue guidance was cut to $91M–$92M from $99.5M–$101.5M)

– $CADL -32% (wider Q3 loss, prostate-cancer BLA timing pushed toward mid-2027 and a new $50M ATM programme)

– $VIR -15% ($150M public offering priced at $10 per share)

– $YSS -12% (Q3 sales missed and fell 7% as the adjusted EBITDA loss widened and a large goodwill impairment hit results)

– $FLO -8.0% (Q3 missed on earnings and revenue and full-year guidance was lowered)

– $SPCE -7.6% (new $250M ATM programme announced alongside the Q3 update)

– $KEP -7.0% (Q3 operating profit fell 71% and missed consensus sharply as fuel and purchased-power costs surged)

– $CSCO -3.4% (quarter beat and FY guidance rose, but sharp product-margin compression and elevated expectations drove a sell-the-news reversal)

– $COIN -2.6%, $MSTR -2.2%, $IREN -1.2% (crypto-linked stocks fall as Bitcoin slides nearly 5%)

– $AMD -2.4%, $AVGO -2.1% (chip rivals give back part of Thursday’s Nvidia-succession rally as investors reassess durable market-share benefits)

– $MSFT -1.2% (global Microsoft 365 outage continues to disrupt Outlook, Teams and Copilot)

NOW Down, EBAY Up: Upside, Downside Movers in the Morning

Avatar photo Doug Kass on October 29, 2026

Upside

– $GKOS +16% (record Q3 sales and a large FY revenue-guidance raise topped expectations)

– $INSM +14% (BRINSUPRI revenue grew 29% sequentially and guidance was raised for both BRINSUPRI and ARIKAYCE)

– $NCLH +12% (Q3 results topped guidance and the FY EBITDA and EPS outlooks were raised)

– $CVNA +8.4% (large Q3 revenue beat and accelerating retail-unit growth outweighed an EPS miss)

– $CMG +8.3% (Q3 comparable sales beat expectations despite a modest profit miss)

– $DASH +6.9% (record GOV, revenue and net income alongside an agreed $17B acquisition of CART)

– $LITE +6.9% (MRVL is reportedly in advanced acquisition talks, with a deal potentially announced next week)

– $EBAY +6.1% (Q3 revenue and GMV growth accelerated, reinforcing improving marketplace momentum)

– $HII +5.6% (record Q3 revenue, $32.4B of contract awards and higher FY shipbuilding-revenue guidance)

– $LLY +5.1% (annual revenue guidance topped expectations)

– $NVS +3.2% (2026 core operating-income guidance was raised despite a drug-trial write-down)

– $RCL +3.5%, CCL +3.0% (cruise names rise after NCLH beat and raised its FY outlook)

– $MSFT +1.1% (strong cash flow and cloud guidance signaled better returns from heavy AI investment)

Downside

– FTNT -27% (headline beat and raised guidance failed to offset sharply slowing product growth and concerns the refresh cycle is fading)

– NOW -19% (strong topline results were overshadowed by softer forward cRPO expectations and unfavorable renewal phasing)

– HLN -14% (Q3 organic sales missed and FY organic-growth guidance was cut to around 2.5%)

– OSK -13% (quarter missed and FY revenue and EPS guidance were cut as fire-truck production problems persisted)

– MRVL -12% (reported talks to acquire LITE sparked concerns over deal cost and execution risk)

– $CAT -11% (quarter beat, but the margin outlook and durability of AI-infrastructure demand fell short of elevated expectations)

– $GOOGL -11% (Q3 profit and revenue missed as softer search advertising and surging AI spending intensified cash-burn concerns)

– $EGO -10% (2026 gold-production guidance was cut and cost outlooks were raised amid a slower Skouries ramp)

– $CTSH -10% (Q3 beat, but the FY revenue-growth outlook narrowed and Q4 growth guidance disappointed)

– $SCI -8.9% (Q3 earnings missed and guidance was cut)

– $ZS -7.1%, $OKTA -7.5%, $PANW -6.8%, $RBRK -6.8%, $CRWD -6.8%, $SAIL -8.0% (cybersecurity names fall on FTNT’s product-growth slowdown and refresh-cycle concerns)

– $NBIS -6.7%, $CRWV -6.4%, $STRL -6.6% (AI-infrastructure names retreat as $GOOGL’s spending surge renews concerns about monetization and cash returns)

– $HUBS -6.5%, $TEAM -6.9%, $CRM -5.8%, $TYL -5.8%, $WDAY -6.1% (enterprise-software names weaken after NOW’s forward cRPO and renewal outlook disappointed)