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Why Post (POST) Stock Is Down Today
Shares of packaged foods company Post (NYSE:POST) fell 3% in the afternoon session after the company announced it intended to commence a private offering of $1.3 billion in senior notes due in 2036. The offering was subject to market and other conditions. Post planned to use the money raised to pay back all of its outstanding 5.50% senior notes that were due in 2029, covering any associated costs and fees. Any leftover funds could be used for general company purposes, such as acquisitions or other debt repayment. The move came as the broader stock market also started the month on a weak note, with major indices falling, which may have added to the negative investor sentiment.
Leggett & Platt (LEG) Shares Skyrocket, What You Need To Know
Shares of manufacturing company Leggett & Platt (NYSE:LEG) jumped 15.2% in the afternoon session after bedding manufacturer Somnigroup International proposed to acquire the company in an all-stock deal valued at about $1.6 billion. Under the terms of the unsolicited proposal, Leggett & Platt shareholders would receive Somnigroup common stock valued at $12.00 for each share they owned. This price represented a 30.3% premium to Leggett & Platt's average closing price over the previous 30 trading days. Leggett & Platt confirmed it received the non-binding offer and its Board of Directors planned to carefully review it with financial and legal advisors. The company also told its shareholders that no action was needed at the time.
DoorDash (DASH) Stock Is Up, What You Need To Know
Shares of on-demand food delivery service DoorDash (NYSE:DASH) jumped 4.3% in the afternoon session after a director at the company and partner at a major investor, Sequoia Capital, purchased approximately $100 million worth of its shares.
Chegg (CHGG) Stock Trades Down, Here Is Why
Shares of online study and academic help platform Chegg (NYSE:CHGG) fell 8.7% in the afternoon session after the Federal Trade Commission (FTC) took action against peer company Illuminate Education, Inc. over a major data breach. The FTC's complaint alleged that Illuminate's security failures led to a hack that exposed the personal data of more than 10 million students. This news raised concerns among investors about the possibility of increased regulatory scrutiny and data security issues across the entire education technology industry. The action against a fellow company in the sector appeared to negatively affect investor confidence in other education technology stocks.
Why Dave (DAVE) Shares Are Sliding Today
Shares of digital banking platform Dave (NASDAQ:DAVE) fell 7.6% in the afternoon session after investor sentiment soured following significant stock sales by company insiders and a recent ratings downgrade. Negative sentiment was driven by reports of substantial open-market selling from key executives. Over the previous year, insiders sold $91.3 million worth of Dave stock in high-impact transactions. Adding to the concerns, Weiss Ratings downgraded Dave Inc. from a 'buy' rating to a 'hold' rating on November 24, 2025. These events created a negative outlook for the stock among investors, contributing to the decline in its share price.
Why Shopify (SHOP) Stock Is Down Today
Shares of e-commerce platform Shopify (NYSE:SHOP) fell 3.9% in the afternoon session after technical issues caused a merchant-facing outage on Cyber Monday, one of the most critical sales days of the year.
The Pennant Group (PNTG) Stock Trades Up, Here Is Why
Shares of senior living provider The Pennant Group (NASDAQ:PNTG) jumped 4.5% in the afternoon session after the stock drew attention amid a positive consensus from market analysts. Analysts covering the company held a consensus 'Buy' rating. Based on the average price target from six analysts, the stock had a potential upside of over 22%, with forecasts pointing to a price of $34.33 over the next year. Individual price targets ranged from a low of $28 to a high of $40, reflecting a generally optimistic outlook on the company's future performance.
Alight (ALIT) Stock Trades Up, Here Is Why
Shares of human capital management provider Alight (NYSE:ALIT) jumped 3.9% in the afternoon session after a director, Robert A. Lopes Jr., purchased thousands of dollars worth of company stock. According to a regulatory filing, the director bought 10,000 shares for a total of $23,899. Such a purchase by a high-level insider is often viewed by the market as a strong vote of confidence in the company's future direction and financial health. Investors typically interpret these actions as a signal that the company's leadership believes the stock may be undervalued at its current price, which can lead to increased buying interest from the broader market.
Dutch Bros (BROS) Stock Is Up, What You Need To Know
Shares of coffee chain Dutch Bros (NYSE:BROS) jumped 3.2% in the afternoon session after TD Cowen reiterated its 'Buy' rating and maintained its $70 price target on the company's stock. The analyst firm described the coffee chain operator as "the cleanest story" among companies in its coverage, highlighting expectations for continued positive sales revisions. TD Cowen's analysis pointed to 2026 as a key year, which should benefit from growth in mobile orders and a phased roll-out of an expanded food line. The firm also stated that margin dynamics for Dutch Bros were "underappreciated in consensus," contributing to its inclusion in TD Cowen's "Best Ideas 2026" list.
Why Coinbase (COIN) Stock Is Down Today
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) fell 5.8% in the afternoon session after a broad sell-off in the cryptocurrency market, driven by a sharp drop in the price of Bitcoin, weighed on crypto-related stocks.