Market Movers | Sunrun Plunges 15%; Opendoor Tumbles 12%; Archer Aviation and Block Tank 11%; Take-Two Sinks 7%

Tiger Newspress
Nov 07

Sunrun reported its third-quarter 2025 earnings, revealing a significant revenue beat but falling short on earnings per share (EPS). The shares sank 15%.

Opendoor shares tanked 12% after the online real estate company posted an adjusted loss before interest, taxes, depreciation, and amortization that was much bigger than analysts had anticipated. The red ink is poised to swell in the fourth quarter, with management guiding for an adjusted loss “in the high $40 millions to mid $50 millions,” which is a shade negative compared to Wall Street’s view for adjusted EBITDA of -$47.6 million.

Air taxi maker Archer Aviation reported better-than-expected Q3 loss. The pre-revenue company announced a registered direct offering of 81.25 million shares at a price of $8 per share. The company anticipates net proceeds of $171 million, which will be used to fund a pending acquisition and planned redevelopment of Hawthorne Airport. The shares sank 11%.

Block missed Wall Street estimates for third-quarter profit amid persistent economic uncertainty and intensifying competition in the payments sector, sparking a 11% slide in its shares.

Sweetgreen cut its full-year outlook after third-quarter results unexpectedly worsened, with the salad chain citing stubbornly weak demand. The shares dropped 10%.

Microchip Technology forecast third-quarter net sales below Wall Street estimates, indicating tepid demand for its chips as customers in the automotive and industrial markets continue to clear excess inventory. The shares fell 7%.

Take-Two shares sank 7% after Rockstar Games announced a further delay in the release of Grand Theft Auto VI to November 2026.

Denison Mines reported third quarter EPS of $-0.1062, $0.09 worse than the analyst estimate of $-0.0148. Revenue for the quarter came in at $739.54K versus the consensus estimate of $786.87K. The shares fell 3%.

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