ServiceTitan tumbles over 30% as midday stock movers diverge

  • ServiceTitan shares fell over 30% after its third-quarter revenue guidance missed analyst estimates.
  • Centerspace rose more than 8% after announcing an $8.1 billion all-stock REIT merger.
  • Chime Financial forecast third-quarter revenue of $680 million to $690 million.

ServiceTitan shares plunged more than 30% after its third-quarter revenue guidance fell short of FactSet-polled analysts' expectations, despite beating second-quarter revenue estimates and raising its full-year revenue guidance. Casey's General Stores dropped more than 15% after mixed fiscal first-quarter results, including a 0.3% year-over-year decline in fuel sales. Braze fell 19% after missing revenue expectations, while Signet Jewelers jumped 19% after reporting adjusted earnings of $2.19 per share against a $1.74 FactSet estimate and raising its full-year earnings guidance. Centerspace gained more than 8% after agreeing to merge with Independence Realty Trust in an all-stock transaction that would create an $8.1 billion residential REIT (real estate investment trust). Academy Sports rose 8% after increasing its adjusted fiscal-year earnings outlook for the year ending January 2027 to $6.50-$6.90 per share. Meta Platforms climbed 6% after unveiling a personal AI agent app late Tuesday, and Mission Produce rose 4% after exceeding every FactSet analyst estimate for fiscal third-quarter adjusted earnings per share and revenue. Chime Financial advanced 4% after better-than-expected second-quarter earnings and projected third-quarter revenue of $680 million to $690 million, above the $640.6 million analyst estimate. Apple slipped 1% as traders awaited an event where the company was expected to announce new iPhones, including a foldable model.

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ServiceTitan tumbles over 30% as midday stock movers diverge - CoinPost Terminal