Nasdaq Tumbles 4.5%; Cardinal Health Shares Gain After Upbeat Q1 Earnings
U.S. stocks tumbled: Nasdaq -4.5%, S&P 500 -3.3%, Dow -2.5%. Cardinal Health rose on strong results; AppLovin surged 32%, while Veracyte fell 55%.
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PureCycle Technologies, Inc. announced it will release its financial results for the third quarter ended September 30, 2026, after market close on November 4, 2026.
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U.S. stocks tumbled: Nasdaq -4.5%, S&P 500 -3.3%, Dow -2.5%. Cardinal Health rose on strong results; AppLovin surged 32%, while Veracyte fell 55%.
U.S. stocks mixed: Dow +0.47%, Nasdaq -1.35%, S&P 500 -0.55%. Jobless claims fell to 189,000; oil and gold rose.
PureCycle Technologies announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $2.3 million and an operating loss of $37.5 million.
PureCycle Technologies (NASDAQ:PCT) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access
Cantor Fitzgerald analyst Andres Sheppard maintains PureCycle Technologies (NASDAQ:PCT) with a Overweight and lowers the price target from $14 to $12.