Key Highlights

  • Intel is trading down 28.91% at $65.46 after guiding fourth-quarter Revenue to $15.0 billion to $16.0 billion.
  • SmartKem is trading down 25.96% at $0.304, below its 52-week low of $0.40.
  • Reddit is trading down 25.44% at $96.63 after warning that search referrals fell by over 1 million per week in October.
  • FingerMotion is trading down 24.28% at $0.108 with cash of just $68,596 at fiscal year-end.
  • Twilio is trading down 22.05% at $188.55 as fourth-quarter guidance implies 11% to 12% organic growth.

Which Tech Stocks Are Falling the Most Today?

Five technology names led the decliners on Oct 30, 2026, each trading down more than 22%. This ranking orders them by the size of the percentage drop in the market data, and the bases differ because several prior closes cited here are derived from price and percentage move rather than independently confirmed.

Intel (NASDAQ:INTC) tops the list, trading down 28.91% at $65.46 after a fourth-quarter outlook that points to lower revenue and thinner margins. SmartKem (NASDAQ:SMTK) is trading down 25.96% at $0.304, and no announcement dated today was identified. Reddit (NYSE:RDDT) is trading down 25.44% at $96.63 following third-quarter results and a warning on search referrals.

FingerMotion (NASDAQ:FNGR) is trading down 24.28% at $0.108, again with no same-day announcement identified. Twilio (NYSE:TWLO) completes the group, trading down 22.05% at $188.55 after third-quarter results and a slower organic growth outlook for the fourth quarter.

Three of the five declines follow Earnings reports released on Oct 29, 2026. The two sub-$1 names instead trade against a backdrop of financing and Balance Sheet questions.

1. Intel: why are shares sliding after a third-quarter revenue beat?

Intel is trading down 28.91% at $65.46, which implies a prior close near $92, a level derived from the move rather than confirmed. The company reported third-quarter results on Oct 29, 2026, with revenue of $16.5 billion, up 21% from a year earlier.

The weight appears to sit with the outlook. Fourth-quarter revenue is guided to $15.0 billion to $16.0 billion, non-GAAP gross Margin is projected at 38.0% versus 44.1% in the third quarter, and non-GAAP earnings are expected at $0.25 per share. The chief financial officer said the slowdown in PC Demand should last at least through the first half of next year.

Data Center and AI revenue climbed 78% to $7.3 billion, while Intel Foundry posted an operating loss of $1.1 billion. Intel also detailed a multiyear Xeon collaboration with Oracle (NYSE:ORCL). Substrate and memory shortages were cited only as industry risks, and the company did not size their effect.

2. SmartKem: why is the Penny Stock down with no announcement identified?

SmartKem is trading down 25.96% at $0.304 from a prior close near $0.41. No company announcement dated today was identified, so the latest filings offer the clearest context. The shares sit below the 52-week low of $0.40.

The company develops custom electronic materials, including its TRUFLEX line. A 1-for-50 reverse split took effect for trading on Aug 21, 2026, and a registration statement covers resales of up to 30 million shares by Keystone Capital Partners under a Facility of up to $500 million, which requires a closing price of at least $0.10.

SmartKem also signed an all-stock deal on Aug 3, 2026 to acquire Ferrox Critical Minerals, valued at about $125 million. Auditors included going-concern paragraphs in both of the last two annual reports. A Market Value near $315,000 is a calculation from a September share count, and data pages conflict on the figure.

3. Reddit: why are shares falling after strong third-quarter numbers?

Reddit is trading down 25.44% at $96.63 from a prior close of roughly $129.60, which is derived from the move. Third-quarter results on Oct 29, 2026 showed revenue up 53% to $895 million and Net Income of $283 million. The most notable item was a warning on traffic, though the link to the decline is inferred from the report itself.

Management said search referrals fell by more than 1 million per week on average in October. If that persists, daily active uniques could decline by a low-double-digit percentage in the fourth quarter from a base of about 130 million. Daily active uniques reached 130.3 million, up 12%, while U.S. users fell 2%.

Fourth-quarter revenue is guided to $1.00 billion to $1.03 billion. During the quarter Reddit repurchased shares at an average of $149.81, a level today's price sits about 35% below.

4. FingerMotion: why is the penny stock sliding with no same-day news?

FingerMotion is trading down 24.28% at $0.108 from a prior close near $0.143, a derived figure. No company announcement dated today was identified. A data page placed the 52-week range at $0.13 to $1.74 as of Oct 19, which would put today's price below that low.

For the year ended Feb 28, 2026, revenue fell 32% to $24.13 million and net loss widened 37% to $7.0 million, even as operating expenses fell 12% to $7.63 million. Cash stood at only $68,596 against total liabilities of $45.70 million.

On May 13, 2026, the company issued a $5 million senior secured convertible note with a fixed conversion price of $0.94, and a June filing cited a last sale price of $0.6342. The firm runs mobile payment and recharge services and data analytics, mainly in China.

5. Twilio: why is the stock down after a raised full-year outlook?

Twilio is trading down 22.05% at $188.55 after third-quarter results on Oct 29, 2026. Revenue rose 20% to $1.56 billion, organic revenue grew 16%, and non-GAAP earnings reached $1.65 per share.

Fourth-quarter revenue guidance of $1.595 billion to $1.605 billion implies organic growth of only 11% to 12%, and non-GAAP earnings guidance of $1.48 to $1.53 sits below the third-quarter figure. That reading of the reaction is inferred from the filing figures rather than from a company statement.

Full-year free Cash Flow guidance was raised to $1.19 billion to $1.20 billion. Valuation data such as a market value near $39 billion and an average analyst target of $274.44 predate the results.

Tech Sell-Off Scorecard: Average Drop, Spread and Price Gap

The average decline across the five stocks is 25.33% (calculated), and the spread between the largest and smallest drop is 6.86 percentage points (calculated), so the group is tightly clustered. Bases differ, since prior closes are mostly derived.

The price gap is wide. Twilio's $188.55 is roughly 1,746 times FingerMotion's $0.108 (calculated). The earnings reporters, Intel, Reddit and Twilio, all pair solid reported growth with a cautious forward signal, while SmartKem and FingerMotion have no identified same-day trigger.

What to Watch Next: Merger Deadlines, Note Terms and Guidance Tests

SmartKem faces a Ferrox merger outside date of Mar 31, 2027, plus a Form S-4 filing and Shareholder votes. FingerMotion's convertible note matures one year after its May 2026 closing, and the company may need a stockholder vote on conversion shares beyond 12,256,260.

Twilio's buyback authorization runs through Dec 31, 2027. For Intel and Reddit, no dated release was identified beyond their next quarterly reports, which will test the gross margin recovery and the search referral trend.