Key Highlights

  • Alphatec Holdings leads the Earnings drops, trading down 34.04% to $7.50.
  • Intel is down 28.91% to $65.46 after guiding fourth-quarter Revenue to $15.0 billion to $16.0 billion.
  • Reddit is down 25.44% to $96.63 after warning that search referrals fell by over 1 million per week in October.
  • Twilio is down 22.05% to $188.55 as its fourth-quarter outlook implies organic growth of 11% to 12%.
  • The five declines average 25.40%, a calculated figure, with a 17.46 point spread.

Which Stocks Are Falling After Earnings Today?

Five stocks lead the earnings-related declines today, ranked by the size of their percentage drop. Each percentage is measured against that stock's own prior close, and several prior closes are implied from the move rather than separately sourced, so the bases differ.

Alphatec Holdings (NASDAQ:ATEC) is trading down 34.04% at $7.50. Intel (NASDAQ:INTC) is down 28.91% at $65.46, Reddit (NYSE:RDDT) is down 25.44% at $96.63, Twilio (NYSE:TWLO) is down 22.05% at $188.55, and Bright Horizons Family Solutions (NYSE:BFAM) is down 16.58% at $55.88.

A common thread is that most reported growth or higher adjusted profit but disappointed on outlook, traffic or one-off charges. The link between each report and the price move is drawn from the company's own disclosures, not from separate reaction coverage.

1. Alphatec Holdings: why did shares plunge 34% despite higher EBITDA guidance?

Alphatec shares are trading down 34.04% at $7.50 after third-quarter results on October 29, 2026. Revenue rose 13% to $221 million, but management said it fell short of expectations, mainly on lower Biologics attachment.

Full-year revenue is now expected near $862 million, against about $890 million in the February outlook, and free Cash Flow guidance fell to about $10 million from at least $20 million. Adjusted EBITDA guidance rose to about $137 million.

The spine-focused medical device company reported adjusted EBITDA of $38 million and a GAAP net loss of $5 million. A data provider 52-week range of $6.82 to $23.29 may now be outdated.

2. Intel: how much did the fourth-quarter outlook weigh on shares?

Intel shares are trading down 28.91% at $65.46, from an implied prior close near $92, after the company reported third-quarter results on October 29. Revenue rose 21% to $16.5 billion, and non-GAAP earnings were $0.52 per share.

For the fourth quarter, Intel guided revenue to $15.0 billion to $16.0 billion and non-GAAP gross Margin to 38.0%, down from 44.1% in the third quarter. Non-GAAP earnings are expected at $0.25 per share.

Data Center and AI revenue climbed 78% to $7.3 billion, while client computing fell 5% to $8.1 billion and Intel Foundry lost $1.1 billion. The company also detailed a multiyear Xeon collaboration with Oracle (NYSE:ORCL) and said PC Demand weakness is expected to last at least through the first half of next year.

3. Reddit: why did a search traffic warning overshadow a 53% revenue jump?

Reddit shares are trading down 25.44% at $96.63, from an implied prior close near $129.60, after third-quarter results on October 29. Revenue rose 53% to $895 million and Net Income climbed 74% to $283 million, yet management warned that search referrals fell by more than 1 million per week on average in October.

If that trend persists, daily active uniques could decline by a low-double-digit percentage in the fourth quarter from a base of about 130 million. U.S. daily users already fell 2%.

Fourth-quarter revenue guidance is $1.00 billion to $1.03 billion. The causal link to the warning is inferred from the company's own report, and one data page showed a different move.

4. Twilio: why are shares sliding after a raised full-year outlook?

Twilio shares are trading down 22.05% at $188.55 after third-quarter results on October 29. Revenue rose 20% to $1.56 billion, organic revenue grew 16%, and non-GAAP diluted EPS was $1.65 against $1.25 a year earlier.

The fourth-quarter revenue guide of $1.595 billion to $1.605 billion implies organic growth of only 11% to 12%, a step down from 16%. Fourth-quarter non-GAAP EPS of $1.48 to $1.53 also sits below the third-quarter result.

The company did raise its full-year free cash flow guidance to $1.19 billion to $1.20 billion. Valuation figures from before the report showed a Market Value near $39 billion, and the drop is inferred from the guidance figures, not from analyst commentary.

5. Bright Horizons Family Solutions: what did the $290 million Impairment do to shares?

Bright Horizons shares are trading down 16.58% at $55.88, from an implied prior close near $67, after third-quarter results. A $290.0 million Goodwill impairment, mostly tied to Australia, produced a net loss of $230.7 million, or $4.76 per share.

Underneath the charge, revenue rose 5% to $841.5 million and adjusted diluted EPS climbed 15% to $1.80. The company now expects 2026 adjusted EPS of $4.98 to $5.03 and revenue near $3.07 billion, lower than the July ranges.

The child care provider, with about 1,000 centers, repurchased about 7.7 million shares for $557.7 million this year. The price sits below the $57.63 low from late July data, which may be out of date.

Post-Earnings Slide Scorecard: Average Drop, Spread and Price Gap

The five declines average 25.40% (calculated), and the spread between Alphatec and Bright Horizons is 17.46 percentage points (calculated). Bases differ, since prior closes are implied for several names.

Intel's implied drop of about $26.54 per share (calculated, from a prior close near $92) is smaller than Reddit's roughly $32.97 (calculated, from a prior close near $129.60), even though Intel fell by a larger percentage. Twilio's $188.55 share price is about 25 times Alphatec's $7.50 (calculated).

All five posted growth in revenue or adjusted earnings. The drops trace to a revenue miss and lowered outlook at Alphatec, a weaker fourth-quarter guide at Intel and Twilio, a traffic warning at Reddit, and an impairment with lowered guidance at Bright Horizons.

What to Watch Next: Fourth-Quarter Reports and the Guidance Tests Ahead

No dated next report was identified in the reviewed material for any of the five, so the next checkpoints are the fourth-quarter reports. Alphatec investors will watch biologics attachment, Intel gross margin against the 38.0% guide, and Reddit whether October's search referral losses ease and how early logged-in tests perform outside the U.S.

Twilio's report will test whether organic growth stabilizes near 11% to 12%, and Bright Horizons will be measured against its new guidance range and the pace of center closures. Reddit's plan to test a primarily logged-in experience in select markets outside the U.S. begins in the fourth quarter, which gives that company one dated operating step to follow.