Better Home & Finance (BETR) expects annualized cost cuts to exceed $45 million by year-end, from the $25 million target previously set out, it said late Monday.
The firm appointed board member Daniel Lewis as interim chief executive officer, effective immediately. Lewis succeeds Founder Vishal Garg, who has mutually agreed with the board to transition from the CEO role, the company said.
Shares slumped 36% as intraday trading volume jumped to over 2.4 million from a daily average of about 386,000.
AdaptHealth (AHCO) reported a Q2 loss Tuesday, with revenue below market expectations. The company also lowered its full-year 2026 sales guidance.
Shares sank nearly 40%, with intraday trading volume rising to over 13.6 million from a daily average of roughly 1.4 million.
Aptiv (APTV) reported Q2 adjusted earnings Tuesday above market expectations while sales missed consensus, and the company also cut its full-year 2026 outlook.
Shares slumped 18% as intraday trading volume climbed to over 9.3 million from the stock's daily average of about 3.43 million.
Price: $17.62, Change: $-9.68, Percent Change: -35.46%