- Featured +8.6% premarket on the $16.3B Penske-Mitsui take-private at $212/share (~8.8% premium to Wednesday's $194.79).
- Closed ~$212.47 (+0.2%) on ~1.1M shares — directionally correct, essentially a pinned arb spread.
- Traded $211.87–$213.00 all session; Q1 2027 close date plus Oct 28 earnings keep it on watch.
- Featured -13% on a revenue miss ($4.84B vs consensus), soft Q4 EPS guide of $1.03–$1.13 with a 44% tax rate, plus a CEO transition.
- Closed ~$41.48 (-5.4%) — directionally correct, held red all session despite some recovery from the morning lows.
- Post-mortems argued the selloff was poorly timed turnaround news, not a broken thesis.
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