Why CACC fell 20.0% on Oct 30 2026: lower collection forecasts
CACC-20.0%on Fri Oct 30 2026
Credit Acceptance Corp was down 20.0% on the day at $460.48, ranked #5 on 8.0× its usual five-minute volume, when TapeRank recorded this drop at 15:17 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 15:17 ETMOVER · REGULAR
$460.48 · ▼ 20.0% ON THE DAY · 8.0× 5M RVOL · RANK #5
JUSTIFIEDCONFIDENCE5/5CACC is down 18.6% despite beating adjusted EPS estimates, as the quarterly report disclosed materially reduced forecasted collection rates for loans assigned from 2022 through 2026. The credit-performance revision is a concrete negative catalyst that explains a sharp repricing, while the analyst target cut reinforces the pressure.
WHYA 18.6% decline is large, but it is proportionate to a material reduction in expected loan collections despite a modest earnings beat.ANALYZED 15:00 ET · 17 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 15:17 ET
LAST460.48DAY▼ 20.0%5 MIN▼ 0.63%5M RVOL8.0×5M $VOL$2.9MFLOAT*10.5MRANK#5SESSIONREGULARVWAP476.11HOD572.99LOD455.43OR HIGH520.00OR LOW485.90PREV CLOSE575.78PM HIGH572.99PM LOW507.19GAP▼ 13.52%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $497.91, -13.5% on the previous close of $575.78
- 09:34 ETRegular-session high, $520.00
- 11:58 ETRegular-session low, $455.43
- 15:59 ETLast trade of the regular session, $465.61, -19.1% on the previous close of $575.78
- Volume: 351K shares in regular hours, 5K before the open
CACC opened at $497.91 after closing at $575.78, briefly reached $520.00 at 09:34 ET, then fell to a session low of $455.43 by 11:58 ET. TapeRank’s read tied the decline to materially reduced forecasts for loan collection rates in the quarterly report, despite an adjusted EPS beat, with TD Cowen’s price-target cut to $470 reinforcing the pressure. The stock ended regular trading at $465.61, down 19.1% from the previous close, after TapeRank ranked it No. 5 among movers at 15:17 ET; there were no halts.
WRITTEN FRI OCT 30 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 14:46 ETTD Cowen Maintains Hold on Credit Acceptance, Lowers Price Target to $470Benzinga
- THU 18:02 ETCredit Acceptance Q3 2026 Earnings Call TranscriptBenzinga
- THU 16:07 ETCredit Acceptance Q3 Adj. EPS $13.01 Beats $12.34 Estimate, Sales $594.600M Miss $595.850M EstimateBenzinga
- THU 16:04 ET10-Q — Quarterly reportSEC 10-Q
- THU 16:02 ET8-K — Results of Operations and Financial Condition; Financial Statements and ExhibitsSEC 8-K
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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