Why ENVA fell 25.0% on Sep 15 2026: grasshopper deal withdrawal

THE SESSION

• 09:30 ETOpened at $176.22, -22.3% on the previous close of $226.72
• 09:30 ETRegular-session high, $179.00
• 10:38 ETRegular-session low, $167.85
• 15:59 ETLast trade of the regular session, $173.51, -23.5% on the previous close of $226.72
• Volume: 1.7M shares in regular hours, 12K before the open

Enova opened at $176.22 after a sharp gap down from the previous close and briefly reached $179.00 before falling to $167.85 by 10:38 ET. TapeRank recorded the stock at $169.97 at 12:14 ET, down 25.0% on the day, and found no halts; its read tied the move to Enova withdrawing regulatory applications for the proposed Grasshopper Bank acquisition, while reaffirming 2026 guidance and planning faster share repurchases. The stock recovered into the close, finishing at $173.51, still down 23.5% from the previous close.

WRITTEN THU OCT 15 2026 17:49 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

• 09:52 ETTD Cowen Maintains Buy on Enova International, Lowers Price Target to $220Benzinga
• 08:32 ETCitizens Maintains Market Outperform on Enova International, Lowers Price Target to $215Benzinga
• MON 16:45 ETEnova International Affirm FY2026 Adj EPS $16.85-$17.50 vs $17.02 Est; Affirm Sales $3.782B-$3.940B vs $3.859B EstBenzinga
• MON 16:40 ETEnova International Sees Q3 Adj EPS $4.37 vs $4.34 Est; Sees Sales $1.004B vs $1.003B EstBenzinga
• MON 16:12 ETEnova Withdraws Grasshopper Bank Acquisition Applications; Reaffirms 2026 Guidance And Intends To Accelerate Share RepurchasesBenzinga
• MON 12:15 ET8-K — Regulation FD Disclosure; Financial Statements and ExhibitsSEC 8-K