Why ENVA fell 25.0% on Sep 15 2026: grasshopper deal withdrawal
ENVA-25.0%on Tue Sep 15 2026
Enova International, Inc. was down 25.0% on the day at $169.97, ranked #5 on 15.8× its usual five-minute volume, when TapeRank recorded this drop at 12:14 ET during regular hours.
WHAT THE ROW LOOKED LIKE
LAST169.97
DAY▼ 25.0%
5 MIN▼ 0.00%
5M RVOL15.8×
5M $VOL$2.5M
FLOAT*24.9M
RANK#5
SESSIONREGULAR
* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
AI VERDICT
STRETCHEDCONFIDENCE5/5
Enova is down 25% after withdrawing regulatory applications for its proposed Grasshopper Bank acquisition, while reaffirming 2026 guidance and planning faster share repurchases. The deal setback is a concrete negative catalyst, but the reaffirmed outlook and only modestly lowered analyst targets make the magnitude of the selloff larger than the disclosed news supports.
WHYDown 25% on a withdrawn acquisition application despite reaffirmed guidance and planned buybacks is a substantially larger move than the quantified news alone supports.
ANALYZED 12:14 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNA
FILINGS · 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
SESSION LEVELS AT CAPTURE
VWAP172.11
HOD193.45
LOD167.85
OR HIGH179.00
OR LOW173.05
PREV CLOSE226.72
PM HIGH193.45
PM LOW175.47
GAP▼ 22.27%