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UNEXPLAINED MOVE · MOVER · THU OCT 22 2026

Why MXL fell 15.2% on Oct 22 2026: credit facility amendment

MXL-15.2%on Thu Oct 22 2026

MaxLinear, Inc. Common Stock was down 15.2% on the day at $64.29, ranked #26 on 1.8× its usual five-minute volume, when TapeRank recorded this unexplained move at 15:33 ET during regular hours. TapeRank recorded 2 events for MXL that day, between 15:33 and 16:09 ET, and each is in the timeline below.

THE DAY ON THE LIST · 2 EVENTS

  1. 15:33 ET
    UNEXPLAINED MOVE · REGULAR

    $64.29 · ▼ 15.2% ON THE DAY · 1.8× 5M RVOL · RANK #26

    JUSTIFIEDCONFIDENCE4/5

    MXL fell 19.0% on the day and another 5.96% in the last five minutes despite reporting a Q3 EPS and sales beat with Q4 revenue guidance above consensus. The concurrent $70 million expansion of its revolving credit facility and lower liquidity covenant indicate increased financial pressure, providing a concrete explanation for the sharp selloff and a financing-related risk flag.

    WHYA 19% drop is large, but the $70 million incremental debt capacity and reduced liquidity threshold materially outweigh a modest 12.7% EPS beat and 3.25% sales beat, while elevated borrowing capacity creates dilution risk if equity financing follows.
    ANALYZED 16:08 ET · <1 MIN AGO · OPENAI/GPT-5.6-LUNA
    THE ROW AND SESSION LEVELS AT 15:33 ET
    LAST64.29
    DAY▼ 15.2%
    5 MIN▼ 1.09%
    5M RVOL1.8×
    5M $VOL$2.9M
    FLOAT*90.7M
    RANK#26
    SESSIONREGULAR
    VWAP66.75
    HOD71.88
    LOD64.16
    OR HIGH71.28
    OR LOW69.51
    PREV CLOSE75.79
    PM HIGH71.88
    PM LOW70.16
    GAP▼ 6.29%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

  2. 16:09 ET
    MOVER · AFTER-HOURS

    $58.26 · ▼ 23.1% ON THE DAY · 12.1× 5M RVOL · RANK #2

    The same verdict as at 15:33 ET.

    THE ROW AND SESSION LEVELS AT 16:09 ET
    LAST58.26
    DAY▼ 23.1%
    5 MIN▼ 11.69%
    5M RVOL12.1×
    5M $VOL$1.7M
    FLOAT*90.7M
    RANK#2
    SESSIONAFTER-HOURS
    VWAP66.10
    HOD71.88
    LOD58.75
    OR HIGH71.28
    OR LOW69.51
    PREV CLOSE75.79
    PM HIGH71.88
    PM LOW70.16
    GAP▼ 6.29%

    * FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE

THE SESSION

  • 09:30 ETOpened at $71.02, -6.3% on the previous close of $75.79
  • 10:03 ETRegular-session high, $71.60
  • 15:47 ETRegular-session low, $63.48
  • 15:59 ETLast trade of the regular session, $65.26, -13.9% on the previous close of $75.79
  • Volume: 4.2M shares in regular hours, 40K before the open

MXL opened at $71.02, below the previous close, briefly reached $71.60, then sold off through the session to a $63.48 low before ending regular trading at $65.26, down 13.9% from the prior close. TapeRank found no explanation for the 15:33 move, but later tied the sharper decline to the 16:06 SEC 8-K covering a credit facility amendment and related financial disclosures: the filing accompanied a $70 million expansion of revolving credit capacity and a lower liquidity covenant, despite reported Q3 results and Q4 revenue guidance above estimates. After the close, TapeRank recorded the stock at $58.26, down 23.1% on the day.

WRITTEN THU OCT 22 2026 20:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

On the tape right now

WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY

01
ECGSURGING 0:05
79.71
▼ 29.3%
▼ 1.41%
41.0×
FAD
$6.2M
51.1M*
STRETCHED
02
CAVASURGING 0:00
64.78
▲ 7.4%
▲ 1.30%
9.3×
ORBHODVWH
$11.6M
116.8M*
UNEXPLAINED
03
URGNSURGING 0:00
29.16
▼ 15.2%
▼ 1.29%
15.6×
FAD
$1.4M
48.9M*
JUSTIFIED
04
MPTISURGING 0:00
64.15
▼ 1.5%
▲ 0.96%
23.8×
VWH
$637K
4.3M*
UNEXPLAINED
05
LSPDSURGING 0:00
11.52
▲ 4.9%
▼ 1.24%
16.5×
ORB
$426K
133.3M*
UNEXPLAINED
06
CRCTSURGING 0:00
8.90
▲ 49.2%
▼ 0.72%
15.1×
GAPORBVWHEXT
$395K
54.7M*
STRETCHED
07
BROSSURGING 0:00
43.97
▲ 0.9%
▼ 0.91%
4.0×
FAD
$4.3M
137.9M*
UNEXPLAINED
08
LMRICOOLING 1:35
12.85
▲ 14.5%
▲ 1.06%
132×
ORBHODVWH
$1.7M
—
UNEXPLAINED
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