Why OFRM fell 23.6% on Nov 2 2026: product recall
OFRM-23.6%on Mon Nov 2 2026
Once Upon a Farm, PBC was down 23.6% on the day at $11.47, ranked #1 on 69.6× its usual five-minute volume, when TapeRank recorded this drop at 09:31 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 09:31 ETMOVER · REGULAR
$11.47 · ▼ 23.6% ON THE DAY · 69.6× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE4/5OFRM is down 15.1% after disclosing a voluntary product recall and only preliminary financial information ahead of its full quarterly results. The reported $106 million cash balance and $95 million borrowing capacity provide liquidity, but the recall-related update is a concrete negative catalyst supporting a sharp pre-market decline.
WHYA 15.1% drop is proportionate to the material operational risk of a product recall, despite the company reporting substantial liquidity and no debt.ANALYZED 09:22 ET · 8 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 09:31 ET
LAST11.47DAY▼ 23.6%5 MIN▼ 8.20%5M RVOL69.6×5M $VOL$572KFLOAT—RANK#1SESSIONREGULARVWAP12.79HOD14.00LOD11.21OR HIGH12.31OR LOW11.21PREV CLOSE15.02PM HIGH14.00PM LOW12.49GAP▼ 18.04%
THE SESSION
- 09:30 ETOpened at $12.31, -18.0% on the previous close of $15.02
- 09:30 ETRegular-session high, $12.31
- 11:28 ETRegular-session low, $9.07
- 15:59 ETLast trade of the regular session, $9.47, -37.0% on the previous close of $15.02
- Volume: 7.6M shares in regular hours, 84K before the open
OFRM opened at $12.31, already 18.0% below the previous close, and TapeRank ranked it the top mover at 09:31 ET at $11.47. TapeRank’s read tied the decline to the company’s voluntary product recall and preliminary financial update ahead of full quarterly results, which reported $106 million in cash and $95 million in borrowing capacity. The stock continued lower to a $9.07 low at 11:28 ET before recovering modestly, ending the regular session at $9.47, down 37.0% from the previous close; no halts were recorded.
WRITTEN MON NOV 2 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
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