Why RAIL fell 26.3% on Oct 20 2026: outlook cut
RAIL-26.3%on Tue Oct 20 2026
FreightCar America, Inc. was down 26.3% on the day at $4.31, ranked #3 on 64.7× its usual five-minute volume, when TapeRank recorded this drop at 09:37 ET during regular hours.
THE DAY ON THE LIST · 1 EVENT
- 09:37 ETMOVER · REGULAR
$4.31 · ▼ 26.3% ON THE DAY · 64.7× 5M RVOL · RANK #3
JUSTIFIEDCONFIDENCE5/5RAIL is down 21% after removing a 1,285-car order and sharply cutting its 2026 revenue, EBITDA, delivery outlook, while preliminary Q3 sales are far below estimates. The material deterioration in backlog, earnings expectations, and customer credit supports a substantial repricing rather than an unexplained move.
WHYA 21% pre-market decline is proportionate to a roughly 35% Q3 revenue shortfall versus estimates and major full-year outlook cuts tied to a lost customer order.ANALYZED 09:26 ET · 10 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 09:37 ET
LAST4.31DAY▼ 26.3%5 MIN▼ 5.40%5M RVOL64.7×5M $VOL$614KFLOAT*32.8MRANK#3SESSIONREGULARVWAP4.55HOD4.78LOD4.32OR HIGH4.74OR LOW4.42PREV CLOSE5.85PM HIGH4.78PM LOW4.60GAP▼ 19.66%* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
THE SESSION
- 09:30 ETOpened at $4.70, -19.7% on the previous close of $5.85
- 09:30 ETRegular-session high, $4.74
- 09:45 ETRegular-session low, $3.85
- 15:59 ETLast trade of the regular session, $4.01, -31.4% on the previous close of $5.85
- Volume: 2.3M shares in regular hours, 30K before the open
RAIL opened at $4.70 after the company removed a 1,285-car order, warned that the customer might not meet its obligations, reported preliminary Q3 sales of $75M-$77M versus $118.505M expected, and sharply cut its 2026 revenue, EBITDA and delivery outlook; TapeRank read that deterioration as the catalyst for the move. It briefly reached $4.74, then fell to $3.85 by 09:45 and finished the regular session at $4.01, with no regular-session halts. TapeRank recorded it at rank #3 and $4.31 at 09:37, while the prior-day halt was listed after the session.
WRITTEN TUE OCT 20 2026 16:00 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- MON 17:10 ETTrading Halt: Halt status updated at 5:10:00 PM ET: Quotation Resumption: News and Resumption TimesBenzinga
- MON 16:51 ETFreightcar America Believes Customer Involved With Removed Order Is Unlikely To Be Able To Meet Its Obligations Under Associated Customer ContractBenzinga
- MON 16:49 ETFreightCar America Sees Q3 Revenue Of $75M-$77M, Down From $160.5M YoY, Adj. EBITDA Of $(0.3M) - $0.3M From $17M YoY; Cuts 2026 Revenue Outlook From $410M-$460M To $370M-$410M, Adjusted EBITDA From $36M-$44M To $15M-$19M, And Deliveries From 3,500–3,900 To 3,100–3,300 RailcarsBenzinga
- MON 16:48 ETFreightCar America Sees Q3 Sales $75.000M-$77.000M vs $118.505M EstBenzinga
- MON 16:47 ET8-K — Results of Operations and Financial Condition; Financial Statements and ExhibitsSEC 8-K
- MON 16:40 ETTrading Halt: Halted at 4:40:00 p.m. ET - Trading Halt: Halt News PendingBenzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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