Why XRX fell 36.9% on Oct 29 2026: guidance cut

THE SESSION

• 09:30 ETOpened at $1.95, -30.1% on the previous close of $2.79
• 09:30 ETRegular-session high, $1.99
• 09:37 ETRegular-session low, $1.56
• 15:59 ETLast trade of the regular session, $1.67, -40.3% on the previous close of $2.79
• Volume: 28.2M shares in regular hours, 840K before the open

Xerox opened at $1.95 after falling 32.6% premarket, briefly reached $1.99, then dropped to $1.56 by 09:37 ET before recovering to finish the regular session at $1.67, still below the previous close of $2.79. TapeRank’s read tied the move to the company’s weaker year-over-year revenue, cuts to full-year adjusted operating income and free-cash-flow guidance, dividend suspension, restructuring pressure, and a debt exchange involving newly issued shares that created dilution risk; it marked that explanation as justified with 5/5 confidence. There were no halts during the regular session.

WRITTEN THU OCT 29 2026 16:01 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE

FILINGS AND NEWS · 24H BEFORE THE MOVE

• 09:12 ETXerox Holdings Q3 2026 Earnings Call TranscriptBenzinga
• 08:04 ET8-K — Entry into a Material Definitive Agreement; Regulation FD Disclosure; Financial Statements and ExhibitsSEC 8-K
• 07:52 ET8-K — Results of Operations and Financial Condition; Financial Statements and ExhibitsSEC 8-K
• 06:37 ETXerox Holdings Sees FY2026 Sales $7.600B vs $7.600B EstBenzinga
• 06:33 ETXerox Holdings Q3 Adj. EPS $0.02 Beats $(0.04) Estimate, Sales $1.868B Beat $1.864B EstimateBenzinga