Terex (TEX) Stock Crashes 18% on Surprise REV Group Merger News
Terex shares fell 15–18% intraday on Oct. 30, 2025, after announcing a $9 billion merger with REV Group and plans to exit its aerial lift segment. Q3 sales rose 14% to $1.4 billion, with adjusted EPS at $1.50. The company kept full-year EPS guidance. Analyst targets varied, with the consensus near $56.