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NASDAQ:MCW 20 May 2026 - 10 June 2026

Mister Car Wash Leaves Nasdaq as Investors Get $7 a Share

Mister Car Wash Leaves Nasdaq as Investors Get $7 a Share

Mister Car Wash Inc. shares have stopped trading after Leonard Green & Partners completed a $3.1 billion take-private deal, with eligible holders set to receive $7.00 per share in cash. Nasdaq filed to delist the stock, and S&P Dow Jones Indices replaced it in the S&P SmallCap 600. Leonard Green previously owned about 67% of shares. Mister Car Wash operated 549 locations and reported Q1 revenue of $277.9 million.
Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

Mister Car Wash has completed its $3.1 billion sale to Leonard Green & Partners, ending its Nasdaq listing. Shares were bought for $7.00 each in cash, with trading halted and delisting underway. The company reported Q1 net revenue up 6% to $277.9 million and Unlimited Wash Club memberships up 11% to 2.5 million. A $900 million term loan was added to help fund the deal.
20 May 2026

Stock Market Today

  • Ford Shares Drop 3.2% as Aluminum Supply Recovery Tests Investor Confidence
    June 10, 2026, 12:35 PM EDT. Ford Motor shares fell 3.2% on June 10 after early gains faded. The decline followed news that Novelis restarted its Oswego, New York hot mill, easing aluminum supply constraints critical for the F-Series pickups. Novelis' plant was offline due to fires in late 2025, impacting Ford's production and profitability. Despite Ford's 2026 guidance factoring in recovery and a forecasted $1 billion gain from resumed supply, investors remain cautious. May sales showed a 13.3% year-over-year drop in F-Series sales, intensifying concerns. General Motors and Stellantis also saw share declines, signaling broader market skepticism over how quickly aluminum supply issues can be fully resolved and Ford's ability to restore output and reduce costs.

Latest articles

Lemonade Shares Jump as Investors Zero In on Profit Path

Lemonade Shares Jump as Investors Zero In on Profit Path

10 June 2026
Lemonade shares jumped 10.6% to an intraday high above $60 after CEO Daniel Schreiber and CFO Tim Bixby appeared at Morgan Stanley’s U.S. Financials Conference, as investors focused on the company’s reiterated target for positive adjusted EBITDA in Q4 and a fresh TD Cowen price target hike, with shrinking losses and improved underwriting driving optimism.
Ford Shares Slide as F-150 Aluminum Constraint Eases

Ford Shares Slide as F-150 Aluminum Constraint Eases

10 June 2026
Ford shares slid 3.2% to $14.47 despite Novelis restarting its Oswego aluminum plant, a key F-Series supplier, as investors now focus on how quickly supply ramps up to cut costs and boost production after months of disruption that forced Ford to cut its 2025 profit forecast and warn of up to $2 billion in charges.
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