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NASDAQ:MCW 20 May 2026

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

  • ASML Holding N.V. Stock Faces Mixed Earnings Outlook Amid Investor Interest
    May 20, 2026, 10:48 AM EDT. ASML Holding N.V. (ASML) has been one of the most searched stocks recently, yet its shares fell 11.4% over the past month, underperforming the S&P 500's 2.7% gain and the semiconductor equipment industry's 7.1% drop. Investors should note the mixed revisions in earnings estimates: a projected 29.5% rise in quarterly earnings per share (EPS) contrasts with a 4% decline expected for the fiscal year, and a 35.7% increase forecast for next year, tempered by a 15.6% estimate downgrade in the past month. ASML holds a Zacks Rank #3 (Hold), reflecting cautious optimism amid these fluctuations. Revenue growth remains crucial for longer-term gains, as rising earnings depend on expanding sales.

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Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

Mister Car Wash Drops Off Nasdaq After $3.1 Billion Buyout

20 May 2026
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.
T1 Energy shares rise as hedge fund moves, short attack draw attention

T1 Energy shares rise as hedge fund moves, short attack draw attention

20 May 2026
T1 Energy shares rose about 17% to $8.06 in New York after Situational Awareness LP disclosed a new 10 million-share stake. The gain followed a short-seller report from Fuzzy Panda Research, which questioned T1’s tax-credit eligibility and China-linked supply chain claims. T1 said its Texas plant construction remains on schedule.
POET Technologies Jumps After $400M AI Photonics Raise, Dilution Questions Linger

POET Technologies Jumps After $400M AI Photonics Raise, Dilution Questions Linger

20 May 2026
POET Technologies shares rose 11% to $14.55 in early Nasdaq trading Wednesday after closing a US$400 million direct offering of 19 million shares and warrants. The rebound followed an 8% drop Tuesday on dilution concerns. The company reported Q1 revenue of $503,389 and a net loss of $12.3 million. A recent $50 million order from Lumilens could scale to $500 million over five years if production ramps up.
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