On October 5, 2026, five notable stocks experienced double-digit declines. Sphere Entertainment fell 13.6% after a downgrade from Craig-Hallum, while C.H. Robinson dropped 10.9% following its announcement to acquire RXO for $5.8 billion. Velo3D, Boost Run, and Capricor Therapeutics also saw sharp declines of over 13%, though no specific reasons were identified for their drops. The C.H. Robinson acquisition is expected to yield $300 million in annual cost savings and boost earnings within nine months post-close.
C.H. Robinson Worldwide, Inc. shows a market cap of $18.43 billion and a dividend yield of 1.6% on Pluang as of October 6, 2026, 05:02 WIB. The stock price is USD 141.00, down 10.60% in one day, closely matching the article's reported decline. Despite the sharp drop, Pluang order activity favors buying at 91%, reflecting continued investor interest in the stock after its acquisition announcement.
RXO shareholders are set to receive $17.25 in cash plus 0.0856 shares of C.H. Robinson stock per RXO share in a $5.8 billion acquisition deal. Ademi LLP is investigating whether this offer fairly values RXO's shares, the benefits to company insiders,...
C.H. Robinson Worldwide announced it will buy RXO in a $5.8 billion stock-and-cash deal, paying $30.25 per RXO share, a 29% premium. The acquisition will combine their complementary transportation networks, expanding C.H. Robinson's trucking brokerag...
