Why XMax Inc. (XMAX) stock fell 27.1% intraday on Monday, November 2, 2026

XMax Inc. (XMAX) traded at $4.68 as of 10:31 AM ET, down 27.05% on Monday, November 2, 2026, on volume of 1,780,394 shares (2.7× its 3-month average); market value about $300.0M.

XMAX was among the stocks moving 5% or more in an earlier update that day; by the close it was no longer moving that much.

What happened: primary sources

Events Nexqual found for XMAX on Monday, November 2, 2026 or the trading day before (October 30, 2026):

• Nov 2, 2026: SEC 8-K: Entered a material agreement; Other material event source
  Quoted from the filing: “On October 28, 2026, XMax Inc. (the "Company") entered into a B300 GPUaaS Service Agreement (the "Service Agreement") with DSH HYPER PTE. LTD., a company incorporated in Singapore ("DSH"). Under the Service Agreement, DSH will provide the Company with dedicated GPU computing capacity, included storage and related infrastructure support services (the "Services"). DSH obtains the corresponding capacity from kt cloud Co., Ltd. ("KT") under a separate master service agreement between DSH and KT (the "Upstream…”

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on XMAX

XMAX stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 2, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 10:47 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 4, 2026 at 10:47 UTC. This page is informational and not investment advice.

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