Why Driven Brands Holdings Inc. (DRVN) stock fell 11.3% on Tuesday, November 3, 2026
Driven Brands Holdings Inc. (DRVN) closed at $11.29, down 11.28% on Tuesday, November 3, 2026, on volume of 3,217,149 shares (3.1× its 3-month average); market value about $1.90B.
What happened: primary sources
Events Nexqual found for DRVN on Tuesday, November 3, 2026 or the trading day before (November 2, 2026):
- Nov 3, 2026: SEC 8-K: Quarterly results; Past financial statements can no longer be relied on (restatement) source
Quoted from the filing: “On October 31, 2026, the Audit Committee of the Board of Directors, after consultation with the Company's management, concluded there were material errors in our previously issued consolidated financial statements for the fiscal years ended December 27, 2025 ("fiscal year 2025"), December 28, 2024 ("fiscal year 2024"), and December 30, 2023 ("fiscal year 2023"), contained in the Company's Annual Report on Form 10-K for the fiscal year 2025 (the "2025 Form 10-K") filed with the Securities and Exchange Commission…”
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 DRVN
DRVN stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Other big moves that day: November 3, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 4, 2026 at 09:51 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 4, 2026 at 09:51 UTC. This page is informational and not investment advice.
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