Why Dave Inc. (DAVE) stock fell 20.2% intraday on Thursday, November 5, 2026
Dave Inc. (DAVE) traded at $268.36 as of 3:31 PM ET, down 20.18% on Thursday, November 5, 2026, on volume of 1,173,408 shares (3.4× its 3-month average); market value about $3.40B.
DAVE 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 DAVE on Thursday, November 5, 2026 or the trading day before (November 4, 2026):
- Nov 4, 2026: Reported Q3 2026 results: adjusted EPS $4.39 vs consensus $4.46 (miss), revenue $197.7M vs consensus $191.8M (beat). Guidance: The company raised its full-year 2026 guidance for Revenue, Adjusted EBITDA, and Adjusted Diluted EPS. source
- Nov 4, 2026: SEC 8-K: Entered a material agreement source
Quoted from the filing: “On November 3, 2026 (the "Effective Date"), Dave Operating LLC ("Dave Operating"), a wholly-owned subsidiary of Dave Inc. ("Dave Parent", and together with Dave Operating, or either entity individually, as the context requires, the "Company" or "Dave"), entered into the Second Amendment (the "Second Amendment") to the Program Agreement, dated February 27, 2025, as amended by the First Amendment, dated August 4, 2025 (as so amended, the "Agreement"), with Coastal Community Bank ("Coastal") that governs the…”
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 DAVE
DAVE stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: DAVE results, November 4, 2026. Other big moves that day: November 5, 2026.
Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:39 UTC. Not investment advice.
Data source: Nexqual. Last updated: November 10, 2026 at 16:39 UTC. This page is informational and not investment advice.
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