CoStar stock plunges 14.0% on earnings and Vexcel deal
The close of $27.54 leaves the stock 65.1% below its 52-week high, on volume 3.3 times the recent average.
CoStar Group (CSGP) shares plunged 14.0% to $27.54 on Wednesday amid earnings and a deal to acquire Vexcel, reports say.
The company posted a record quarter and raised its 2026 outlook, while the earnings call showed it beating third-quarter 2026 estimates.
The stock sits 65.1% below its 52-week high of $78.95 and has lost 64.8% over one year. Volume was 3.3 times the recent average, while the S&P 500 edged up 0.3% the same day.
CSGP on StocksXray
Last close27.54
Today−13.96%
X-Ray Score47
Fair valueUndervalued
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