HZO News & Events

The major averages closed broadly lower as markets remain on edge regarding a potential U.S.-Iran framework agreement being reached.Of note, The Wall Street Journal reported that Saudi Arabia and Kuwait have lifted restrictions on the U.S. military's use of their bases and airspace. The Trump administration is now looking to restart "Project Freedom" to guide commercial ships with naval and air support, The Journal added.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:McDonald'sreported, with comps up 3.8%Armreportedand provided guidance for Q1 and FY26Whirlpoolreportedand cut its FY26 earnings outlookShellreported year-over-year increases inand commenced a $3B share buyback programSnapreportedand provided Q2 revenue guidance2. WALL STREET CALLS:AreteOracleto Buy amid supply constraintsPlanet Fitnessto Market Perform at William BlairAlcoato Overweight at Wells FargoClear Secureto Neutral at DA DavidsonJPMorganFreshpet, sees sales growth outpacing peers3. AROUND THE WEB:An AI chip deal between OpenAI and Broadcomhas hit a "financing snag," The Information reportsMarineMaxis pushing forward with sale plans as Donerail raises its bid, Reuters reportsNetflixis near a deal with the NFL that appears likely to include the week one game in Australia, a game the day before Thanksgiving, and the Christmas games, Puck News reportsGoogleis in talks with Blackstoneand KKRfor AI model access, The Information reportsMorgan Stanleyis rolling out crypto trading on its E*Trade platform, Bloomberg reports4. MOVERS:Datadogjumps after providing areport for Q1Fortinetrises as multiple analystson the stock following quarterly resultsShake Shackdrops afterand naming Michelle Hook CFOZoetislower after reportingCoherentfalls after5. EARNINGS/GUIDANCE:TripAdvisorreportedBecton Dickinsonprovided areport for Q2PelotonreportedPlanet Fitnesscut itsUS FoodsreportedINDEXES:The Dow fell 313.62, or 0.63%, to 49,596.97, the Nasdaq lost 32.75, or 0.13%, to 25,806.20, and the S&P 500 declined 28.01, or 0.38%, to 7,337.11.

Shares of MarineMax are up $1.00, or 3%, to $32.24 in afternoon trading after sources told Reuters that the company's board of directors agreed last month to proceed with a sale, allowing the process to move into a second round. Donerail, which owns a 5% stake in MarineMax and previously proposed buying the company, has increased its initial offer, two of the sources reportedly said.

MarineMax is moving forward with a plan to sell itself as one potential buyer recently raised its offer and at least one prominent private equity firm is conducting due diligence, three sources told Reuters. MarineMax's board of directors agreed last month to proceed with a sale, allowing the process to move into a second round, said two of the sources. Donerail, which owns a 5% stake in MarineMax and proposed buying the company itself, has increased its initial offer, two of the sources said.

MarineMax announced that SkipperBud's has been named the operator of North Point Marina in Winthrop Harbor, Illinois. SkipperBud's will oversee day-to-day marina operations, including on-site management and customer service. "SkipperBud's has a long track record of operating marinas and supporting boating communities across the Midwest and Great Lakes," said Brett McGill, Chief Executive Officer and President of MarineMax. "This appointment reflects the strength of our operating leadership and our strategic emphasis on expanding higher-margin businesses within our portfolio."