Why Are Driven Brands (DRVN) Shares Soaring Today
Update: 2025-11-04
Description
Driven Brands' stock surged by eight percent after reporting robust third-quarter earnings, beating analysts' expectations with adjusted earnings per share of thirty-four cents. Despite a nine and a half percent revenue decline, the company raised its full-year earnings forecast, boosting investor confidence. Meanwhile, the broader market faced headwinds due to trade tensions and underperforming tech companies, causing a downturn in major market indexes.
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