Adeia is trading at $15.28, down 9.71% on November 5, 2026, after its November 2 results missed estimates and management cut its 2026 revenue outlook.
- Revenue was $80.2 million versus $98.88 million expected; management cited delayed licensing agreements in cutting its outlook.
- A broader technology selloff is adding pressure, with chip and data-center-related shares weak amid election-related concerns about AI regulation and infrastructure spending.
- No separate Adeia announcement for November 5 appeared in the search results.