From the archive. This pick came before our first emailed issue. We wrote it on Nov 3, 2026 from sources published around that day, with the same checks as every issue. It isn't part of the track record.
The pick
ADT Inc. (ADT) had the biggest jump in trading volume compared with its usual level on October 29, 2026. Volume was 19.9x its 30-day average, and the stock rose 33.20%.
What happened
ADT announced a definitive agreement to be acquired by Thrive Holdings in an all-cash deal. ADT stockholders will receive $10.00 per share in cash. The agreement values ADT at about $7.6 billion in equity value and $15.3 billion in enterprise value.
The price is a 45.6% premium to ADT's unaffected closing share price of $6.87 on October 27, 2026. It is also a 52.1% premium to the 30-day volume-weighted average share price ending that day. ADT's board unanimously approved the agreement.
ADT said in an 8-K that it entered into a merger agreement on October 29, 2026. The deal needs approval from ADT's stockholders, expiration or early termination of the Hart-Scott-Rodino antitrust waiting period, and other customary closing conditions. The company said the deal is not subject to a financing condition and expects it to close in the first quarter of 2027.
The agreement includes a "go-shop" period. ADT may seek competing proposals until 11:59 p.m. New York City time on November 28, 2026. Certain parties that submit proposals in that period may get a 10-day extension. When the deal closes, ADT will become privately held and its stock will stop trading on the New York Stock Exchange.
Sources: [press release] [8-K filing]
What news reports said
Yahoo Finance reported that ADT shares were trading higher after the company announced the agreement to be acquired by Thrive Holdings. [Yahoo Finance] Yahoo Finance also reported that ADT rose 33.81% to $9.91 as of 11:20 AM ET in Thursday's regular session. [Yahoo Finance] The Motley Fool and Yahoo Finance both reported that ADT surged 33% on the $10 per share all-cash deal. [The Motley Fool] [Yahoo Finance]
The numbers
- Previous close: $7.41
- Close: $9.87
- Change: +33.20%
- Volume: 163,754,595
- 30-day average volume: 8,211,836
- Volume multiple: 19.9x
- Behind the move: a company press release
What to watch
- ADT said it will issue third quarter 2026 results on November 3, 2026, before market open. A conference call is set for 10 a.m. ET, and the company said it will not take questions.
- The go-shop period ends at 11:59 p.m. New York City time on November 28, 2026. The extension for certain parties runs through December 8, 2026.
Sources: [press release] [8-K filing]