Dow Down, Encore Capital Group, Inc Up

GRAND RAPIDS, MI. - The three major indices fell on Thursday, November 5, 2026.

The NASDAQ fell 1,421.52 points.

The DOW fell 1,833.06 points.

The S&P 500 fell 334.89 points.

A brutal sell-off on November 5 targeted stocks tied to the buildout of AI data centers amid worries about possible moratoriums following election results.

All this as Encore Capital Group, Inc (ECPG) shares rose $25.47 to end the session at $126.17 per share. Encore Capital Group announced robust financial results for the third quarter of 2026 on November 4, 2026, when the company filed its Form 10-Q with the Securities and Exchange Commission.

Net income surged 66 percent year-over-year to $124 million, and total revenues reached $544.5 million, marking an 18 percent increase compared to the third quarter of 2025.