Ten large-cap stocks experienced significant declines during the week of February 23-27, 2026. Notable losers include First Solar (down 18.59% due to worse-than-expected Q4 results and below-estimate FY26 guidance), Zoom Communications (down 17.38% following mixed Q4 results and weak forward guidance), and Novo Nordisk (down 6.59% after announcing Chinese trial results and potential price cuts for Ozempic and Wegovy). Other major decliners include Donaldson, TopBuild, Corebridge Financial, Nu Holdings, KKR, Korea Electric Power, and Pure Storage.

TopBuild Corp. (NYSE: BLD) announced it has entered into an agreement to acquire Johnson Roofing, one of the largest commercial roofing installation services companies in Texas with approximately $29 million in annual revenue. Founded in 1941, Johnson Roofing serves commercial roofing projects across Texas, Louisiana, and Oklahoma. The acquisition expands TopBuild's commercial roofing services platform and strengthens its presence in the Central Texas market.

TopBuild Corp. (NYSE: BLD) announced the acquisition of Applied Coatings and Upstate Spray Foam, based in Winfield, New York. The combined businesses generate approximately $20 million in annual revenue and provide spray foam and fireproofing installation services for residential and commercial markets across New York, Pennsylvania, and Massachusetts. The acquisition strengthens TopBuild's presence in the Northeast.

Federal Reserve Chair Jerome Powell dampened market expectations for a December interest rate cut, suggesting economic uncertainty and cautioning against premature monetary policy changes. This led to stock market declines across various sectors, particularly in interest rate-sensitive industries.

TopBuild acquired Specialty Products and Insulation (SPI) for $1 billion in cash, expanding its mechanical insulation and specialty distribution presence in North America. The deal is expected to be immediately accretive to earnings and enhance the company's operational capabilities.

TopBuild Corp acquired Specialty Products and Insulation (SPI) for $1 billion in cash, expanding its specialty distribution and mechanical insulation fabrication capabilities across North America. The acquisition is expected to generate $35-$40 million in annual cost synergies and improve non-cyclical revenue streams.

TopBuild Corp. announced a $750 million senior notes offering at 5.625% interest, maturing in 2034, with proceeds intended for general corporate purposes including potential acquisitions.

TopBuild reported Q2 2025 earnings of $5.31 per share, beating estimates, with declining residential sales offset by strategic acquisitions and cost management. The company acquired Progressive Roofing for $810 million and continues to focus on diversifying beyond residential construction.

TopBuild Corp. acquired Progressive Roofing for $810 million in an all-cash transaction, expanding its commercial roofing services and building envelope solutions across the United States.

TopBuild announced an $810 million all-cash acquisition of Progressive Roofing, expanding its commercial roofing market presence with a company that generates 70% of revenue from stable re-roofing and maintenance services.

TopBuild Corp. announced an all-cash acquisition of Progressive Roofing for $810 million, expanding its commercial roofing services and creating a new growth platform in the $75 billion commercial roofing market.

TopBuilder, a leading CRM software for contractors, has announced a new integration with BuildingConnected, a pre-construction solution from Autodesk Construction Cloud. The integration allows contractors to manage bid invitations more effectively, improving bid success rates and project acquisition.