Catalyst Calendar - February 20, 2026 (EOD)

 ## Today's Catalyst Results How did scheduled events play out? - **Jeffrey Straubel sells QuantumScape (QS) shares worth $192k** - Result: The sale raised concerns about insider confidence in the stock, contributing to a slight decline in shares. Market reaction: **$QS** shares fell by approximately 1.5% on the news. - **TXNM Energy gets FERC approval for $11.5 billion Blackstone deal** - Result: Regulatory approval is seen as a significant step forward for TXNM. Market reaction: **$TXNM** shares surged nearly 5% in response. - **Paramount says regulatory waiting period for Warner bid ends** - Result: The expiration of the waiting period opens the path for potential mergers. Market reaction: **$PARA** shares rose 3% as investors anticipated a favorable outcome for the bid. ## Surprise News Today Unexpected developments that moved markets: - **$AMD** - Analysts upgraded the rating for **$AMD** citing that its recent pullback is expected to be temporary. Market reaction: **$AMD** shares gained about 4% following the upgrade. - **$COVT** - The stock plunged sharply after an unexpected announcement indicating significant operational challenges ahead. Market reaction: **$COVT** shares fell nearly 10% as investors reacted to the news. ## After-Hours Catalysts Earnings and events happening tonight: - **$DNOW** - Investors should watch for the Q4 earnings report, where analysts expect to see a focus on the implications of their recent plunge in stock price. ## Tomorrow's Calendar Key events scheduled for tomorrow: - **Fed's Preferred Inflation Gauge** - Time: TBD - Watch for: Investors will be monitoring this closely for indications of future rate hikes. ## This Week Ahead Other catalysts coming this week (only if dates mentioned): - **February 22**: Dividend Champion, Contender, And Challenger Highlights. ## Highest Conviction Setup Based on today's action and upcoming catalysts: - Stock: **$TXNM** - Catalyst: FERC approval for a major acquisition - Thesis: The regulatory green light positions **$TXNM** for substantial growth and market confidence, making it a strong buy opportunity amidst ongoing energy sector dynamics.