🟢 Commerce.com is trading 21.35% up today after announcing restructuring and $50 million buyback

Commerce.com is trading 21.35% up now at $3.15 after announcing a strategic restructuring plan and $50 million share repurchase authorization effective September 10, 2026.

• Management expects approximately $60M-$80M annualized non-GAAP operating-cost savings, raised 2026 non-GAAP operating-income outlook by $3M, and targets at least 20% non-GAAP operating margins beginning in 2027.
• Despite weaker broader-market and consumer-discretionary conditions, the company-specific announcement is the primary catalyst; one-time restructuring expenses total $8.5M-$26.3M through fiscal 2026.