Solstice Advanced Materials is exploding higher following the company's announcement late yesterday that it has mutually agreed to terminate its pending merger with Element Solutions. In addition to canceling the deal, the company authorized a $500 million share repurchase program and affirmed its existing third-quarter and full-year 2026 guidance. This news follows recent analyst commentary highlighting a potential 43.9% upside for the stock, though the termination of the $12 billion acquisition remains the primary driver of today's market activity.