Stansberry Research

U.S. Midday Stock Moves: SST, CHNG, TWTR, CVNA, MKTX

Daniel SmootStansberry NewsWire

Advances:

  • System1 (SST) +40.6%. SST reported strong fourth-quarter net income and revenue.
  • Change Healthcare (CHNG) +5.9%. CHNG announced it would extend its merger agreement with UnitedHealth's (UNH) Optum.
  • Twitter (TWTR) +5.9%. TWTR will appoint Elon Musk to its board.

Declines:

  • Carvana (CVNA) -10.2%. CNVA shares were downgraded from "outperform" to "perform" at RBC.
  • MarketAxess (MKTX) -9.6%. Analysts are concerned about MKTX's weaker high-grade volumes and the negative impacts on its fee rates.