Stansberry Research

U.S. Late-Day Stock Moves: SST, CHNG, TWTR, MKTX, CVNA

Daniel SmootStansberry NewsWire

Advances:

  • System1 (SST) +22.8%. SST reported strong fourth-quarter net income and revenue.
  • Change Healthcare (CHNG) +7.5%. CHNG announced it would extend its merger agreement with UnitedHealth's (UNH) Optum.
  • Twitter (TWTR) +2%. TWTR will appoint Elon Musk to its board.

Declines:

  • MarketAxess (MKTX) -11%. Analysts are concerned about MKTX's weaker high-grade volumes and the negative impacts on its fee rates.
  • Carvana (CVNA) -8.6%. CNVA shares were downgraded from "outperform" to "perform" at RBC.