Nyse Order Imbalance 1023905.0 Shares On Sell Side

What Happened?

A number of stocks fell in the afternoon session after the U.S. announced potential tariffs on several European countries. 

The sell-off was a reaction to news that the White House planned to impose a 10% tariff on imports from eight European nations, including France, Germany, and the United Kingdom, starting February 1. Reports indicated the tariffs were intended to pressure Denmark over the potential sale of Greenland to the U.S. and could rise to 25% if a deal was not reached. 

The announcement caused a significant downturn in U.S. stocks, with the S&P 500 and Dow Jones falling more than 1.4% as investors returned from a holiday weekend and reacted to the heightened trade uncertainty. The downturn was further exacerbated by a spike in Treasury yields. Higher rates particularly hurt growth stocks such as tech names since investors must discount financials further out in the future back to the present.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Online Marketplace company Teladoc fell 1.2%. Is now the time to buy Teladoc? Access our full analysis report here, it’s free.
• Online Marketplace company EverQuote fell 2.6%. Is now the time to buy EverQuote? Access our full analysis report here, it’s free.

Zooming In On EverQuote (EVER)

EverQuote’s shares are very volatile and have had 25 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was 11 months ago when the stock gained 31.5% on the news that the company reported a standout Q4 2024 result, with revenue and EBITDA significantly crushing Wall Street's estimates. 

Sales soared 165% compared to the previous year, fueled by a considerable rebound in the automotive insurance segment, which more than tripled. This sharp recovery highlights improving industry conditions and the company's ability to capitalize.On the profitability side, things looked even better. Adjusted EBITDA hit $18.9 million, flipping from a loss last year, thanks to strong margin expansion.Looking ahead, the company's first-quarter EBITDA guidance significantly exceeds analyst expectations, with a projected midpoint growth of 163% relative to the previous year. Zooming out, this was a solid quarter, marked by rapid growth, improved profitability, and strong guidance.

EverQuote is down 5% since the beginning of the year, and at $24.17 per share, it is trading 18.6% below its 52-week high of $29.71 from March 2025. Investors who bought $1,000 worth of EverQuote’s shares 5 years ago would now be looking at an investment worth $597.23.

What Happened?

A number of stocks fell in the afternoon session after heavyweight stocks retreated, pulling back from recent record highs as the year-end rally showed signs of fatigue. 

The S&P 500 and Nasdaq were under pressure as the dominant artificial intelligence trade cooled off. Notable names like Nvidia were down as traders locked in profits following a banner year where the Nasdaq surged over 20%. With the S&P 500 recently hitting intraday highs near 6,945, this dip reflected a shift in internal momentum rather than a response to major economic news.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Consumer Subscription company Chegg fell 3.3%. Is now the time to buy Chegg? Access our full analysis report here, it’s free for active Edge members.
• Video Gaming company Skillz fell 3.4%. Is now the time to buy Skillz? Access our full analysis report here, it’s free for active Edge members.
• Online Marketplace company Teladoc fell 2.7%. Is now the time to buy Teladoc? Access our full analysis report here, it’s free for active Edge members.

Zooming In On Skillz (SKLZ)

Skillz’s shares are extremely volatile and have had 46 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 11 days ago when the stock gained 2.6% on the news that the latest Consumer Price Index (CPI) report showed inflation cooling more than anticipated, fueling optimism for potential Federal Reserve interest rate cuts. 

The November report indicated that annual inflation fell to 2.7%, significantly below economists' expectations of 3.1% and its lowest level since July. The Consumer Price Index, or CPI, is a key measure of inflation. This encouraging data was welcomed by investors, as sustained lower inflation could give the U.S. Federal Reserve more justification to lower interest rates in the coming year. Wall Street favors lower interest rates because they reduce borrowing costs for companies and can stimulate economic activity, making stocks more attractive. The positive news helped major indexes, including the S&P 500 and the tech-heavy Nasdaq, snap a four-day losing streak.

Skillz is down 15.4% since the beginning of the year, and at $4.51 per share, it is trading 50.4% below its 52-week high of $9.09 from August 2025. Investors who bought $1,000 worth of Skillz’s shares 5 years ago would now be looking at an investment worth $10.94.