SSTI, WINS, CVNA Stocks On the Move Today

Wins Finance shares are up 890% this week, and nobody knows why

Jun 7, 2017 at 2:51 PM
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The broader stock market is holding tight ahead of tomorrow's busy calendar. However, among specific stocks making big moves are gunfire alert specialist Shotspotter Inc (NASDAQ:SSTI), Beijing-based financial firm Wins Finance Holdings Inc (NASDAQ:WINS), and used car concern Carvana Co (NYSE:CVNA). Here's a quick look at what's moving shares of SSTI, WINS, and CVNA.

SSTI Stock Soars in Trading Debut

After being halted earlier, Shotspotter stock was last seen trading up 17.8% at $12.97. SSTI priced its initial public offering at $11 per share this morning, before opening the session at $12.20. So far, SSTI shares have traded as high as $13.43 and as low as $11.93.

WINS Stock Was Trading Up 153% Before Being Halted

Wins Finance stock is currently halted after the Nasdaq requested more information, with the shares last seen trading up 153.1% at $205.01. This echoes the price action seen yesterday, when WIN stock closed with a 107.1% gain, after trading was paused several times. While there appears to be no catalysts behind these bull gaps, the security is currently boasting an 890% week-to-date lead. 

CVNA Stock Gaps Higher After Earnings

Carvana shares have jumped 19% to trade at $11.30, after the company's inaugural earnings report since going public in late April came in above the consensus estimate. Carvana also offered up a strong current-quarter forecast, while Baird reiterated its "outperform" rating and $15 price target on CVNA stock. Despite today's surge, the stock remains well below its record high of $13.94, hit on its April 28 trading debut.


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