Carvana, Revolve, Bumble, Shutterstock, LendingTree Surge After Trump Halts European Tariffs - 2026-01-21

Carvana, Revolve, Bumble, Shutterstock, and LendingTree shares surged on January 21, 2026, after President Trump suspended planned 10% tariffs on imports from eight European nations, including Germany, France, and the U.K., averting a transatlantic trade conflict. The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a "framework for a future deal" on Greenland and Arctic cooperation was announced. The administration also ruled out military action, calming markets after Tuesday’s sell-off. The Nasdaq Composite rose 1.5%, and the S&P 500 erased its 2026 losses as growth stocks rebounded. The 10-year Treasury yield declined, supporting equity valuations. Revolve climbed on the news, adding to its 2.2% year-to-date gain and trading near its 52-week high of $31.78. The stock has seen 29 moves greater than 5% over the past year, reflecting high volatility. Prior to today, shares dropped 5.2% on January 20 after the initial tariff announcement sparked concerns over global trade tensions.