Charter Communications is trading 4.1% lower at $105.17, with the decline attributed to continued bearish sentiment after Wolfe Research’s earlier downgrade to Underperform. - Wolfe Research set an $118 price target; the downgrade is not new on October 9. - Concerns include Cox merger integration and added leverage; no fresh company announcement was identified as a catalyst. - Broader markets were modestly higher in the supplied context; trading volume information was unavailable.