2 Stock Movers to Watch in Wednesday's Premarket
The stock market doesn't look like it's going to calm down anytime soon, and if anything, it seems as though things could get even more volatile rather than less. After a failed attempt to rally on Tuesday, markets are seemingly having a better time of it in premarket trading on Wednesday morning. As of 7 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were up 471 points to 33,073. S&P 500 (SNPINDEX: ^GSPC) futures gained 66 points to 4,235, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures picked up 261 points to 13,528.
A couple of big stock movers saw their share prices rise sharply on Wednesday morning in premarket trading. MongoDB (NASDAQ: MDB) reported strong financial results after the bell on Tuesday afternoon, while XPO Logistics (NYSE: XPO) announced a key strategic move that will give investors some added flexibility in deciding which part of the business they want to own. You can see the details below.
Shares of MongoDB were up almost 12% in premarket trading on Wednesday. The cloud database specialist finished an exceptionally strong year and sees even better times ahead.
Source Fool.com
