5 Cloud Stocks That Are Crushing It Today
Five top cloud-computing and internet stocks are skyrocketing today. As of 1:05 p.m. EDT Thursday, shares of Blackbaud (NASDAQ: BLKB), Fastly (NYSE: FSLY), Wix.com (NASDAQ: WIX), GoDaddy (NYSE: GDDY), and Slack Technologies (NYSE: WORK) were up between 10.9% and 19.1%.
Data source: Yahoo! Finance.
With the exception of Slack (which we will get to in a moment), today's surge wasn't driven by company-specific news, but by a broad market sentiment shifting back in favor of cloud-computing and internet stocks -- at least for today.
Source Fool.com