As Palo Alto Rises, This Tiny Stock Is Monday's Big Winner
After a huge upward move last week, it's natural for Wall Street pros to come back from the weekend and take a bit of a pause to assess the current situation. The economy has thus far been more resilient than many had anticipated, but that still leaves unanswered questions about the future course of monetary policy from the Federal Reserve and the potential impact of inflation. As a result, major market benchmarks opened close to flat on Monday morning.
Within the market, though, there were some high-profile winners. Palo Alto Networks (NASDAQ: PANW) achieved a key milestone that has investors excited about what the immediate future will bring. However, the biggest gains went to a tiny company in the industrial space, Circor International (NYSE: CIR). Below, you'll find out why Palo Alto got a nice bump and then learn more about what Circor is and why its stock soared Monday morning.
Shares of Palo Alto Networks rose more than 4% early Monday morning. The cybersecurity specialist got a prestigious invitation that will open the door to millions of investors automatically buying its stock.
Source Fool.com
