Forget a Bear Market -- These 2 Nasdaq Stocks Are Moving Higher
The Nasdaq Composite (NASDAQINDEX: ^IXIC) remained under pressure on Thursday morning, responding negatively to new worries about the sustainability of the economic recovery. As of 11:15 a.m. EDT, the Nasdaq was down 1.3%, giving up its gains for the month.
Yet even as many investors seemed fearful about the Nasdaq's future prospects, a couple of stocks listed on the exchange did reasonably well. Biogen (NASDAQ: BIIB) has been in the spotlight recently thanks to a promising drug candidate for treating a terrible disease, while Golden Nugget Online Gaming (NASDAQ: GNOG) has largely remained under the radar in the gambling industry. Below, we'll look more closely at both companies to see what's moving their shares today.
Shares of Biogen were up nearly 3% on Thursday morning. The move came despite what some might have thought was bad news from the U.S. Food and Drug Administration.
Source Fool.com
