Here Are 2 Must-Watch Nasdaq Stocks Monday Morning
Stocks have been on a record run lately, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) has continued to move to all-time highs recently. Coming into a new week, the Nasdaq looked poised to keep posting gains, with futures up about a quarter percent to 16,234 as of 8 a.m. EST.
A big part of what has driven the Nasdaq higher lately has been a rising interest in stocks other than the tech behemoths that many investors focus on. That was evident from a big rise in Dollar Tree (NASDAQ: DLTR) shares, which looked poised to hit an all-time high of their own. Yet there was also some disappointing news this morning, as Oatly Group (NASDAQ: OTLY) wasn't able to meet the high expectations of its shareholders. We'll look at both companies below.
Oatly Group saw its stock drop almost 14% in premarket trading on Monday, putting it on pace for its worst levels since going public earlier this year. The plant-based dairy company's third-quarter financial report raised concerns about the sustainability of its growth even as consumers remained interested in its products.
Source Fool.com
