Nano-X Sends Nasdaq Soaring; JetBlue Nears Multi-Year Highs

The stock market sounded the all-clear over the long weekend, and that translated into big gains for the Nasdaq Composite (NASDAQINDEX: ^IXIC) on Monday. Despite some ongoing fears about potential inflation, economic strength was enough to send the Nasdaq up more than 1.5% as of 1:45 p.m. EDT.

Most of the high-growth stocks that dominate the Nasdaq saw good-sized gains, with only a few stragglers lagging behind. Looking at some of the best performers, there was a healthy mix of small and big companies represented. One of the biggest gainers was medical imaging specialist Nano-X Imaging (NASDAQ: NNOX), but also on the ascent was airline JetBlue Airways (NASDAQ: JBLU). Below, we'll look at what sent those two stocks higher and what it means for the Nasdaq as a whole.

Shares of Nano-X Imaging were up 17% on Monday afternoon. The digital X-ray technology innovator got a huge vote of confidence from a key regulator over the long weekend.

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Source Fool.com