Nasdaq Today: Why NetEase and Align Technology Led Stocks Higher

Tuesday brought further gains for the stock market, with investors continuing to downplay the potential impact of nationwide demonstrations. The focus appears to be on the reopening economy, and early signs of optimism have proven popular among market participants. As of 3 p.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by about a quarter of a percent, and the Nasdaq 100 Index of top Nasdaq stocks saw slightly smaller gains.

NetEase (NASDAQ: NTES) and Align Technology (NASDAQ: ALGN) were two of the most noteworthy Nasdaq stocks on Tuesday. Both posted solid gains, and both appear to have good prospects for further growth even after impressive runs recently.

Shares of NetEase climbed 4%, rising to another all-time record high. Even amid some fears of whether investors would continue to have access to the video game giant's stock, NetEase has taken steps to assure its shareholders that it will have the capital it needs to keep moving forward.

Continue reading

Source Fool.com