Strong Earnings Just Sent These 2 Nasdaq Stocks Soaring

The Nasdaq Composite (NASDAQINDEX: ^IXIC) has seen its fair share of turbulence in recent months, with impressive gains and gut-wrenching declines. Yet many investors gravitate toward the Nasdaq because of all the high-growth stocks that they can find there. On Wednesday morning, those stocks were largely in favor, helping to push the index up more than half a percent as of 11:15 a.m. EDT.

The peak of earnings season is long behind us, but many prominent companies offer up their financial reports at other times. On Wednesday, shareholders got their first chances to react to the latest news from a couple of well-known companies, as both Zscaler (NASDAQ: ZS) and Urban Outfitters (NASDAQ: URBN) weighed in on how their respective businesses have been faring since the U.S. has begun getting its COVID-19 crisis under control.

Shares of Zscaler were up by more than 12% on Wednesday morning. The cybersecurity specialist had good things to say about its performance recently.

Source Fool.com