These 2 Nasdaq Stocks Are Falling Hard Friday Morning
Investors haven't been too pleased with the way the end of 2022 has shaped up so far, with major stock market benchmarks having fallen sharply on Thursday. News of a slowing of inflation as shown by personal consumption expenditures was welcome, but the positive response it inspired on Wall Street was somewhat muted. Stock index futures traded on either side of the unchanged mark at various points during the early morning session on Friday.
Even as most investment professionals prepared for what's often a quiet pre-holiday trading session, a couple of stocks posted significant losses. Shares of Nutanix (NASDAQ: NTNX) and Mission Produce (NASDAQ: AVO) took big hits Friday morning, and shareholders are having to deal with some disappointment that might linger into 2023.
Shares of Nutanix dropped 12% in premarket trading Friday morning. Investors in the enterprise cloud software platform provider have hoped that it might be successful in finding a potential buyer, but those efforts might have taken a serious setback recently.
Source Fool.com
