These 2 Stocks Are Pulling the Nasdaq Higher
The stock market decided to try and mount a comeback on Thursday. After a couple of days of downward moves, investors seemed to feel more confident that the future would bring better and brighter things. As of 1:30 p.m. ET, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up about half a percent, trailing most other major market benchmarks.
Tech stocks have been lagging the broader market, which might explain some of the Nasdaq's underperformance. Yet today, shares of Okta (NASDAQ: OKTA) mounted a nice advance following encouraging earnings. Moreover, the Nasdaq reminded investors that it has more than just tech stocks, as retail company Duluth Holdings (NASDAQ: DLTH) was a strong influence on the market as well. You'll find more details below.
Shares of Okta were up 11% on Thursday. The identity verification specialist had seen its stock fall to its lowest level of the year, but third-quarter results gave investors more confidence.
Source Fool.com
