These 2 Stocks Stole Away the Nasdaq's Thursday-Morning Gains
The stock market has been resilient lately, but as investors learned in 2022, you can't expect stocks to move straight up without even a pause. The Nasdaq Composite (NASDAQINDEX: ^IXIC) showed that again on Thursday, as gains from the morning session disappeared by midday, sending the index down a third of a percent as of 1 p.m. ET.
A pair of stocks listed on the Nasdaq were big losers on Thursday. Affirm Holdings (NASDAQ: AFRM) has been a pioneer in the buy now, pay later space, but its stock hasn't kept up with the potential in the industry. Meanwhile, Digital Turbine (NASDAQ: APPS) fell prey to the same downward pressure that has affected so many other software companies in the cloud services industry.
Here's more on what sent both of these stocks lower Thursday.
Source Fool.com
