This Simple Thing Sent These 3 Nasdaq Stocks Soaring Tuesday
The Nasdaq Composite (NASDAQINDEX: ^IXIC) has consistently hit new highs for quite a while since the coronavirus bear market in early 2020. Even when it seemed as though the big rally in the broader stock market was coming to an end, the Nasdaq would bounce back and produce more momentum for stocks to continue moving higher.
Before the market opened on Tuesday morning, it looked as though the Nasdaq might take a bit of a breather, as Nasdaq futures were down about 18 points to 15,633 as of 7 a.m. EDT. However, a trio of Nasdaq stocks were on the move higher, and although the three are of different sizes and types, they all share one thing in common in making their shareholders very happy.
At first glance, the stocks involved don't appear to have anything to do with one another. Match Group (NASDAQ: MTCH) has become the giant of online dating, with its popular Tinder app driving its performance over the past several years. Just as the need for digital transformation has occurred at the corporate level, people have also found that using the internet for their personal lives has become increasingly easy and important.
Source Fool.com
