Why Esty, Wayfair, and Adobe Are Up Big Today
Shares of Etsy (NASDAQ: ETSY), Wayfair (NYSE: W), and Adobe (NASDAQ: ADBE) jumped in early-morning trading on Friday. All three of these stocks rose by double digits before settling down. As of 1:22 p.m. EDT, they were up 5%, 5%, and 7%, respectively.
It's been a historically brutal week on Wall Street, but we appear to be closing out the week out on a high note. The S&P 500, Dow Jones Industrial Average, and Nasdaq all rose as much as 6% in the early morning before moderating a bit. The three major U.S. indices are currently up about 3.5%.
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Source Fool.com
