Why Facebook, Zoom Video, and Okta Stocks All Jumped on Thursday
Shares of Facebook (NASDAQ: FB), Zoom Video Communications (NASDAQ: ZM), and Okta (NASDAQ: OKTA) all jumped sharply on Friday. By the time the market closed, these stocks were up 3.4%, 5.3%, and 6.2%, respectively. At their highest levels during the trading day, shares of these companies rose as much as 4.9%, 6.3%, and 8.6%.
For the most part, there wasn't any meaningful company-specific news driving these stock prices today. Indeed, the primary reason for these stocks' moves may simply be a bullish day in the overall market -- especially for tech stocks.
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Source Fool.com
