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Why Shopify, Nvidia, and Roku Stocks Rallied Early Thursday


A broad cross section of the stock market was firmly in rally mode on Thursday, resuming its upsurge from earlier this week. This helped many stocks gain ground, riding the coattails of the broader market indexes as they climbed higher. Many technology stocks have been beaten down over the past year, and investors are increasingly looking for bargains amid the rubble, particularly on the off chance that the worst of the bear market is behind them -- and evidence suggests they may be right.

As a result, Shopify (NYSE: SHOP) surged 8%, Nvidia (NASDAQ: NVDA) jumped 4.9%, and Roku (NASDAQ: ROKU) gained 4.4% as of 11:47 a.m. ET.

Image source: Getty Images.

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Source Fool.com

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