3 Impressive Tech Earnings Reports Last Week
It was a wild week for tech. Growth stocks were slammed throughout most of the week. Though they recovered some ground on Monday, as the Nasdaq Composite rose about 1%. Despite weakness in growth stocks, however, many more established and slower-growing tech stocks performed very well during the week. This caused the Nasdaq to rise a total of 2% for the week.
Looking beyond this broader-market volatility, there was plenty of information for long-term investors to digest as earnings season continues. Three tech stocks' earnings reports from last week that are worth taking a closer look at are Activision Blizzard (NASDAQ: ATVI), PayPal Holdings (NASDAQ: PYPL), and Datadog (NASDAQ: DDOG). All three of these companies released better-than-expected results, sending their shares higher following their earnings releases.
Let's take a look.
Source Fool.com
