2 Little-Known Nasdaq Stocks Making Big Moves Wednesday
The stock market had a generally positive tone on Wednesday morning, although gains were modest after more sizable advances earlier in the week. As of 11:30 a.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by just 0.1%, although that will be enough to send the index to a new record high if it holds on to its gains for the remainder of the trading session.
Big-name Nasdaq stocks get a lot of attention, but on Wednesday it was a couple of smaller stocks that made noteworthy moves. BioLife Solutions (NASDAQ: BLFS) posted a strong gain on news that will lift its profile, but Cassava Sciences (NASDAQ: SAVA) fell sharply amid questions about a key product.
Shares of BioLife Solutions jumped more than 16% on Wednesday. Investors celebrated recognition that the small biotech company is steadily growing.
Source Fool.com
