2 Surprising Nasdaq Stocks Taking Hits on a Big Rally Day
Investors finally got in a bullish mood on Wall Street on Thursday, taking some solace from some high-profile earnings reports. As of 3 p.m. ET, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up more than 3%, bouncing back from its recent declines.
However, the good mood didn't lift every stock in the market. In particular, a couple of stocks released results that didn't live up to expectations, sending their shares lower. Below, we'll look more closely at why O'Reilly Automotive (NASDAQ: ORLY) and Align Technology (NASDAQ: ALGN) were both down sharply on such a strong day for the overall stock market.
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Source Fool.com
