Moderna, Appian Lead Nasdaq to Record Highs
The Nasdaq Composite (NASDAQINDEX: ^IXIC) had to deal with something on Tuesday that it hasn't encountered much in 2020: standing on the sidelines and watching other major market benchmarks hit new record highs. Yet the Nasdaq could only put up with that situation for a single day. Even as those other indexes took a break, the Nasdaq finished Wednesday up about 0.5% and reaching a new all-time record level of its own.
Plenty of stocks contributed to the Nasdaq's gains, including some of the biggest players in the stock market. Yet particularly notable among winners listed on the exchange were Moderna (NASDAQ: MRNA) and Appian (NASDAQ: APPN), both of which posted double-digit percentage gains that speak to their respective potential for long-term growth.
Shares of Moderna were higher by 11% on Wednesday. The biotech company is getting a bunch of orders for its mRNA-1273 coronavirus vaccine candidate, and today's move came in the wake of yet another big deal.
Source Fool.com
