Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

These 2 Nasdaq Stocks Want to Follow in Zoom's Footsteps


The Nasdaq Composite (NASDAQINDEX: ^IXIC) has been on fire, and Tuesday continued the upward momentum for the tech-heavy benchmark. As of just before noon EDT, the Nasdaq was up by triple digits, rising almost 1% and easily leading its broader-market peers.

Contributing a lot to the Nasdaq's gains on Tuesday was the latest quarterly report from Zoom Video Communications (NASDAQ: ZM), which sent that stock up more than 30%. However, there are two other tech stocks in the software-as-a-service arena that are hoping to deliver equally impressive results later this week: CrowdStrike Holdings (NASDAQ: CRWD) and DocuSign (NASDAQ: DOCU).

CrowdStrike shares rose 10% at midday on Tuesday as investors anticipate the company's latest results. CrowdStrike expects to release its quarterly report Wednesday afternoon.

Continue reading


Source Fool.com

Like: 0
Share

Comments