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.
Source Fool.com