These 2 Unlikely Winners Are Up 20%-Plus on a Gloomy Stock Market Day
The stock market has been on edge throughout September, and Tuesday started off with the same kind of volatility we've seen all month long. Stocks initially moved higher in an attempt to rebound from Monday's sizable decline.
However, markets quickly gave up most of those gains. By just before 11 a.m. EDT, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 48 points to 27,099. The S&P 500 (SNPINDEX: ^GSPC) managed a small gain of four points to 3,285, however, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 24 points to 10,803.
Yet even as the broader stock market struggled to find direction, a couple of stocks showed no hesitation in shooting upward. GameStop (NYSE: GME) has been under pressure for a long time, but a new idea brought investors hope that the worst might be over for the video game retailer. Meanwhile, Carvana (NYSE: CVNA) announced its latest financial results, and shareholders liked what the innovative car retailer had to say.
Source Fool.com
