You've Probably Never Heard of the Stock Market's Biggest Winner Wednesday
The stock market was generally higher on Wednesday, with light trading activity due to the Veterans Day holiday. Market participants continued to have high hopes for a recovery from the worst of the coronavirus crisis, despite the fact that COVID-19 case counts continued at elevated levels throughout the U.S. and in many parts of the world.
Tech stocks rebounded overall, giving that segment a much-needed lift after a considerable downdraft in recent days. Just before 11:30 a.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 68 points to 29,489. The S&P 500 (SNPINDEX: ^GSPC) rose 26 points to 3,571, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 178 points to 11,732.
There's a stock that few people had ever heard of before today that became the big winner on Wednesday morning. At the same time, though, there's another company that made a move it's done countless times before, and investors aren't happy about it happening yet again. Below, you'll learn about both of those stocks and what their prospects look like down the road.
Source Fool.com
