Market Recap – February 15th
After a rather negative start, the markets unleashed a comeback effort throughout the whole day to end up on the green side after what have been some confusing days. Key earnings influenced the indices throughout the day, and investors are still awaiting more economic data to influence their decisions. Overall, the markets finished with the S&P 500 up 0.28%, the Dow Jones up 0.11%, and the NASDAQ up 0.92%.
Some of these big earnings included The Trade Desk, who rose by 32.81% to $66.30 after positive earnings and comments from the CEO, including an announcement for a $700 million share buyback plan. Another one was Roblox, rising by 26.38% to $45.08 due to a boost in fourth quarter bookings and better than expected results, showing the great day tech had.
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I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.