Market Recap – April 19th
Yesterday markets moved upward on the open, with all major indexes seeing gains. Indeed, shortly after the open the Dow Jones Industrial Average was 1.1%, the S&P 500 was up 1.1%, and the Nasdaq was up 1.3%. Looking at two specific investments, we’re watching Netgear and Zendesk. Netgear saw a major drop, losing 10.6% in premarket hours after the networking equipment maker saw worse than expected results for quarterly revenues. On the other hand, Zendesk saw a 6.1% gain during premarket hours after a Bloomberg report that the customer service software developer is exploring a possible sale.
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.