OPAD - Here's Why These 2 Stocks Soared 28% and 57% to Start 2023
The stock market is off to a positive start in 2023, with the Nasdaq-100 technology index trading higher by more than 6% so far. If this continues -- and history suggests it might -- this year could be the polar opposite of 2022, when the index declined by more than 33%.
But the recent gain in the Nasdaq-100 pales in comparison to the surge in shares of Axcelis Technologies (NASDAQ: ACLS) and Offerpad Solutions (NYSE: OPAD) , which have jumped 28% and 57%, respectively, to start the year.
Interestingly, the two companies experienced very different journeys during the tech sell-off in 2022. Here are the unique reasons behind their juicy returns so far in 2023.
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Here's Why These 2 Stocks Soared 28% and 57% to Start 2023