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home / news releases / SNOW - Hot Stocks: M surges on earnings; BABA BIDU drive Chinese stocks; NTNX SNOW fall; PLAB sets high

SNOW - Hot Stocks: M surges on earnings; BABA BIDU drive Chinese stocks; NTNX SNOW fall; PLAB sets high

Intrawest Resorts Holdings Inc.
A rebound in the retail sector, prompted in part by earnings news from well-known low-cost retailers, helped drive notable gains on Wall Street during Thursday's session. The Nasdaq led the advance, climbing by 2.7%, while the Dow rose more than 500 points. Within the retail sector, Macy's (M) was another notable winner. Inspired by earnings news, shares of the department store chain posted a double-digit percentage gain, adding to a rebound that started during the previous session. Chinese tech stocks also contributed to the overall upswing. Strong earnings from Baidu (NASDAQ:BIDU) and Alibaba (NYSE:BABA) spurred gains in names like JD.com (JD), Pinduoduo (PDD) and NetEase (NTES).  Photronics (PLAB) ranked among the notable gainers as well, with financial figures driving the stock to a 52-week high. On the other side of the spectrum, Nutanix (NTNX) lost nearly a quarter of its value on a weak forecast included in its latest quarterly

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Hot Stocks: M surges on earnings; BABA, BIDU drive Chinese stocks; NTNX, SNOW fall; PLAB sets high
Stock Information
Company Name: Intrawest Resorts Holdings Inc.
Stock Symbol: SNOW
Market: NYSE
Website: snowflake.com
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