FLGT - Stock Markets Sink but These 2020 Stock Winners Look Good for the New Year
New Year's celebrations are likely to look a lot different this year than most, as many people heed warnings to steer clear of mass gatherings during the global COVID-19 pandemic. Wall Street also seems to have had some cold water thrown on what was otherwise an extremely strong year for the stock market , as major market benchmarks are down at midday on New Year's Eve. As of noon EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 39 points to 30,370. The S&P 500 (SNPINDEX: ^GSPC) lost 3 points to 3,729, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) eased lower by 36 points to 12,834.
Yet even with the markets losing ground, several of the year's best-performing individual stocks kept up their momentum. Shares of Fulgent Genetics (NASDAQ: FLGT) and Celsius Holdings (NASDAQ: CELH) have already soared in 2020, but investors were willing to put more money to work and send their share prices still higher on the final day of the year.
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Stock Markets Sink, but These 2020 Stock Winners Look Good for the New Year