APPH - These 2 Nasdaq Stock Winners Could Change the World
The stock market had a tough day on Monday, and once again, negative attention centered on the Nasdaq Composite (NASDAQINDEX: ^IXIC) . The index's 1% drop as of 2:15 p.m. EDT was bigger than what other major market benchmarks faced, in part because the appetite for high-priced stocks seems to have waned considerably over the past few months.
However, a couple of Nasdaq stocks were big winners on Monday, and they both have innovative business models that could have a positive influence on the world. AppHarvest (NASDAQ: APPH) and Summit Therapeutics (NASDAQ: SMMT) had notable gains to start the week. Below, we'll go into the details to see why investors are paying close attention to these two Nasdaq winners.
Shares of AppHarvest had a solid gain of more than 8% on Monday afternoon. The stock only recently came public through a merger with a special purpose acquisition company , and this was the first chance that investors had to see the sustainable-farming company's full potential.
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These 2 Nasdaq Stock Winners Could Change the World