ZS - These 2 Stocks Are Soaring in a Choppy Market
2023-05-08 11:58:00 ET
The stock market seemed to have a mild case of the Monday blues, as major benchmarks were down as much as half a percent as of 11 a.m. ET. Despite encouraging news on the job front late last week, investors seem to remain concerned about inflationary pressures and potential future actions from the Federal Reserve and other central banks across the globe.
Those concerns didn't hold every single stock back, though. Indeed, a pair of notable companies gave their shareholders plenty of good news early Monday. Read on to find out more about why Zscaler (NASDAQ: ZS) and Six Flags Entertaiment (NYSE: SIX) were among the big winners on Wall Street.
Shares of Zscaler soared nearly 20% early Monday. The cybersecurity specialist gave investors some advance notice that it believes its coming quarterly financial results will be stronger than most people had expected to see in a sluggish macroeconomic environment.
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These 2 Stocks Are Soaring in a Choppy Market