BIGC - Why BigCommerce Holdings Stock Spiked Today
Shares of BigCommerce Holdings (NASDAQ: BIGC) popped today on news that President Donald Trump's health may be improving and that lawmakers appear to be working on a new economic stimulus deal.
Tech stocks have generally moved on virus-related news over the past few months and BigCommerce's share price jump today appears to be more of the same. Shares were up by as much as 12.4% today and were up by 8.6% as of 3:06 p.m. EDT.
President Trump said this afternoon that he'd be heading back to the White House this evening. He spent three days in the hospital after he was diagnosed with COVID-19. Investors have been watching news of the president's health closely and were happy to see that he appears to be getting better.
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Why BigCommerce Holdings Stock Spiked Today