It's a good day for the market as a whole, but it's a great day for a handful of technology stocks.
MicroVision (NASDAQ: MVIS) and SentinelOne (NYSE: S) are leading the charge with gains of 13.2% and 13.1%, respectively, as of as of 12:12 p.m. ET Tuesday, closely followed by Pinduoduo (NASDAQ: PDD) with its 12.8% advance. Several other familiar names like Twilio (NYSE: TWLO) , Zendesk (NYSE: ZEN) , and StoneCo (NASDAQ: STNE) aren't far behind. Investors are now shrugging off the potentially adverse impact of the omicron variant of the coronavirus, unwinding the steep sell-offs this latest mutation prompted last week.
If you're looking for news from (or even about) any of the six aforementioned technology companies , don't bother. It doesn't exist. In fact, you could also swap out these six stocks with any other six tech stocks rallying firmly today and once again not find any company-specific news behind the gains. That's because the rally is being driven by something much bigger: a change of heart. Traders don't fear the fallout of the omicron variant of the coronavirus as much as they did a week ago, when so little was known about it.
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Here's Why Tech Stocks Like Twilio and Zendesk Are Soaring Today