It's amazing just how much the Nasdaq Composite (NASDAQINDEX: ^IXIC) has been able to outperform the broader market lately. It seems as though nearly every day, the Nasdaq either rises more than other benchmarks, loses less, or manages to post a gain when other indexes are falling. That was the case again in premarket trading on Wednesday, as Nasdaq futures were down less than those of other indexes.
Nevertheless, cross-currents affect the Nasdaq just as much as other stock markets. On Wednesday morning, there were a couple of big-moving stocks, with Coupa Software (NASDAQ: COUP) making a big move higher even as Bumble (NASDAQ: BMBL) moved lower. Below, we'll look at why Coupa scored a coup while Bumble saw its stock price stumble.
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Only 1 of These 2 Nasdaq Stock Favorites Is Winning Today