5 Stocks Gained 14% or More During the Nasdaq Selloff. Here Is Why

Five US stocks gained 14% to 31% on Thursday or after hours as the Nasdaq selloff sank the index 5.52%, each lifted by fresh earnings. The selloff erased the Dow’s post-election advance on fears that a Democratic sweep could slow data-center spending, dragging Nvidia down 9% and Broadcom 10%. Cloudflare, meanwhile, fell 8.3% in the regular session before it reported. Which Stocks Rose Inside the Nasdaq Selloff? AppLovin (APP), a mobile advertising software firm, closed up 31.04% at $356.10, per Yahoo . Third-quarter revenue rose 55% to $2.18 billion. Its fourth-quarter revenue outlook of $2.365 billion to $2.395 billion topped the $2.25 billion analysts expected. However, the stock slipped 2.27% to $348.00 in after-hours trading at 5:01 p.m. ET.

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