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Software Sell-Off Hits Nasdaq; Workday, DigitalOcean, Meritage Homes In Focus

Software Sell-Off Hits Nasdaq; Workday, DigitalOcean, Meritage Homes In Focus

FromStock Market Today With IBD


Software Sell-Off Hits Nasdaq; Workday, DigitalOcean, Meritage Homes In Focus

FromStock Market Today With IBD

ratings:
Length:
21 minutes
Released:
Jun 7, 2023
Format:
Podcast episode

Description

The Russell 2000 small-cap index outperformed again, but several software stocks came under heavy selling pressure. Volume rose, giving the Nasdaq composite and S&P 500 another distribution day. Workday looks ready to test the 200 level; DigitalOcean halted an eight-session win streak, while Meritage Homes topped a new buy point.
Released:
Jun 7, 2023
Format:
Podcast episode

Titles in the series (100)

A roundup of the most compelling market action each trading day at the closing bell from Investor's Business Daily.