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Stock impact report

14 Stay-at-Home Stocks to Watch as New Covid Variant Omnicron Roils Stocks [MarketWatch]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: MarketWatch
It's too early to say whether or not the Omicron variant will evade vaccines and lead to fresh lockdowns, but that didn't stop investors from piling into more than a dozen stay-at-home standouts. Barron's screened for Nasdaq Composite stocks with market capitalizations of at least $4 billion that rose in 2020 but were down year to date through Wednesday. Of them, 14 familiar suspects rose in Friday trading, while the broader Nasdaq Composite index was down 2.2%. Shares of Quidel Zoom Video Communications (ZM) stock may be the poster child for stay-at-home stocks, so it's no surprise traders sent shares 5.7% higher on Friday. The stock recently sank amid disappointing growth prospects coming out the pandemic. The same is true for at-home exercise phenomenon Peloton Interactive (PTON), which also rose 5.7% on Friday. The holiday season will be a crucial test for the fitness firm, as the company seeks to add new members while keeping existing ones from turning to gym memberships. Show less Read more
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