The Nasdaq reached a closing high Thursday and stocks finished up as tech shares rose, offsetting worries about an increase in the number of Americans who filed for first-time unemployment benefits.
The Federal Reserve said the coronavirus pandemic would weigh heavily" on U.S. economic activity and the jobs market.
Here are some of the biggest gainers for Thursday.
1. Realogy Holdings | Percentage Increase Over 7%
Realogy Holdings (RLGY) - Get Report, owner of Coldwell Banker Real Estate, Century 21 and other brands, was higher. Last month, Moody's Investors Services said the company's announced credit-facility amendment helps ensure availability of revolver, a positive credit development
2. Finvolution Group | Percentage Increase Over 28%
Shanghai-based Finvolution Group FINV jumped Thursday. The company, which operates a fintech platform in China, was given an analyst ranking of 80 by InvestorsObserver, meaning the company is ranked higher by analysts than 80% of stocks. The company is scheduled to report second-quarter earnings on Tuesday.
3. Eventbrite | Percentage Increase Over 7%
Eventbrite (EB) - Get Report advanced. The event-management company, which saw its share price dive due to the coronavirus pandemic, recently announced new partnerships with Zoom Video Communications (ZM) - Get Report and Vimeo.
4. Elastic NV | Percentage Increase Over 9%
5. Zoom Video | Percentage Increase Over 6%
Zoom Video Communications (ZM) - Get Report rose after the video communications platform said users would be able to access its service on smart displays such as Facebook's (FB) - Get Report Portal, Alphabet's (GOOGL) - Get Report Google Next Hub Max, and Amazon's (AMZN) - Get Report Echo Show beginning later this year.