It was a pretty ordinary day in the US Market on Tuesday, with many red arrows. Dow Jones Industrial Average Index dropped 104.9 points or 0.58%, NASDAQ Composite dropped 16.25 points or 0.32% and S&P 500 dropped 12.92 points or 0.61% on Tuesday. But there were some big gainers on the day though. Some big names like Google Inc (NASDAQ:GOOGL), Netflix, Inc. (NASDAQ:NFLX) and Twitter Inc (NYSE:TWTR) gained big on Tuesday due to various reasons. FBN’s Nicole Petallides reported on Fox Business about the biggest gainers on Tuesday.
Petallides reported that the stocks on Wall street had back and forth action before all of them ending on negatives. She said that Dow Jones Industrial average, NASDAQ Composite and S&P 500 ended losing some points on the day.
Post the disastrous Germanwings Crash at French Alps, she said that some of the airline stocks squeezed out some profits. Although she pointed out that most of the airline stock dropped as soon as the news about the crash broke out, but some of them managed to squeeze out some profits.
She pointed out that Netflix, Inc. (NASDAQ:NFLX) was a winner on Tuesday. Netflix, Inc. (NASDAQ:NFLX) stock gained 3.12% as it closed on Tuesday. Petallides pointed out that this was due to the fact that Cantor Fitzgerald had raised it price target on Netflix, Inc. (NASDAQ:NFLX) stock to $500.
Another biggest gainer of the day was Twitter Inc (NYSE:TWTR). Twitter Inc (NYSE:TWTR) stock has gained a whopping 6.2% on the day. Petallides said that MKM Partners had noted on Tuesday that Twitter Inc (NYSE:TWTR) stock had brokeout.
Google Inc (NASDAQ:GOOGL) was another big gainer of the day. Google Inc (NASDAQ:GOOGL) stock gained 2.15% on the day after the announcement about the appointment of its new CFO. Petallides said that CFO of Morgan Stanley Ruth Porat is leaving the company to join as new CFO of Google Inc (NASDAQ:GOOGL). She pointed out that Porat is leaving the Wall Street to the high tech company.
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