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Hot Stocks: Chinese internet stocks rise; ACCD drops 50%; VRSN sets low; ZYME jumps on takeover bid

April 30, 2022
Source: seekingalpha.com seekingalpha.com
News Snapshot:
Hot Stocks: Chinese internet stocks rise; ACCD drops 50%; VRSN sets low; ZYME jumps on takeover bid Stocks plunged on Friday, hurt by a negative reaction to the latest round of tech earnings, with Amazon posting its biggest single-day loss in more than 15 years. The Nasdaq led the decline, falling 4.2% and recording its worst monthly performance since the Financial Crisis. Even amid a wash of red for the overall markets, Accolade ( ACCD ) represented a standout decliner. The stock lost about half its value on earnings news. A disappointing quarterly report also sparked selling in VeriSign (NASDAQ:...
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