Stock markets are touching new heights these days and experts are predicting a successful second quarter after this great initial push. Bloomberg reviewed some of the hottest stocks of Thursday, analyzing the market trends and overall market progress. Let’s take a look at the best stock options in the technology sector.
Recovering from the yesterday’s tumble of 14%, GoPro Inc (NASDAQ:GPRO) came up today and made its place into the news. GoPro Inc (NASDAQ:GPRO) has been the top stock and a hot option for the buyers these days. GoPro Inc (NASDAQ:GPRO) came up with more than a 100% leap as compared to the fading performance on Wednesday as the camera-maker’s post-IPO rally finally fizzled.
Facebook Inc (NASDAQ:FB) is buying the San Francisco-based video ad firm LiveRail in an effort to expand its ads business. This acquisition apparently gave a good push in the stock market today, where Facebook Inc (NASDAQ:FB) went up higher in after-hours trading after closing down -2.37% to $66.45 today. Facebook Inc (NASDAQ:FB) acquisition will also make the investors interested in its stock options in the coming weeks.
At the top of the list of the hottest tech stocks today is Nokia Corporation (ADR) (NYSE:NOK), the Finnish tech giant which announced that its buying SAC Wireless, a privately held installer of wireless network equipment. The acquisition announcement always gives you a high end in the market, so share price of Nokia Corporation (ADR) (NYSE:NOK) ended up at $7.61 with day range of $7.60 – 7.67, making Nokia Corporation (ADR) (NYSE:NOK) the hottest tech stocks of Thursday.