Facebook, ONEOK, Tripadvisor, Sequenom: Close Market Update

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HFA Staff
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Today’s market was positive all around, with the S&P 500, the Nasdaq and the Dow Jones all making gains. At close, the S&P 500 had put on weight at 0.26%, the Nasdaq  gained 0.71% and the Dow Jones added 0.09%. The big movers on today’s market included Facebook Inc (NASDAQ:FB), ONEOK, Inc. (NYSE:OKE), Tripadvisor Inc (NASDAQ:TRIP), and Sequenom, Inc (NASDAQ:SQNM). Here’s why they went the way they did: Facebook Inc (NASDAQ:FB) gained close to 30% today after the company’s earnings report, delivered on Wednesday after the market closed, beat analyst expectations by a wide margin. The estimated earnings from the…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.