Avis and More Stocks That Are the Big Winners in the Nasdaq Hot Run -- Barrons.com

Dow Jones
04/17

By Alex Kozul-Wright

The tech-heavy Nasdaq index has been on a tear lately, highlighted by a 12-day winning streak. The last time that happened was in 2009.

Over the past 12 trading sessions, three of the top 10 movers in the index stand out: Avis, Allbirds and Xanadu Qantum.

From March 30 to April 16, their share prices soared 231%, 266% and 317%, respectively, according to Dow Jones Market Data.

Tech company fortunes appear to have been buoyed by the prospect of an extended U.S.-Iran cease-fire -- initially set to expire April 22.

An end to the war would likely reduce energy prices and ease monetary policy conditions -- good news for tech companies' bottom lines.

Deutsche Bank strategist Jim Reid wrote in a note Friday "markets remain broadly optimistic about the direction of travel."

Thirteen is meant to be an unlucky number. The Nasdaq might see it differently.

Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

April 17, 2026 10:31 ET (14:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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