3 Tech Stocks That Soared This Week

The stock markets took a strange, swingy, but ultimately bland ride this week. But Mindbody, Qorvo, and Etsy opted out, reaching for a great week instead. Here's how.

Anders Bylund
Anders Bylund
Aug 15, 2015 at 12:08PM
Technology and Telecom

The stock market just finished a wacky week, with wild swings both up and down. By Friday night, the major indices had settled down fairly close to Monday's starting levels. The S&P 500 index rose as much as 1.3% before falling back to a 0.7% gain. The Dow Jones Industrials fell 1.3% at worst but recovered to a 0.6% final boost. The tech-heavy Nasdaq Composite market barometer dipped as much as 1.8% lower, and ended the week just 0.1% above breakeven.

But some tech stocks ignored that crazy roller coaster and spread their wings instead.

Mindbody (NASDAQ:MB), (NASDAQ:MB) which makes business management software for health and wellness operations, jumped 19% higher thanks to a fresh business partnership. Etsy (NASDAQ:ETSY) bounced 27% higher as investors forgave the handmade-goods marketplace for the previous week's earnings gaffe. Meanwhile, radio signal processor designer Qorvo (NASDAQ:QRVO) gained 12% because of a shareholder-friendly buyback policy.

Want to dig deeper into these market-beating tech stocks? Start with the following slideshow.