5 Stocks Gained 14% or More During the Nasdaq Selloff. Here Is Why

Five stocks—AppLovin, Warby Parker, EPAM, Cloudflare and JFrog—rallied 14% or more on Thursday even as the Nasdaq sold off broadly. The outsized gains came as investors rotated into company-specific stories rather than following the index lower. The moves matter because they show dispersion remains high, with earnings and guidance able to override macro-driven selling pressure. Traders will watch whether these names hold their gains and whether the relative strength spreads to other software and consumer names in the sessions ahead.