IGV is trading 2.85% up today, driven primarily by strong Atlassian and Doximity earnings.
- Atlassian beat fiscal fourth-quarter revenue and adjusted-earnings expectations; cloud revenue grew 31%, and optimistic guidance supported an enterprise-software rebound.
- Doximity exceeded revenue expectations and raised its full-year outlook.
- Unexpectedly weak July employment data lowered Treasury yields and revived hopes for less restrictive Federal Reserve policy, benefiting growth stocks.