Zoom, MercadoLibre Smack Nasdaq Despite Earnings Strength

Once again, the Nasdaq Composite (NASDAQINDEX: ^IXIC) took the brunt of the hit, falling more than 1% even as other major stock benchmarks had only fractional percentage declines. What's interesting about the Nasdaq's behavior lately is that a bunch of high-growth stocks have seen their share prices fall even after delivering strong financial results. Shares of Zoom Video Communications fell nearly 5% Tuesday afternoon.