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Nasdaq Market Update 2022-04-01

360MiQ 0

Nasdaq 100 slightly rebounded 0.2% (+23.2 pts), closed at 14861 points, rose 0.7% (+107 pts) for the week, rose 3 weeks in a row.

Among the 150 largest-cap stocks, 92 (61%) closed higher. 59% of all Nasdaq stocks ended higher.

In terms of sectors, 10 sectors closed up, 2 sectors closed down, ranging from -0.7% to 2.1%. 8 sectors outperformed the market, the market internal was more positive. The market was up 0.4%; Basic Materials was up 2.1%, the best performer; Industrials was down -0.7%, the worst performer.

● Rivian Automotive Inc. Class A (RIVN) sank -7.6% (-$3.81), closed at $46.43, fell 3 days in a row, rose 0.6% (+$0.27) for the week, rose 3 weeks in a row. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=RIVN

● Alnylam Pharmaceuticals (ALNY) largely rebounded 3.7% (+$6.06), closed at $169.35, a 61-day high, rose 3.4% (+$5.54) for the week. The largest increase in volume today.
360miq.com/stockinfo?code=ALNY

● NetEase (NTES) largely rebounded 6.8% (+$6.13), closed at $95.82, a 24-day high, rose 2.3% (+$2.16) for the week, rose 3 weeks in a row, crossed above MA50 ($93.7). The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=NTES

● Baidu (BIDU) largely rebounded 6.6% (+$8.75), closed at $141.05, fell -3.7% (-$5.49) for the week, fell 2 weeks in a row, crossed above MA20 ($140.18).
360miq.com/stockinfo?code=BIDU

● Pinduoduo (PDD) largely rebounded 6.3% (+$2.52), closed at $42.63, fell -3.6% (-$1.61) for the week after a 2-week winning streak, crossed above MA20 ($40.39).
360miq.com/stockinfo?code=PDD

● Old Dominion Freight Line (ODFL) tumbled -6.7% (-$20.09), closed at $278.59, fell 3 days in a row, the worst % loss in nearly 2 years, also hit a YTD low, fell -11.2% (-$35.17) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=ODFL

360miq.com/market?data=NASDAQ#tab-3

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