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Nasdaq Market Update 2022-04-21

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Nasdaq 100 largely fell -2% (-279 pts), closed at 13720 points, a 25-day low.

Among the 150 largest-cap stocks, 18 (12%) closed higher. Only 19% of all Nasdaq stocks ended higher, the least for nearly 3 months.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4% to 0.5%. 5 sectors outperformed the market, the market internal was more negative. The market was down -2.1%; Industrials was up 0.5%, the best performer; Energy was down -4%, the worst performer.

● United Airlines (UAL) surged 9.3% (+$4.33), closed at $50.85, rose 3 days in a row, the best % gain in nearly 17 months, also hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=UAL

● Enphase Energy (ENPH) plunged -12.3% (-$21.97), closed at $156.56, the worst % loss in more than 11 months, also a 37-day low, crossed below MA50 ($175.65). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ENPH

● Align Technology (ALGN) tumbled -8.5% (-$35.53), closed at $383.65, the worst % loss in more than 22 months, also a 26-day low.
360miq.com/stockinfo?code=ALGN

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

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