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Nasdaq Market Update 2022-05-11

360MiQ 0

Nasdaq 100 largely retreated -3.1% (-378 pts), closed at 11968 points, hit a YTD low.

Among the 150 largest-cap stocks, 25 (17%) closed higher. Only 21% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -4.5% to 1.5%. 8 sectors outperformed the market. The market was down -2.9%; Energy was up 1.5%, the best performer; Consumer Cyclical was down -4.5%, the worst performer.

● Li Auto (LI) rose 2.3% (+$0.46), closed at $20.13. The largest increase in volume.
360miq.com/stockinfo?code=LI

● Electronic Arts (EA) soared 7.9% (+$8.86) after a 4-day losing streak, closed at $120.46, the best % gain in more than 25 months. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=EA

● Lucid Group (LCID) tumbled -13% (-$2.08), closed at $13.87, fell 5 days in a row, the worst % loss in more than 2 months, also hit a YTD low. The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=LCID

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

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