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Nasdaq Market Update 2022-05-13

360MiQ 0

Nasdaq 100 surged 3.7% (+441 pts), closed at 12387 points, the best % gain in 14 months, fell -2.4% (-307 pts) for the week, fell 6 weeks in a row.

Among the 150 largest-cap stocks, 145 (97%) closed higher, 122 of them rose with a lower volume. 79% of all Nasdaq stocks ended higher, the most in nearly 2 months, good for the market.

In terms of sectors, all sectors were up with gains from 1.6% to 5.6%. 3 sectors outperformed the market. The market was up 3.7%; Consumer Cyclical was up 5.6%, the best performer, reflecting an increasing risk appetite; Financial was up 1.6%, but already the worst performer.

● MongoDB (MDB) jumped 16.5% (+$40.53), closed at $286.22, the best % gain in 2 months, fell -4.5% (-$13.49) for the week, fell 6 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=MDB

● Ryanair Holdings (RYAAY) largely rebounded 3.5% (+$2.77) after a 6-day losing streak, closed at $83.04, the best % gain in 1 month, fell -2.8% (-$2.42) for the week, fell 4 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=RYAAY

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

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