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Nasdaq Market Update 2022-08-23

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Nasdaq 100 slightly fell -0.07% (-9.21 pts), closed at 12882 points, fell 3 days in a row.

Among the 150 largest-cap stocks, 63 (42%) closed higher. 52% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -0.6% to 3.3%. 3 sectors outperformed the market. The market was up 0.1%; Energy was up 3.3%, the best performer; Real Estate, Financial, Communication were down -0.6%, the worst performers.

● Palo Alto Networks (PANW) largely rebounded 12% (+$61.08), closed at $569.13, the best % gain in nearly 6 months, also a 77-day high, crossed above MA200 ($529.48). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PANW

● Zoom Video Communications (ZM) sank -16.6% (-$16.13), closed at $81.31, fell 3 days in a row, the worst % loss in more than 11 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=ZM

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

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