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Nasdaq Market Update 2022-11-07

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Nasdaq 100 rose 1.1% (+120 pts), closed at 10977 points.

Among the 150 largest-cap stocks, 107 (71%) closed higher. 55% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 3 sectors closed down, ranging from -3.3% to 2.6%. 4 sectors outperformed the market. The market was up 1%; Energy was up 2.6%, the best performer; Basic Materials was down -3.3%, the worst performer.

● Meta Platforms (META) spiked 6.5% (+$5.94), closed at $96.73, the best % gain in more than 3 months. The best performer but with average volume.
360miq.com/stockinfo?code=META

● Ryanair Holdings PLC ADR (RYAAY) largely rose 3.4% (+$2.37), closed at $71.42, rose 3 days in a row, a 38-day high. The largest increase in volume.
360miq.com/stockinfo?code=RYAAY

● Trade Desk (TTD) tumbled -5.4% (-$2.52), closed at $43.73, fell 9 days in a row, a 72-day low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=TTD

● Tesla (TSLA) plunged -5% (-$10.46), closed at $197.01, hit a YTD low.
360miq.com/stockinfo?code=TSLA

● Enphase Energy (ENPH) tumbled -4.8% (-$13.62), closed at $268.82, the worst % loss in 1 month, crossed below MA20 ($269.46).
360miq.com/stockinfo?code=ENPH

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

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