Nasdaq 100 fell -0.9% (-101 pts), closed at 11244 points, fell 3 days in a row, a 25-day low, fell -2.8% (-319 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 35 (23%) closed higher. 36% of all Nasdaq stocks ended higher.
In terms of sectors, all sectors were down with losses from -0.2% to -1.9%. 6 sectors outperformed the market. The market was down -1%; Communication, Consumer Defensive, Utilities were down -0.2%, but already the best performers; Energy was down -1.9%, the worst performer.
● Alnylam Pharmaceuticals (ALNY) largely rebounded 3.3% (+$7.63), closed at $237, rose 2.5% (+$5.67) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=ALNY
● Moderna (MRNA) plummeted -6.8% (-$14.01), closed at $193.24, rose 9% (+$15.89) for the week. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=MRNA
● First Solar (FSLR) largely fell -2.7% (-$4.32), closed at $155.09, rose 2.7% (+$4.13) for the week after a 2-week losing streak. The largest increase in volume today.
360miq.com/stockinfo?code=FSLR
● Adobe Systems Incorporated (ADBE) largely rebounded 3% (+$9.71), closed at $338.42, rose 2.4% (+$7.78) for the week, crossed above MA20 ($334.12).
360miq.com/stockinfo?code=ADBE
● Meta Platforms (META) largely rebounded 2.8% (+$3.21), closed at $119.36, rose 3% (+$3.46) for the week.
360miq.com/stockinfo?code=META
● Rivian Automotive (RIVN) plunged -6.8% (-$1.62), closed at $22.35, fell 6 days in a row, the worst % loss in 1 month, also a 151-day low, fell -18.1% (-$4.94) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=RIVN
● Telefonaktiebolaget LM Ericsson B ADR (ERIC) sank -6.6% (-$0.405), closed at $5.695, fell 3 days in a row, the worst % loss in nearly 2 months, also a 25-day low, fell -11.7% (-$0.755) for the week, fell 2 weeks in a row, crossed below MA50 ($6.03).
360miq.com/stockinfo?code=ERIC
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