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Nasdaq Market Update 2023-02-27

360MiQ 0

Nasdaq 100 rebounded 0.7% (+87.8 pts), closed at 12058 points.

Among the 150 largest-cap stocks, 102 (68%) closed higher. 59% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -0.5% to 1.7%. 4 sectors outperformed the market. The market was up 0.6%; Consumer Cyclical was up 1.7%, the best performer; Utilities was down -0.5%, the worst performer.

● Insulet (PODD) largely fell -4.1% (-$12.11), closed at $282.24, the worst % loss in more than 4 months, also a 35-day low, crossed below MA20 and MA50 ($292.09, $293.72). The worst performer but with average volume.
360miq.com/stockinfo?code=PODD

● Seagen (SGEN) jumped 10.4% (+$16.77), closed at $178.14, hit a YTD high. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=SGEN

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

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