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Nasdaq Market Update 2024-02-05

360MiQ 0

Nasdaq 100 slightly retreated -0.2% (-30 pts), closed at 17613 points.

Among the 150 largest-cap stocks, 50 (33%) closed higher. Only 26% of all Nasdaq stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.2% to 0.5%. only 1 sector outperformed the market, the market internal was more negative. The market was down -0.2%; Technology was up 0.5%, the best performer; Utilities was down -2.2%, the worst performer.

● Zscaler (ZS) largely retreated -4.9% (-$11.91), closed at $232.09, the worst % loss in 4 months, crossed below MA20 ($234.08). The largest increase in volume.
360miq.com/stockinfo?code=ZS

● Super Micro Computer (SMCI) soared 14.5% (+$84.31), closed at $663.94, hit a record high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SMCI

● Coinbase Global (COIN) plunged -9.2% (-$11.945), closed at $117.275, the worst % loss in 1 month, also hit a YTD low. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=COIN

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

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