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Nasdaq Market Update 2024-05-14

360MiQ 0

Nasdaq 100 rose +0.7% (+124 pts), closed at 18323 points, rose 4 days in a row, a 35-day high.

Among the 150 largest-cap stocks, 87 (58%) closed higher. 65% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to +0.9%. only 2 sectors outperformed the market. The market was up +0.7%; Energy, Technology were up +0.9%, the best performers; Basic Materials was down -0.2%, but already the worst performer.

● Celsius (CELH) soared +5.7% (+$4.94), closed at $91.52, rose 5 days in a row, a 34-day high. The best performer but with average volume.
360miq.com/stockinfo?code=CELH

● Applovin Corp (APP) largely fell -3.4% (-$2.95), closed at $83.42. The worst performer but with average volume.
360miq.com/stockinfo?code=APP

● Super Micro Computer (SMCI) largely rebounded +5.1% (+$39.65) after a 3-day losing streak, closed at $822.41, crossed above MA20 ($809.45).
360miq.com/stockinfo?code=SMCI

● Vodafone Group PLC ADR (VOD) spiked +4.7% (+$0.41), closed at $9.18, rose 4 days in a row, the best % gain in nearly 15 months, also a 45-day high, crossed above MA200 ($8.78). The largest increase in volume.
360miq.com/stockinfo?code=VOD

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

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