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Nasdaq Market Update 2024-05-22

360MiQ 0

Nasdaq 100 slightly fell -0.05% (-8.8 pts), closed at 18705 points.

Among the 150 largest-cap stocks, 70 (47%) closed higher. 39% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, ranging from -2.1% to +0.4%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.2%; Healthcare was up +0.4%, but already the best performer; Energy was down -2.1%, the worst performer.

● First Solar (FSLR) soared +18.7% (+$39.6), closed at $251.705, the best % gain in more than 1 year, also hit a record high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=FSLR

● Moderna (MRNA) surged +13.7% (+$19.7), closed at $163.39, rose 8 days in a row, the best % gain in 17 months, also hit a YTD high.
360miq.com/stockinfo?code=MRNA

● BioNTech SE (BNTX) jumped +11.1% (+$10.19), closed at $102.26, the best % gain in nearly 19 months, also an 89-day high, crossed above MA200 ($99.58). The largest increase in volume.
360miq.com/stockinfo?code=BNTX

● Analog Devices (ADI) soared +10.8% (+$23.48), closed at $240.12, the best % gain in 50 months, also hit a record high.
360miq.com/stockinfo?code=ADI

● Lululemon Athletica (LULU) tanked -7.2% (-$23.34), closed at $299.64, fell 6 days in a row, the worst % loss in 2 months, also hit a YTD low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=LULU

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

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