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Nasdaq Market Update 2024-06-13

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Nasdaq 100 rose +0.6% (+112 pts), closed at 19577 points, rose 4 days in a row, hit a record high.

Among the 150 largest-cap stocks, 48 (32%) closed higher. Despite Nasdaq 100 rising 0.6%, only 34% of all Nasdaq stocks rose with the index.

In terms of sectors, 4 sectors closed up, 8 sectors closed down, the market internal was more negative, ranging from -1.6% to +1.2%. 3 sectors outperformed the market. The market was up +0.1%; Technology was up +1.2%, the best performer; Energy was down -1.6%, the worst performer.

● Liberty Media Corporation Series A Liberty Live (LLYVA) fell -2.2% (-$0.77), closed at $33.97, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=LLYVA

● Super Micro Computer (SMCI) surged +12.4% (+$96.42), closed at $871.165, crossed above MA20 and MA50 ($830.94, $842.04). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SMCI

● Broadcom (AVGO) surged +12.3% (+$183.78), closed at $1679.29, rose 5 days in a row, the best % gain in more than 50 months, also hit a record high.
360miq.com/stockinfo?code=AVGO

● MicroStrategy Incorporated (MSTR) largely retreated -7.5% (-$119.68), closed at $1483.99, the worst % loss in more than 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MSTR

● Warner Bros Discovery (WBD) plunged -6.4% (-$0.5), closed at $7.31, fell 5 days in a row, the worst % loss in more than 1 month, also hit a record low.
360miq.com/stockinfo?code=WBD

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

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