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Nasdaq Market Update 2024-11-21

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Nasdaq 100 rose +0.4% (+73.8 pts), closed at 20741 points.

Among the 150 largest-cap stocks, 121 (81%) closed higher. 66% of all Nasdaq stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -2.6% to +2.8%. 9 sectors outperformed the market. The market was down -0.3%; Utilities was up +2.8%, the best performer, reflecting a more conservative market sentiment; Communication was down -2.6%, the worst performer.

● MongoDB (MDB) largely rebounded +12% (+$33.68), closed at $315.44, the best % gain in more than 2 months, also a 122-day high, crossed above MA200 ($307.63). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=MDB

● MicroStrategy Incorporated (MSTR) largely retreated -16.2% (-$76.55) after a 4-day winning streak, closed at $397.28, the worst % loss in more than 6 months. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MSTR

● PDD (PDD) tumbled -10.6% (-$12.4), closed at $104.09, the worst % loss in nearly 3 months, also a 42-day low. The largest increase in volume.
360miq.com/stockinfo?code=PDD

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

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