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Nasdaq Market Update 2022-01-04

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Nasdaq 100 retreated -1.3% (-222 pts), closed at 16280 points.

Among the 150 largest-cap stocks, 50 (33%) closed higher. 39% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -2.5% to 3.3%. 7 sectors outperformed the market. The market was down -1.3%; Energy was up 3.3%, the best performer; Consumer Cyclical was down -2.5%, the worst performer.

Atlassian Corporation Plc (TEAM) tanked -4.4% (-$15.43), closed at $335.04, fell 3 days in a row, a 94-day low. The largest increase in volume.
360miq.com/stockinfo?code=TEAM

Diamondback Energy (FANG) surged 6.5% (+$7.28), closed at $119.12, rose 3 days in a row, a 806-day high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=FANG

Pinduoduo (PDD) tanked -11.2% (-$6.28), closed at $49.79, fell 3 days in a row, the worst % loss in more than 1 month, also a 419-day low. The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=PDD

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

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