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Nasdaq Market Update 2022-05-25

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Nasdaq 100 rebounded 1.5% (+174 pts), closed at 11944 points.

Among the 150 largest-cap stocks, 129 (86%) closed higher. 71% of all Nasdaq stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.5% to 3.3%. 5 sectors outperformed the market. The market was up 1.4%; Consumer Cyclical was up 3.3%, the best performer; Healthcare was up 0.5%, but already the worst performer.

● Coinbase Global (COIN) largely rebounded 9.5% (+$5.8) after a 3-day losing streak, closed at $67.16. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=COIN

● DexCom (DXCM) fell -2.3% (-$6.71), closed at $281.42, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=DXCM

● Zoom Video Communications (ZM) jumped 8.5% (+$8), closed at $102.34, crossed above MA20 ($94.78).
360miq.com/stockinfo?code=ZM

● Intuit (INTU) largely rebounded 8.3% (+$29.75), closed at $388.72, the best % gain in 6 months, crossed above MA20 ($386.43).
360miq.com/stockinfo?code=INTU

● Hologic (HOLX) largely fell -3% (-$2.38), closed at $76.01, the worst % loss in 1 month. The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=HOLX

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