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Nasdaq Market Update 2022-08-11

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Nasdaq 100 retreated -0.6% (-86 pts), closed at 13292 points.

Among the 150 largest-cap stocks, 64 (43%) closed higher. Despite Nasdaq 100 falling -0.6%, 55% of all Nasdaq stocks rose against the index.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, ranging from -1.2% to 3.9%. 6 sectors outperformed the market. The market was down -0.5%; Energy was up 3.9%, the best performer; Healthcare was down -1.2%, the worst performer.

● Coinbase Global (COIN) largely retreated -10.8% (-$10.15), closed at $83.99. The worst performer but with average volume.
360miq.com/stockinfo?code=COIN

● Sanofi ADR (SNY) largely fell -3.8% (-$1.725), closed at $43.475, fell 4 days in a row, hit a YTD low. The largest increase in volume.
360miq.com/stockinfo?code=SNY

● Genmab AS (GMAB) jumped 5.6% (+$2), closed at $37.685, the best % gain in nearly 2 months, also a 77-day high. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=GMAB

● Polestar Automotive Holding UK PLC Class A ADS (PSNY) jumped 5.1% (+$0.49), closed at $10.07, the best % gain in more than 1 month, crossed above MA50 ($9.76).
360miq.com/stockinfo?code=PSNY

● Pinduoduo (PDD) jumped 5% (+$2.36) after a 4-day losing streak, closed at $49.62, the best % gain in more than 1 month.
360miq.com/stockinfo?code=PDD

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

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