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Nasdaq Market Update 2022-09-22

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Nasdaq 100 fell -1.2% (-136 pts), closed at 11502 points, fell 3 days in a row, a 65-day low.

Among the 150 largest-cap stocks, 27 (18%) closed higher. Only 18% of all Nasdaq stocks ended higher.

In terms of sectors, 11 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 0%. 4 sectors outperformed the market, the market internal was more negative. The market was down -1.3%; Communication remained unchanged, but already the best performer; Consumer Cyclical was down -2.7%, the worst performer.

● Airbnb Inc (ABNB) tumbled -9% (-$10.3), closed at $103.71, fell 3 days in a row, the worst % loss in more than 3 months, also a 40-day low, crossed below MA50 ($113.94). The worst performer but with average volume.
360miq.com/stockinfo?code=ABNB

● Li Auto Inc (LI) largely rebounded 4.8% (+$1.12), closed at $24.22, the best % gain in more than 2 months. The best performer with the largest increase in volume.
360miq.com/stockinfo?code=LI

● Trip.com Group Ltd ADR (TCOM) largely rebounded 4.8% (+$1.18), closed at $25.61, the best % gain in more than 2 months, crossed above MA200 ($24.48).
360miq.com/stockinfo?code=TCOM

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

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