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Nasdaq Market Update 2022-09-30

360MiQ 0

Nasdaq 100 largely fell -1.7% (-194 pts), closed at 10971 points, hit a YTD low, fell -3% (-340 pts) for the week, fell 3 weeks in a row, fell -10.6% (-1301 pts) for the month.

Among the 150 largest-cap stocks, 29 (19%) closed higher. 44% of all Nasdaq stocks ended higher.

In terms of sectors, 1 sector closed up, 10 sectors closed down, 1 sector remained unchanged, ranging from -2% to 0.6%. 7 sectors outperformed the market. The market was down -1.4%; Real Estate was up 0.6%, the best performer; Technology was down -2%, the worst performer.

● Pinduoduo (PDD) largely rebounded 3% (+$1.8), closed at $62.57, rose 4.2% (+$2.52) for the week after a 3-week losing streak, fell -12.2% (-$8.73) for the month. The best performer today but with average volume.
360miq.com/stockinfo?code=PDD

● Lululemon Athletica (LULU) tumbled -7% (-$20.88), closed at $279.34, the worst % loss in more than 4 months, also a 54-day low, fell -4.7% (-$13.86) for the week, fell 3 weeks in a row, fell -6.9% (-$20.62) for the month. The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=LULU

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

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