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Nasdaq Market Update 2023-02-22

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Nasdaq 100 slightly rebounded 0.05% (+6.27 pts) after a 3-day losing streak, closed at 12066 points.

Among the 150 largest-cap stocks, 59 (39%) closed higher. 52% of all Nasdaq stocks ended higher.

In terms of sectors, 5 sectors closed up, 7 sectors closed down, the market internal was more negative, ranging from -1.3% to 1%. 3 sectors outperformed the market. The market was up 0.1%; Consumer Cyclical was up 1%, the best performer; Real Estate was down -1.3%, the worst performer.

● Palo Alto Networks (PANW) largely rebounded 12.5% (+$20.91) after a 3-day losing streak, closed at $187.8, the best % gain in nearly 1 year, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=PANW

● CoStar Group (CSGP) plunged -5.1% (-$3.86), closed at $72.16, fell 4 days in a row, the worst % loss in more than 9 months, also hit a YTD low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CSGP

● SBA Communications Corp (SBAC) tumbled -5% (-$13.73), closed at $259.06, fell 4 days in a row, the worst % loss in more than 4 months, also hit a YTD low.
360miq.com/stockinfo?code=SBAC

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

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