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Nasdaq Market Update 2023-04-27

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Nasdaq 100 soared 2.8% (+354 pts), closed at 13160 points, the best % gain in nearly 3 months, crossed above MA20 (13020 pts).

Among the 150 largest-cap stocks, 123 (82%) closed higher. 66% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were up with gains from 0.2% to 5%. 3 sectors outperformed the market. The market was up 2.5%; Communication was up 5%, the best performer, reflecting a more aggressive market sentiment; Healthcare was up 0.2%, but already the worst performer.

● Meta Platforms (META) jumped 13.9% (+$29.05), closed at $238.45, the best % gain in nearly 3 months, also hit a YTD high, crossed above MA20 ($215.31). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=META

● Align Technology (ALGN) plummeted -10.4% (-$36.76), closed at $317.79, the worst % loss in nearly 6 months, crossed below MA20 and MA50 ($338.62, $325.47). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=ALGN

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

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