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Nasdaq Market Update 2023-05-16

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Nasdaq 100 slightly rose 0.09% (+12 pts), closed at 13426 points, hit a YTD high.

Among the 150 largest-cap stocks, 29 (19%) closed higher. Only 28% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 8 sectors closed down, 2 sectors remained unchanged, the market internal was more negative, ranging from -2.1% to 1.2%. only 2 sectors outperformed the market. The market remained unchanged; Communication was up 1.2%, the best performer; Energy was down -2.1%, the worst performer.

● Baidu (BIDU) largely rose 4% (+$5.12), closed at $132.73, a 22-day high.
360miq.com/stockinfo?code=BIDU

● Advanced Micro Devices (AMD) largely rose 4.2% (+$4.05), closed at $101.45, hit a YTD high. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=AMD

● GE HealthCare Technologies (GEHC) largely rose 3.8% (+$2.86), closed at $77.79, the best % gain in more than 2 months.
360miq.com/stockinfo?code=GEHC

● Horizon Pharma (HZNP) largely retreated -14.2% (-$15.905), closed at $96.345, the worst % loss in more than 9 months, also hit a YTD low, crossed below MA20 and MA50 ($110.4, $109.81). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=HZNP

● Vodafone Group PLC ADR (VOD) tanked -8.7% (-$0.975), closed at $10.245, the worst % loss in nearly 2 years, also hit a YTD low.
360miq.com/stockinfo?code=VOD

● Alnylam Pharmaceuticals (ALNY) sank -7.3% (-$15.14), closed at $191.06, the worst % loss in nearly 3 months, also a 33-day low, crossed below MA20 and MA50 ($203.47, $198.39).
360miq.com/stockinfo?code=ALNY

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

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