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Nasdaq Market Update 2024-02-14

360MiQ 0

Nasdaq 100 rebounded 1.2% (+208 pts), closed at 17808 points.

Among the 150 largest-cap stocks, 123 (82%) closed higher. 78% of all Nasdaq stocks ended higher, the most in more than 13 months, good for the market.

In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.1% to 1.7%. 4 sectors outperformed the market. The market was up 1.2%; Financial was up 1.7%, the best performer; Consumer Defensive was down -0.1%, but already the worst performer.

● Airbnb Inc (ABNB) fell -1.7% (-$2.61), closed at $148.21. The largest increase in volume.
360miq.com/stockinfo?code=ABNB

● Coinbase Global (COIN) largely rebounded 14.2% (+$19.98), closed at $160.37, the best % gain in more than 5 months, also hit a YTD high, crossed above MA50 ($143.76). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=COIN

● Kraft Heinz Co (KHC) tumbled -5.5% (-$1.97), closed at $34.16, the worst % loss in nearly 13 months, also hit a YTD low, crossed below MA200 ($35.03). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=KHC

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

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