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Nasdaq Market Update 2024-12-19

360MiQ 0

Nasdaq 100 fell -0.5% (-98.5 pts), closed at 21111 points, fell 3 days in a row.

Among the 150 largest-cap stocks, 62 (41%) closed higher. 42% of all Nasdaq stocks ended higher.

In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -1% to +0.3%. only 2 sectors outperformed the market, the market internal was more negative. The market was down -0.1%; Consumer Cyclical was up +0.3%, but already the best performer; Industrials, Consumer Defensive were down -1%, the worst performers.

● United Airlines (UAL) largely rebounded +4.5% (+$4.09), closed at $95.56, the best % gain in more than 1 month. The best performer with a slight increase in volume.
360miq.com/stockinfo?code=UAL

● Micron Technology (MU) plunged -16.2% (-$16.81), closed at $87.09, the worst % loss in 57 months, also a 66-day low, crossed below MA20 ($101.15). The worst performer with a huge increase in volume.
360miq.com/stockinfo?code=MU

● Vertex Pharmaceuticals (VRTX) plunged -11.4% (-$50.86), closed at $396.64, the worst % loss in 50 months, also a 161-day low. The largest increase in volume.
360miq.com/stockinfo?code=VRTX

● Cintas (CTAS) plummeted -10.6% (-$21.6), closed at $182.79, fell 3 days in a row, the worst % loss in nearly 57 months, also a 108-day low, crossed below MA200 ($188.51).
360miq.com/stockinfo?code=CTAS

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

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