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Nasdaq Market Update 2025-02-07

360MiQ 0

Nasdaq 100 fell -1.3% (-283 pts) after a 3-day winning streak, closed at 21491 points, rose +0.06% (+13 pts) for the week.

Among the 150 largest-cap stocks, 47 (31%) closed higher. Only 28% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.2% to -2.2%. 8 sectors outperformed the market. The market was down -1.4%; Financial was down -0.2%, but already the best performer; Consumer Cyclical was down -2.2%, the worst performer.

● Affirm (AFRM) largely rebounded +21.5% (+$13.25), closed at $75, the best % gain in nearly 3 months, also hit a YTD high, rose +22.8% (+$13.93) for the week, rose 2 weeks in a row, crossed above MA50 ($63.69). The best performer today with the largest increase in volume.
360miq.com/stockinfo?code=AFRM

● Expedia Group (EXPE) jumped +17.3% (+$29.83), closed at $202.4, rose 3 days in a row, the best % gain in 15 months, also hit a YTD high, rose +18.4% (+$31.45) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($177.41, $182.3).
360miq.com/stockinfo?code=EXPE

● Take-Two Interactive Software (TTWO) spiked +13.9% (+$25.53), closed at $208.61, the best % gain in more than 116 months, also hit a YTD high, rose +12.5% (+$23.1) for the week, rose 2 weeks in a row, crossed above MA20 and MA50 ($185.95, $186.13).
360miq.com/stockinfo?code=TTWO

● Monolithic Power Systems (MPWR) soared +9% (+$59.35), closed at $720.25, the best % gain in 6 months, also hit a YTD high, rose +13% (+$82.88) for the week.
360miq.com/stockinfo?code=MPWR

● Marvell Technology Group (MRVL) largely retreated -7.7% (-$9.24), closed at $110, fell -2.5% (-$2.86) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($115.26, $111.88). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=MRVL

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

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