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Nasdaq Market Update 2025-02-27

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Nasdaq 100 sank -2.8% (-582 pts), closed at 20551 points, the worst % loss in 1 month, also hit a YTD low.

Among the 150 largest-cap stocks, 40 (27%) closed higher. Only 27% of all Nasdaq stocks ended higher.

In terms of sectors, all sectors were down with losses from -0.1% to -3.9%. 9 sectors outperformed the market. Dragging by Technology and Utilities, The market was down -2.7%; Real Estate was down -0.1%, but already the best performer; Technology was down -3.9%, the worst performer.

● Super Micro Computer (SMCI) largely retreated -16% (-$8.16), closed at $42.95, the worst % loss in more than 3 months. The worst performer but with average volume.
360miq.com/stockinfo?code=SMCI

● Nutanix (NTNX) spiked +10.4% (+$7.19), closed at $76.54, the best % gain in nearly 6 months, also hit a record high, crossed above MA20 ($70.59). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=NTNX

● eBay (EBAY) plummeted -8.1% (-$5.59), closed at $63.48, the worst % loss in nearly 4 months, also a 33-day low, crossed below MA20 and MA50 ($68.36, $66).
360miq.com/stockinfo?code=EBAY

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

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