Nasdaq 100 sank -2.6% (-517 pts), closed at 19281.4 points, fell 3 days in a row, fell -2.4% (-473 pts) for the week.
Among the 150 largest-cap stocks, 20 (13%) closed higher. Only 20% of all Nasdaq stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -4.3% to +0.1%. 9 sectors outperformed the market. Dragging by Communication and Consumer Cyclical, The market was down -2.8%; Utilities was up +0.1%, but already the best performer, reflecting a more risk-averse market; Communication was down -4.3%, the worst performer.
● Applovin Corp (APP) largely rebounded +4.1% (+$10.68), closed at $272.38, fell -13.3% (-$41.65) for the week after a 2-week winning streak. The best performer today with a slight increase in volume.
360miq.com/stockinfo?code=APP
● Lululemon Athletica (LULU) largely retreated -14.2% (-$48.47) after a 4-day winning streak, closed at $293.06, the worst % loss in 1 year, also hit a YTD low, fell -9.2% (-$29.56) for the week, crossed below MA20 and MA200 ($329.84, $318.15). The worst performer today with a huge increase in volume.
360miq.com/stockinfo?code=LULU
360miq.com/market?data=NASDAQ#tab-3
