Nasdaq 100 plummeted -6.1% (-1124 pts), closed at 17397.7 points, the worst % loss in more than 5 years, also hit a YTD low, fell -9.8% (-1883 pts) for the week, fell 2 weeks in a row.
Among the 150 largest-cap stocks, 3 (2%) closed higher. Only 16% of all Nasdaq stocks ended higher, the least in more than 3 months.
In terms of sectors, all sectors were down with losses from -3.6% to -11.4%. 5 sectors outperformed the market. The market was down -5.6%; Real Estate was down -3.6%, but already the best performer; Energy plunged -11.4%, the worst performer.
● Baidu (BIDU) plunged -8.2% (-$7.37), closed at $82.43, the worst % loss in more than 29 months, also a 53-day low, fell -11.7% (-$10.94) for the week, fell 2 weeks in a row, crossed below MA200 ($89.73). The largest increase in volume today.
360miq.com/stockinfo?code=BIDU
● MicroStrategy Incorporated (MSTR) largely rebounded +4% (+$11.33), closed at $293.61, rose +1.5% (+$4.2) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=MSTR
● Applovin Corp (APP) tumbled -16.3% (-$42.61), closed at $219.37, hit a YTD low, fell -19.5% (-$53.01) for the week, fell 2 weeks in a row, crossed below MA200 ($222.01). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=APP
● GE HealthCare Technologies (GEHC) sank -16% (-$11.49), closed at $60.51, fell 4 days in a row, hit a YTD low, fell -24.4% (-$19.5) for the week, fell 7 weeks in a row.
360miq.com/stockinfo?code=GEHC
● Baker Hughes Co (BKR) tanked -13.3% (-$5.45), closed at $35.41, the worst % loss in more than 5 years, also hit a YTD low, fell -17.8% (-$7.67) for the week, fell 2 weeks in a row, crossed below MA200 ($39.44).
360miq.com/stockinfo?code=BKR
● Arm Holdings plc ADS (ARM) plummeted -10.2% (-$10.01), closed at $87.71, the worst % loss in 8 months, also hit a YTD low, fell -18.6% (-$20.09) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=ARM
360miq.com/market?data=NASDAQ#tab-3
