Tesla Leads Nasdaq 100 Gains While Marvell Technology Struggles
During early trading on Tuesday, Tesla shares rose by 2.6%, making it the top performer in the Nasdaq 100 index. However, year-to-date, Tesla has seen a decline of approximately 13.0% in its stock value.
Nasdaq 100 Underperformers
In contrast, Marvell Technology took a hit, trading down 3.9% on the day. Year-to-date, Marvell Technology Inc has experienced a significant drop of about 45.5%.
Other Notable Movements
Additionally, two other components are making headlines today: Airbnb, which is down 3.0%, and PDD Holdings, showing a modest increase of 1.2%.
VIDEO: Nasdaq 100 Movers: MRVL, TSLA
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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