March 21, 2024

Ron Finklestien

Navigating Nasdaq 100: PDD, MU Dynamics Navigating Nasdaq 100: PDD, MU Dynamics

Microchip Magic: Micron’s Meteoric Rise

In today’s early trading, Micron Technology astounded market watchers by leading the pack as the best performing component of the Nasdaq 100 index, soaring an impressive 14.8%. Over the course of the year, Micron Technology shines with a remarkable 29.4% gain.

PDD Plunges: Yearning for a Turnaround

On the flip side, the unfortunate star of the day among Nasdaq 100 components is PDD Holdings, experiencing a sharp decline of 3.7%. Observing its year-to-date performance, PDD Holdings has endured a 13.0% drop, leaving investors pondering its future trajectory.

Apple’s Adieu and Illumina’s Illumination

Additionally, traders are closely monitoring Apple’s movement, with the tech giant trading down by 1.1%. In contrast, Illumina is basking in the glory of a 7.2% surge, capturing the attention of market participants.

Nasdaq 100 Movers: PDD, MU

VIDEO: Nasdaq 100 Movers: PDD, MU

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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