Nasdaq Is Down but Investors Are Watching These 2 Winning Nasdaq Stocks
The Nasdaq, which consists of more than 3,000 companies (over 50% are technology-related), is the United States' second-largest stock exchange by market capitalization, just behind the New York Stock Exchange. The Nasdaq is often used interchangeably with the Nasdaq Composite index (NASDAQINDEX: ^IXIC), which is the market-cap-weighted index of stocks listed on the Nasdaq exchange. No preferred stocks or exchange-traded funds (ETFs) are allowed on the Nasdaq, just particular common stocks.
In mid-November 2021, the Nasdaq index was sitting at just over 16,212, but it has since declined to just over 13,511 as of April 14. In 2022 alone, the index has declined by more than 13.6%. Although the index has taken a hit since its 2021 highs, there are two stocks trading on the exchange that investors should keep their eye on.
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Source Fool.com
