QQQ Stock – PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ), (AMC) – The Nasdaq Eked Out A Win Today. Here’s Why.

The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) finished slightly higher Wednesday, with the index seeing gains of 0.24% and closing at $331.62. 

Here are the day’s winners and losers from the QQQ, according to data from Fintech Zoom Pro.

The leaders for the Nasdaq were in large part from the major tech and e-commerce names Facebook, Inc. (NASDAQ: FB), NVIDIA Corporation (NASDAQ: (NVDA)) and Amazon.com, Inc. (NASDAQ: AMZN).

Meanwhile, Tesla Inc (NASDAQ: (TSLA)), JD.Com Inc (NASDAQ: JD) and Baidu Inc (NASDAQ: BIDU) were among the top losers in the QQQ.

Tesla shares were trading lower Wednesday on reports the company is delaying deliveries of new Model S and Model X electric vehicles.

In terms of the other major indices, the SPDR S&P 500 ETF Trust (NASDAQ: SPY) finished slightly higher by 0.12% at $406.59. The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: DIA) finished flat at $334.37.

Elsewhere On The Street

• One company that has been a solid investment in the last year has been professional software and cloud services giant Microsoft Corporation (NASDAQ: (MSFT)). Fortunately for Microsoft investors, the COVID-19 pandemic actually boosted demand for Microsoft’s cloud services, remote work professional software and video game hardware and services… Read More
• CNBC’s Jim Cramer has lauded gaming retailer GameStop Corp. (NASDAQ: GME) and movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) for their plans to sell more shares, saying that issuing shares is the “right move” in the long term… Read More
• Close on the heels of reporting record quarterly deliveries, NIO Limited (NYSE: NIO) confirmed a major production milestone. Nio said Wednesday its 100,000th mass-produced vehicle rolled out of the production line at the JAC-Nio Hefei advanced manufacturing center… Read More