Investing.com - Here are this week's top Nasdaq 100 movers, a week in which the Nasdaq 100 closed up .6% despite a rough finish to the week as Fed officials talked steeper rate hikes.
Top Nasdaq 100 gainers
- Airbnb Inc (NASDAQ:ABNB) up 20.9%: The stock surged after the company's fourth-quarter earnings report showed better-than-expected revenues and bookings amidst continued strong demand.
- Seagen Inc (NASDAQ:SGEN) - up 20%: Seagen's stock rose after the biotech firm reported a narrower-than-expected loss and solid revenue numbers, and received two analyst upgrades.
- Lucid Group Inc (NASDAQ:LCID) - up 9%, as volatility continues to run through the electric vehicle sector.
- Warner Bros Discovery (NASDAQ:WBD) - up 8.5%, continuing the strong start to the year for one of 2022's worst performers.
- Analog Devices (NASDAQ:ADI) - up 8%: The semiconductor company's stock jumped after it reported better-than-expected guidance for its fiscal year second quarter.
Top Nasdaq 100 losers
- Diamondback (NASDAQ:FANG) energy - down 9.8% amidst a tough week for the oil sector.
- Paypal Holdings (NASDAQ:PYPL) - down 7.6%, as a couple hedge funds - Lone Pine Capital and Tiger Global - liquidated their stakes in the payments company, per 13F filings.
- Baker Hughes Co (NASDAQ:BKR)- down 7.1%: The energy company's shares dived on Friday along with the oil sector, despite an upgrade this week from Piper Sandler.
- Adobe (NASDAQ:ADBE) - down 3.8%: Shares of the software company fell as news came out that their Figma acquisition would be reviewed by EU regulatory bodies.
- Advanced Micro Devices Inc (NASDAQ:AMD) - down 3.7%: The semiconductor company's shares fell amidst concern the PC market correction would be prolonged.