From Financial Modeling Prep: 2025-02-26 08:06:57

Benchmark downgraded QQQ to Negative on Feb 26, 2025, despite its historical performance. QQQ’s market cap is around $201.79 billion, with a trading volume of 48.11 million shares. The ETF tracks the Nasdaq 100 index, with a current price of $513.32, showing strong growth from its inception at $40.

Benchmark’s recent downgrade of QQQ to Negative raised concerns despite its past success. The ETF’s price sits at $513.32, experiencing a slight decrease of -1.26%. With a market cap of $201.79 billion and 48.11 million shares traded, the decision may reflect market volatility or future performance uncertainties.

QQQ’s price fluctuated between $509.44 and $519.32 on the NASDAQ, with a high of $540.81 and a low of $413.07 over the past year. Despite its impressive market cap and trading volume, Benchmark’s Negative grade suggests potential issues. Investors may want to explore alternative Nasdaq 100 ETF options based on current market conditions.



Read more at Financial Modeling Prep:: Invesco QQQ ETF (NASDAQ:QQQ) Performance and Bench…