Thursday NASDAQ Stock Watchlist: XELA, SQQQ, SNDL, UONE

Four NASDAQ stocks on our watchlist are-

Exela Technologies Inc drops on Thursday’s trade

Exela Technologies Inc (NASDAQ: XELA) was down 14.89% on Thursday and exited at $2.80 after trading in the range of $2.63 – $3.87 throughout the day. There was a heavy volume of 2.4 million shares exchanged in the market yesterday compared with the average trading volume of 53.65 million shares. The yearly range of the stock is $0.99 – $7.82. The Texas-based global business process automation company recently announced that it added RPA or robotic process automation platform for the company engaged in health insurance. 

ProShares UltraPro Short QQQ ETF (NASDAQ: SQQQ) moves up

ProShares UltraPro ETF gained 16 cents on Thursday and climbed 1.85% to exit at $8.81. The day range of this stock was $8.74 – $9.12, closer to its 52-week low of $8.52. The 52-week high of SQQQ is $29.42. 585K shares were exchanged in the closing hours on Thursday compared with its average trading volume of 63.16 million shares. 

What’s happening with this cannabis stock?

Sundial Growers Inc (NASDAQ: SNDL) sank 6.78% on Thursday and closed at $0.89 after moving in the range of $0.88 – $0.95. The yearly trading zone of this stock is $0.14 – $3.96. This marijuana stock comes with a market capitalization of $1.77 billion. The headquarters of the company are in Alberta, Canada. This is not among the best cannabis stocks to consider at the moment. 

Urban One Inc rebounds after month’s slide

Urban One Inc Class A (NASDAQ: UONE) jumped 19.21% on Thursday’s trade collecting $1.45 and exited at $9.00. In the after-hours, the stock further gained 1.00% and collected 0.090 cents to trade at $9.09. The stock is rallying, rebounding from its 44.55% downfall over a month. 

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