Prohost Letter #438
End of the Year Issue 
2019
Happy New Year 2020

The NASDAQ reached 9000 for the first time in the market history on December 30, 2019. However, on the last trading day of 2019, the Nasdaq Composite Index closed at 8,945.99 after giving back 60.62 points or 0.7%. During the departed year, however, the stock exchange was boosted by the outperformance of the tech and biotech industries. Many of the Prohost picked biotech firms happen to contribute the lion’s share of the revolutionary accomplishments of the biological revolution. Other . . .