Benzinga - Wednesday’s trading session saw a mixed performance in the U.S. stock market. The Dow Jones Industrial Average gained over 30 points, marking a 0.1% increase to 39,043.32. The S&P 500 fell, dropping 0.02% to 5,165.31. The NASDAQ declined by 0.54% to 16,177.77.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Tesla Inc. (NASDAQ:TSLA)
Tesla’s stock slid by 4.54% to close at $169.48. The stock’s intraday high and low were $176.05 and $169.15 respectively, with a 52-week range of $299.29 to $152.37. According to a recent report, Wells Fargo downgraded the stock from Equal Weight to Underweight, citing concerns about disappointing deliveries and more price cuts.
MicroStrategy Inc. (NASDAQ:MSTR)
MicroStrategy’s shares rose by 10.85% to close at $1766.15. The stock’s intraday high and low were $1,774 and $1,620 respectively, with a 52-week range of $1,774 to $216.53. The company announced a proposed private offering of $500 million worth of convertible senior notes due 2031 to acquire additional Bitcoin (CRYPTO: BTC).
See Also: Why Can’t Dogecoin And Shiba Inu Keep Up With Other Meme Coins?
Rumble Inc. (NASDAQ:RUM)
Rumble’s stock increased by 7.34% to close at $8.48. The stock’s intraday high and low were $9.20 and $7.65 respectively, with a 52-week range of $11.25 to $3.33. The company had revealed its interest in becoming a “cloud technology partner” for TikTok, igniting a flurry of discussion among retail investors on social media.
UiPath Inc. (NYSE:PATH)
UiPath’s stock fell by 0.85% to close at $24.43. The stock’s intraday high and low were $25.33 and $24.36 respectively, with a 52-week range of $27.87 to $12.38. The company reported its fourth-quarter earnings results, beating estimated earnings by 38.0%.
Robinhood Markets Inc. (NASDAQ:HOOD)
Robinhood’s stock surged by 4.70% to close at $17.16. The stock’s intraday high and low were $17.36 and $16.23 respectively, with a 52-week range of $17.62 to $7.91. The company announced monthly metrics for February, showing growth in total funded customers and net deposits.
Photo by Pixels Hunter on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Read Next: This Could Be A Gamechanger For Natural Gas In Europe
Engineered by Benzinga Neuro, Edited by
Shivdeep Dhaliwal
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you.
Learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.