Nvidia, United Airlines, Moderna, Lucid, Bank Of America: Why These Five Stocks Are On Investors' Horizons Today

U.S. stocks exhibited a mixed performance as the trading day drew to a close, with the Nasdaq Composite taking a dip of around 30 points. The Dow Jones Industrial Average marginally rose by 0.04% to settle at 33,997.65, while the NASDAQ saw a 0.25% reduction, ending the day at 13,533.75. The S&P 500 fell 0.01% drop to close at 4,373.20.

These are the top stocks that gained the attention of retail traders and investors through the day:

NVIDIA Corporation NVDA experienced a tumultuous start, witnessing a 6% plunge within the first half-hour of the New York trading session. The stock closed at a 3.24% loss, priced at $446.03, after reaching an intraday high of $447.54 and a low of $424.8. NVDA is still faring well in the broader context, with a 52-week high of $502.66 and a low of $116.18. The Biden administration's plans to halt the export of advanced AI chips to China, including those developed by NVIDIA, contributed to the stock's decline.

United Airlines Holdings Inc UAL shares closed with a 1.49% gain at $40.12, despite reaching an intraday high of $40.44 and a low of $39.38. The airline's 52-week performance ranges from a high of $58.23 to a low of $36.37. United's Q3 results, which beat estimates, were overshadowed by an uncertain Q4 outlook due to the suspension of Tel Aviv flights, driving the stock's movement.

Moderna Inc MRNA shares continued their downward trajectory, closing at a 6.10% loss at $86.33. The biotechnology company's stock hit an intraday high of $91.69 and a low of $86.24, with a 52-week range of $217.25 to $86.24. Moderna's decline was influenced by Pfizer's warning about reduced COVID-19 product demand, impacting several vaccine makers.

Lucid Group Inc LCID saw its shares slip by 5.30%, closing at $5 after hitting an intraday high of $5.23 and a low of $4.9. The electric vehicle maker's 52-week performance has seen a high of $17.81 and a low of $4.87. Lucid's Q3 production and delivery totals announcement contributed to the stock's decline.

Bank of America Corporation BAC enjoyed a 2.33% rise, with shares closing at $27.62 after reaching an intraday high of $27.87 and a low of $26.72. The bank's 52-week performance has been marked by a high of $38.6 and a low of $25.47. A 10% year-over-year net income growth in Q3 FY23 contributed to the positive performance.

Photo by Phongphan on Shutterstock

Prepare for the day's trading with top premarket movers and news by Benzinga.