U.S. stocks showcased a mixed performance as trading ended, with the Nasdaq Composite marking an impressive gain of around 1.56% on Monday. The Dow, however, dipped slightly by 0.11% to 34,463.69. In contrast, the S&P 500 experienced a rise, gaining 0.69% to settle at 4,399.77.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
NVIDIA Corporation NVDA
NVIDIA shares soared by 8.47%, closing at $469.67, with an intraday high of $470.65 and a low of $442.22. The stock’s 52-week range stands between $108.13 and $480.88. Analysts have recently adjusted their price targets in anticipation of the company’s upcoming earnings report. With sentiments leaning positive, NVIDIA’s unmatched position in capitalizing on generative AI trends has garnered attention.
Zoom Video Communications, Inc. ZM
Zoom’s stock rose by 1.48%, ending the day at $67.27. The stock peaked at $67.94 and bottomed out at $66.5, with its 52-week range between $60.45 and $100.14. Amid rising concerns related to the EG.5 COVID-19 variant, Zoom, a significant beneficiary during the pandemic’s onset, is set to release its second-quarter earnings soon.
Moderna Inc MRNA
Moderna’s shares surged by 9.31%, closing at $111.08. The stock touched an intraday high of $112.32 and a low of $101.82. Its 52-week range is between $95.02 and $217.25. Moderna recently collaborated with Chinese biotech CARsgen Therapeutics to explore a combination of therapies targeting multiple cancer types.
Baidu BIDU
Baidu’s stock witnessed a slight dip of 0.19%, settling at $124.92. The stock’s intraday high was $125.3, with a low of $123.17. Its 52-week range spans from $73.58 to $160.88. As Baidu gears up to release its quarterly earnings report, analysts anticipate an earnings per share of $2.57.
Tesla Inc TSLA
Tesla shares climbed by 7.33%, closing at $231.28. The stock reached an intraday high of $232.13 and a low of $220.58. Its 52-week range is between $101.81 and $313.8. Both Tesla and NVIDIA experienced significant gains, adding a combined value of over $120 billion, equivalent to the entire market value of companies like Starbucks and Goldman Sachs.
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