Rivian, Robinhood, AMC, Occidental Petroleum, Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks showed a positive trend towards the end of trading, with the Nasdaq Composite climbing approximately 1% on Tuesday. The Dow Jones Industrial Average saw a modest increase, while the S&P 500 also experienced gains, reflecting a buoyant mood in the market.

The Nasdaq ended Tuesday 0.9% higher at 13,639.86, the S&P was up 0.28% at 4,378.38 and the Dow Jones rose 0.17% at 34,152.60.

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

Rivian Automotive, Inc. RIVN

Rivian’s stock performance was notable, closing at a 1.40% increase with a final price of $17.42. The day’s trading saw the stock reaching a high of $17.53 and a low of $16.76, with a 52-week range between $35.74 and $11.68. The electric automaker impressed with a strong Q3 earnings report, surpassing revenue estimates and raising its production guidance for the year.

Robinhood Markets, Inc. HOOD

Robinhood ended the day with a 1.77% increase, closing at $9.76 after fluctuating between $9.85 and $9.59. The stock’s 52-week high stands at $13.23, with a low of $7.57. Despite a mixed earnings report, the company beat EPS estimates and reported a rise in average revenue per user.

AMC Entertainment Holdings, Inc. AMC

AMC’s shares fell by 6.67%, closing at $10.22. The stock hit an intraday high of $11.03 and a low of $10.11, with a 52-week high of $91.5 and a low of $7.05. The cinema chain is bracing for its Q3 earnings report, which is expected to provide insight into its performance and future direction.

Occidental Petroleum Corporation OXY

Occidental Petroleum saw a decrease of 2.51% to close at $60.20. The trading day saw the stock reach a high of $61.01 and a low of $60.02, while its 52-week range is $75.78 to $55.51. The company’s earnings release reflected its status as a major energy player, with a focus on advancing lower-carbon technologies.

Tesla, Inc. TSLA

Tesla’s stock edged up by 1.33%, closing at $222.18. It saw an intraday peak of $223.12 and a dip to $215.72, with a 52-week high and low of $299.29 and $101.81, respectively. Despite strong weekly insurance registration data from China, the stock’s movement was tempered, reflecting broader market trends and future pricing strategies.

Photo by WHYFRAME on Shutterstock

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