On Tuesday, U.S. stocks had ended in the green, with the Dow Jones Industrial Average rising 0.6% for the day to 39,005.49 and the S&P 500 gaining 1.12% to 5,175.27. Nasdaq had closed 1.54% higher at 16,265.64.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Rumble, Inc. RUM
Rumble’s stock surged by 18.26%, closing at $7.90 after hitting an intraday high of $8.15 and a low of $6.76. The company revealed its interest in becoming a “cloud technology partner” for TikTok, which sparked a flurry of discussion among retail investors on social media. The full story can be found on Benzinga.
The Boeing Company BA
Boeing’s shares tumbled by 4.29%, closing at $184.24. The company failed 33 out of 89 audits carried out by the Federal Aviation Administration following an incident with a 737 Max jet. The full report is available on Benzinga.
Intel Corporation INTC
Intel’s stock saw a modest increase of 0.85%, closing at $45.24. The company has successfully navigated attempts to block its substantial chip sales to Huawei, a major Chinese telecom company facing heavy sanctions.
NVIDIA Corporation NVDA
NVIDIA’s stock experienced a significant increase of 7.16%, closing at $919.13. Despite a recent drop, the company’s shares have soared by a staggering 75% since the start of the year.
Tesla, Inc. TSLA
Tesla’s stock saw a slight decrease of 0.13%, closing at $177.54. Despite the current slump in price, analysts remain optimistic about the electric vehicle giant's growth potential.
Photo by Phongphan on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.