Why Bitcoin-Linked MicroStrategy Along With Adial Pharmaceuticals, Alpine Immune Sciences, Marin Software, And Tesla Are On Investors' Radars Today

On Wednesday, key U.S. stock indexes closed lower, as the Dow Jones Industrial Average fell by 1.1% to 38,461.51, the S&P 500 dropped nearly 1% to 5,160.64, and the Nasdaq ended the day down by 0.8% at 16,170.36.

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

MicroStrategy Inc. MSTR

MicroStrategy’s stock rose by 8.67% to close at $1,566. The stock’s intraday high and low were $1566 and $1373.77 respectively, with a 52-week range of $266 to $1999.99. The company is facing a challenging situation as Bitcoin's BTC/USD surge boosts both its shares and convertible bonds, making refinancing these bonds 280% more expensive.

Adial Pharmaceuticals Inc. ADIL

Adial Pharmaceuticals’ stock skyrocketed by 106.19% to close at $2.33. The stock’s intraday high and low were $2.74 and $1.75 respectively, with a 52-week range of $0.77 to $14. The company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04.

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Alpine Immune Sciences Inc. ALPN

Alpine Immune Sciences’ stock increased by 20.80% to close at $47.04. The stock’s intraday high and low were $47.84 and $37.43 respectively, with a 52-week range of $6.71 to $47.84. The company is reportedly considering strategic options, including a potential sale, following interest from potential buyers.

Marin Software Inc. MRIN

Marin Software’s stock soared by 126.30% to close at $0.65. The stock’s intraday high and low were $0.91 and $0.47 respectively, with a 52-week range of $0.24 to $0.94. The company’s shares are trading higher after announcing upgrades to its Microsoft Corp advertising integration.

Tesla Inc. TSLA

Tesla’s stock fell by 2.89% to close at $171.76. The stock’s intraday high and low were $174.93 and $170.01 respectively, with a 52-week range of $152.37 to $299.29. The company’s shares are trading lower on Wednesday, amid reports of a potential meeting between Tesla’s CEO Elon Musk and Indian Prime Minister Narendra Modi.

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