Major U.S. stock indices closed in negative territory on Wednesday, with the Dow Jones Industrial Average falling 0.5% to 39,671.04, the S&P 500 dropping nearly 0.3% to 5,307.01, and the Nasdaq decreasing by almost 0.2% to 16,801.54.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corporation NVDA
Despite a slight dip of 0.46%, Nvidia closed at $949.5, with an intraday high and low of $960.20 and $932.49 respectively. The stock’s 52-week range is $298.06 to $974. Nvidia recently reported a beat-and-raise first quarter and announced a 150% dividend hike along with a 10-for-1 stock split. Read more here.
Advanced Micro Devices, Inc. AMD
AMD saw a 0.52% rise, closing at $165.52. The stock’s intraday high and low were $169.81 and $163.86, with a 52-week range of $93.12 to $227.3. The company’s stock rose after the bell on Wednesday, sparking interest among investors. AMD shares rose in after-hours trading on Wednesday, influenced by Nvidia’s better-than-expected first-quarter earnings and positive future revenue guidance.
See Also: Palantir Technologies Unusual Options Activity
Taiwan Semiconductor Manufacturing Company Limited TSM
TSMC rose by 1.61%, closing at $156.15. The intraday high and low were $157.23 and $154.54, with a 52-week range of $84.02 to $158.4. Amid threats from China, Taiwan’s new Tech Minister expressed confidence in TSMC’s ability to protect its proprietary technology.
Snowflake Inc. SNOW
Snowflake’s stock increased by 0.39%, closing at $163.34. The intraday high and low were $164.84 and $162.13, with a 52-week range of $138.4 to $237.72. The company reported a revenue beat, EPS miss, and strong customer interest for AI products in its first-quarter earnings.
Tesla Inc. TSLA
Tesla’s stock fell by 3.48%, closing at $180.11. The intraday high and low were $183.8 and $178.12, with a 52-week range of $138.8 to $299.29. According to a Morgan Stanley analyst, Tesla’s AI investments and an upcoming shareholder vote could determine its future growth.
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Prepare for the day’s trading with top premarket movers and news by Benzinga.
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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