On Monday, major U.S. indices saw declines, with the Dow Jones Industrial Average slipping 0.9% to 41,954.24, while the S&P 500 dipped nearly 1% to 5,695.94. The Nasdaq dropped 1.2% to 17,923.90.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Alibaba Group Holding Limited BABA
Alibaba’s stock rose by 2.61% to close at $117.52. The stock reached an intraday high of $117.82 and a low of $113.37. Its 52-week high and low are $117.82 and $66.63 respectively. Alibaba’s stock continued to rise as China announced its stimulus plans last week, which included a cut in banks' reserve requirement ratio and a decrease in the seven-day reverse repurchase rate.
Nvidia Corp NVDA
Nvidia’s stock increased by 2.24% to close at $127.72. The stock hit an intraday high of $130.64 and a low of $124.95. Its 52-week high and low are $140.76 and $39.23 respectively. Nvidia’s GPU revenue could be at risk as China prioritizes domestic AI chips.
Riot Platforms Inc RIOT
Riot Platforms’ stock surged by 3.95% to close at $8.16. The stock reached an intraday high of $8.52 and a low of $7.9. Its 52-week high and low are $18.75 and $6.36 respectively. The company’s CEO expressed interest in AI opportunities while maintaining a focus on Bitcoin BTC/USD mining.
Celsius Holdings Inc. CELH
Celsius Holdings’ stock fell by 4.73% to close at $28.82. The stock hit an intraday high of $30.42 and a low of $28.79. Its 52-week high and low are $99.62 and $28.79 respectively. Celsius shares dropped to new 52-week lows on Monday as the company faces slowing growth trends and weaker consumer spending. Analysts have downgraded the stock, with PepsiCo scaling back orders, contributing to further declines. Despite the stock's downturn, Celsius announced the launch of two new flavors under its Essentials line, expected in early 2024.
Tesla, Inc. TSLA
Tesla’s stock dropped by 3.70% to close at $240.83. The stock reached an intraday high of $249.83 and a low of $240.7. Its 52-week high and low are $271 and $138.8 respectively. Investors are eagerly awaiting Tesla’s “We, Robot” event scheduled for Thursday.
Photo by WHYFRAME on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Read Next:
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
