Nike, Carnival, Activision Blizzard, Madrigal Pharmaceuticals, Tesla: Why These 5 Stocks Are On Investors' Radars Today?

U.S. stocks traded higher with the Dow Jones gaining over 110 points on Thursday. The Dow traded up 0.35% to 33,666.34 while the NASDAQ rose 0.83% to 13,201.28. The S&P 500 also rose, gaining 0.59% to 4,299.70.

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

Nike Inc NKE closed the day with a 0.24% increase at $89.63, with an intraday high of $89.78 and a low of $88.66. The 52-week range stood between $131.31 and $82.22. Nike reported a 2% increase in fiscal first-quarter revenue to $12.939 billion, missing estimates, but EPS of 94 cents beat expectations. Despite a 2% decline in North American sales, John Donahoe, the CEO, expressed confidence in the brand’s innovation and storytelling.

Carnival Corporation CCL surged 3.29% to close at $14.44, hitting an intraday high of $14.64 and a low of $13.64. The stock's 52-week high and low are $19.55 and $6.11 respectively. Carnival is set to report third-quarter earnings, with expectations of 75 cents per share and revenue of $6.69 billion. Despite a recent decline, the stock is up 80.40% year-to-date.

Activision Blizzard, Inc. ATVI experienced a slight decline of 0.40%, closing at $93.54. The gaming giant's stock fluctuated between an intraday high of $93.98 and a low of $93.38, with a 52-week range of $94.21 to $70.94. Activision faced regulatory hurdles in the U.K. but remained a significant player in the overbought communication services sector.

Madrigal Pharmaceuticals, Inc. MDGL saw a minor increase of 0.14%, closing at $151.69. The stock reached an intraday high of $152.48 and a low of $146.31. Its 52-week high is $322.67, with a low of $57.21. Madrigal announced a $500 million public offering of its common stock to fund clinical and commercial activities, preparing for the potential launch of resmetirom in the U.S.

Tesla Inc TSLA closed the day up by 0.60% at $241.94, with an intraday high of $247.55 and a low of $238.65. The electric vehicle maker's 52-week range is $299.29 to $101.81. Amid ongoing UAW strikes at Tesla’s Big 3 rivals, the company's shares traded higher, bolstered by Morgan Stanley maintaining an Overweight rating and a $400 target on the stock.

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