Trump-Linked Digital World Acquisition, Nvidia, Micron Technology, StoneCo, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices ended in the green on Monday with the Dow Jones Industrial Average gaining 0.2% to 38,790.43 and the S&P 500 rising 0.6% to 5,149.42. The Nasdaq was up 0.8% at 16,103.45 at the end of the day.

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

Digital World Acquisition Corp DWAC

The stock of DWAC plummeted by as much as 8.74% to $35.58 today, hitting a 7-week low. This occurred as Trump’s attempts to secure a bond to cover a $454 million judgment in a New York civil fraud case were rejected by 30 surety companies, bringing him closer to the potential seizure of his properties.

Nvidia Corporation NVDA

Nvidia’s stock rose by 0.70% to $884.55 today. The company’s GPU Technology Conference (GTC) event, dubbed as the "AI Woodstock" by Bank of America analysts, has been a major catalyst for the surge in AI-related stocks.

See Also: Elon Musk Reacts After Ex-CNN Anchor Allegedly Demanded Tesla Cybertruck, $5M Cash, Stake In X And Much More To Host His Show On X: ‘When Life Gives You Lemons’

Micron Technology, Inc. MU

Micron Technology’s shares traded higher today after multiple analysts lifted price targets on the stock ahead of earnings. The stock rose by 0.57% to $93.78.

StoneCo Ltd. STNE

StoneCo’s shares fell after the company reported its fourth-quarter financial results. Despite a growth of 20.1% year-over-year, the company’s quarterly sales of R$3.25 billion ($171.6 million) missed the R$3.42 billion estimate. The stock fell by 0.98% to $17.47.

Tesla Inc. TSLA

Tesla’s shares traded higher today after the company announced it would increase Model Y prices in several countries. The stock rose by 6.31% to $173.88.

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Prepare for the day’s trading with top premarket movers and news by Benzinga.

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