On Tuesday, U.S. markets slipped, with the Dow Jones Industrial Average falling about 0.3% to 45,757.90, the S&P 500 retreating 0.1% to 6,606.76, and the Nasdaq edging down 0.07% to 22,333.96.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Nio Inc. (NYSE:NIO)
Nio’s stock surged by 8.17%, closing at $7.02. The stock hit an intraday high of $7.09 and a low of $6.48, with a 52-week range of $7.71 to $3.02. The rise follows UBS’s upgrade of Nio from Neutral to Buy, with a price target increase from $6.20 to $8.50. Additionally, Nio’s shipment of a new model to dealers contributed to the positive momentum.
Rivian Automotive, Inc. (NASDAQ:RIVN)
Rivian’s shares climbed 5.29%, ending the day at $14.32. The stock reached a high of $14.65 and a low of $13.73, within a 52-week range of $17.15 to $9.50. The increase comes after Rivian announced its expansion in the U.S. with a new facility in Georgia. The groundbreaking ceremony marked a significant step in their electric vehicle production.
Moderna Inc. (NASDAQ:MRNA)
Moderna’s stock rose by 4.02%, closing at $24.84. The day’s high was $25.63, with a low of $23.91, and the 52-week range was $75.37 to $23.15. This uptick followed the release of preliminary data showing an eight-fold increase in antibodies with their updated Spikevax formula targeting the LP.8.1 variant of SARS-CoV-2.
Meta Platforms Inc. (NASDAQ:META)
Meta’s shares increased by 1.87%, closing at $779. The stock’s intraday high was $781.36, with a low of $765.10, and a 52-week range of $796.25 to $479.80. The rise came after a leak revealed Meta’s next-generation smart glasses, which the analyst Ross Gerber called a “game changer.”
BitMine Immersion Technologies Inc. (NYSE:BMNR)
BitMine’s stock rose by 5.31%, closing at $55.93. The stock’s high was $57.01, with a low of $50.90, and a 52-week range of $161 to $3.20. The increase follows BitMine’s report of holding over 2.15 million Ethereum (CRYPTO: ETH) tokens, making it the world’s largest Ethereum treasury company.
Benzinga’s Edge Stock Rankings show that Rivian has a Momentum in the 60th percentile and Growth in the 24th percentile. Here is how it compares against Tesla and Nio.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Photo Courtesy: Summit Art Creations on Shutterstock.com
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
