U.S. markets closed higher on Tuesday, with the S&P 500 ending the day 2.05% higher at 5,921.54, while the Dow Jones Industrial Average rose 1.8% to 42,343.65. The Nasdaq also spiked nearly 2.5% to 19,199.16.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Nvidia Corp. (NASDAQ:NVDA) saw a rise of 3.21%, closing at $135.50. The stock reached an intraday high of $135.66 and a low of $133.31, with a 52-week range between $153.13 and $86.63. Nvidia is gearing up for its first-quarter earnings report, with Wall Street anticipating an EPS of 88 cents and revenue of $43.54 billion. Despite being slightly under its eight-day simple moving average, the stock has shown strong technical performance, surging over 20% in the past month.
AMC Entertainment Holdings Inc. (NYSE:AMC) surged 23.77%, closing at $4.01. The stock’s intraday high was $4.08, with a low of $3.39, and it has a 52-week range of $5.96 to $2.45. AMC Entertainment reported robust admissions revenue over the Memorial Day weekend, marking it as the third-biggest revenue period in over a decade for the company.
PDD Holdings Inc. (NASDAQ:PDD) dropped 13.64%, ending the day at $102.98. The stock’s high was $103.20, and its low was $97.32, with a 52-week range of $160 to $87.12. PDD Holdings experienced a sharp decline in pre-market trading due to weaker-than-expected first-quarter results. Earnings-per-share for the period came in at $1.56, missing market estimates of $2.46.
Trump Media & Technology Group Corp. (NASDAQ:DJT) fell 10.38%, closing at $23.05. The stock hit an intraday high of $27 and a low of $22.64, with a 52-week range of $54.68 to $11.75. Trump Media announced plans to raise $2.5 billion to purchase Bitcoin (CRYPTO: BTC), entering into agreements with institutional investors for stock and convertible note sales. The shares were seen up 2.4% at $23.60 in the after-hours trading.
Tesla Inc. (NASDAQ:TSLA) rose 6.94%, closing at $362.89. The stock’s high was $363.79, with a low of $347.32, and it has a 52-week range of $488.54 to $167.42. Tesla shares climbed after CEO Elon Musk reaffirmed his commitment to the company, stating he is dedicating significant time to Tesla’s operations.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
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This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
