U.S. Stocks End in the Green: Top Gainers and Losers
On Tuesday, the U.S. stock market saw a positive close, with the Dow Jones Industrial Average rising 0.6%, the S&P 500 gaining 1.12%, and the Nasdaq closing 1.54% higher. Here are some of the top stocks that caught the attention of retail traders and investors throughout the day:
Rumble, Inc. (NASDAQ: RUM)
Rumble’s stock surged by 18.26%, closing at $7.90 after hitting an intraday high of $8.15. The company announced its interest in becoming a “cloud technology partner” for TikTok, which generated significant discussion among retail investors on social media.
The Boeing Company (NYSE: BA)
Boeing’s shares tumbled by 4.29%, closing at $184.24. The company faced scrutiny after failing 33 out of 89 audits conducted by the Federal Aviation Administration following an incident with a 737 Max jet.
Intel Corporation (NASDAQ: INTC)
Intel’s stock saw a modest increase of 0.85%, closing at $45.24. The company successfully navigated attempts to block its substantial chip sales to Huawei, a major Chinese telecom company facing heavy sanctions.
NVIDIA Corporation (NASDAQ: NVDA)
NVIDIA’s stock experienced a significant increase of 7.16%, closing at $919.13. Despite a recent drop, the company’s shares have soared by 75% since the beginning of the year.
Tesla, Inc. (NASDAQ: TSLA)
Tesla’s stock saw a slight decrease of 0.13%, closing at $177.54. Analysts remain optimistic about the electric vehicle giant’s growth potential despite the current slump in price.
Overall, it was a mixed day for U.S. stocks, with some companies experiencing significant gains while others faced challenges. Investors will continue to monitor market trends and company developments to make informed decisions in the days ahead.
