Tuesday saw the major U.S. indices end the day mixed. The Dow Jones Industrial Average saw a modest uptick of 0.08%, reaching 38,884.26, while the Nasdaq experienced a slight decline of 0.1%, settling at 16,332.56. Meanwhile, the S&P 500 concluded the day with a 0.13% increase, reaching 5,187.70.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Reddit, Inc. RDDT
Reddit shares soared by 2.34% to close at $49.40, with an intraday high of $50.33 and a low of $47.4. The stock’s 52-week high and low are $74.9 and $37.35, respectively. The company reported its first post-IPO first-quarter results, with quarterly sales of $242.96 million, beating the analyst consensus estimate by 14.16%. However, the quarterly losses of $8.19 per share missed the analyst consensus estimate by 17.5%.
Rivian Automotive RIVN
Rivian shares fell by 0.8% to close at $10.25, with an intraday high of $11.22 and a low of $10.07. The stock’s 52-week high and low are $28.06 and $8.26, respectively. The electric vehicle company reported first-quarter revenue of $1.20 billion, beating the Street consensus estimate.
Lyft, Inc. LYFT
Lyft shares dropped by 5.25% to close at $16.60, with an intraday high of $17.43 and a low of $16.45. The stock’s 52-week high and low are $20.82 and $7.85, respectively. The company reported its first-quarter financial results, with quarterly sales of $1.28 billion, beating the analyst consensus estimate by 10.02%. However, the quarterly losses of 8 cents per share missed the analyst consensus estimate.
Uber Technologies, Inc. UBER
Uber shares fell by 1.51% to close at $70.43, with an intraday high of $72.64 and a low of $69.8. The stock’s 52-week high and low are $82.14 and $37.07, respectively. The company announced a strategic collaboration with Maplebear Inc., introducing Uber Eats restaurant delivery services to Instacart users.
Tesla Inc. TSLA
Tesla shares dropped by 3.76% to close at $177.81, with an intraday high of $183.26 and a low of $177.4. The stock’s 52-week high and low are $299.29 and $138.8, respectively. The company announced a temporary halt in production at its German Gigafactory due to upcoming protests.
Photo by Phongphan on Shutterstock
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Engineered by
Benzinga Neuro, Edited by
Shivdeep Dhaliwal
The GPT-4-based Benzinga Neuro content generation system exploits the
extensive Benzinga Ecosystem, including native data, APIs, and more to
create comprehensive and timely stories for you.
Learn more.
