XPEV, HSAI, KSS, GRPN, TSLA: Top 5 Trending Stocks Today
Wall Street continued its downward trend on Tuesday, with major stock indices closing lower. The Dow Jones Industrial Average fell by 1.1%, settling at 41,433.48. Similarly, the S&P 500 decreased by 0.75% to finish at 5,572.07, while the Nasdaq Composite dropped approximately 0.2%, closing at 17,436.10.
In the midst of this market slump, several stocks attracted the interest of retail traders and investors:
XPeng Inc. (XPEV)
XPeng Inc. saw its shares rise by an impressive 14.77%, closing at $26.34. The stock reached an intraday high of $27.16 and a low of $25.25. Over the past year, its shares have fluctuated between $6.55 and $27.16. The boost in stock price followed the company's announcement that it is considering a substantial investment in humanoid robotics, potentially reaching up to $13.8 billion.
Hesai Group (HSAI)
Hesai Group experienced a remarkable surge of 50.41%, ending the day at $24.08 after securing a multi-year agreement with Mercedes-Benz to supply Lidar sensors. During trading, the stock hit a high of $24.18 and a low of $18.32, with a 52-week range from $3.52 to $24.18.
Kohl’s Corp. (KSS)
In contrast, Kohl’s shares plunged by 24.07%, closing at $9.15. The stock traded within a range of $10.56 at its highest and $8.75 at its lowest during the day. The company's stock has a 52-week high of $29.60 and a low of $8.75. This significant decline followed warning signs from the company regarding the challenging consumer environment, with the CEO noting that shoppers are increasingly seeking value in their purchases.
Groupon Inc. (GRPN)
Groupon Inc. saw a slight decrease of 0.61%, finishing at $9.77. The stock's intraday fluctuations involved a high of $9.98 and a low of $9.21. Over the past year, Groupon shares have peaked at $19.56 and dipped to a low of $7.76. The company announced fourth-quarter revenue of $130.38 million, surpassing analyst expectations of $127.74 million.
Tesla Inc. (TSLA)
Tesla's stock rose by 3.79%, closing at $230.58. The shares traded between a high of $237.06 and a low of $217.02 during the day. Tesla's 52-week high stands at $488.54, while the low is $138.80. The increase in Tesla's stock price coincided with a private event held at the White House featuring only Tesla vehicles, hosted by President Donald Trump.
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