PLTR, TEM, RIOT, BRK, TSLA: Top 5 Trending Stocks Today
The stock market experienced a correction on Monday, with the Nasdaq Composite sliding over 200 points. This decline was mirrored in the broader market as the Dow Jones Industrial Average saw a modest increase of 0.08%, closing at 43,461.21. In contrast, the Nasdaq index dropped 1.2% to close at 19,286.92. The S&P 500 also took a hit, decreasing by 0.5% and finishing the day at 5,983.25.
Amidst the market's fluctuations, several stocks caught the attention of both retail traders and investors. Here are the top five trending stocks from today:
Palantir Technologies Inc. (PLTR)
Palantir saw its shares drop significantly, falling by 10.53% to close at $90.68. During the trading session, the stock reached an intraday high of $99.01 and a low of $89.30. Its 52-week high and low are $99.01 and $15.67, respectively. The continued loss in share price reflects the challenges the company faced as major indices struggled to gain momentum.
Tempus AI Inc. (TEM)
In contrast to Palantir, Tempus AI's shares increased by 2.17%, closing at $69.57. The stock exhibited volatility during the day, with an intraday high of $74.20 and a low of $65.37. Tempus AI's 52-week high and low are $91.45 and $22.89, respectively. This rise in share price comes ahead of the company’s upcoming fiscal fourth-quarter earnings report for 2024.
Riot Platforms Inc. (RIOT)
Riot Platforms experienced a downturn as well, with shares falling by 4.49% to close at $9.99. The stock had an intraday trading range that peaked at $10.63 and dipped to $9.84. Its 52-week high and low stand at $18.36 and $6.36, respectively. The decline followed the announcement of the company's fourth-quarter results, which surprisingly surpassed analyst expectations.
Berkshire Hathaway Inc. (BRK)
Berkshire Hathaway's shares decreased by 2.55%, closing at $1432.50. The stock's intraday high was $1460, and its low hit $1420. The company's 52-week high and low are $2140 and $1403.75, respectively. Despite its recent decline, shares had reached all-time highs shortly after CEO Warren Buffett's annual shareholder letter, where he reaffirmed his positive outlook on U.S. equities.
Tesla Inc. (TSLA)
Tesla's shares saw a decline of 2.15% as well, closing at $330.53. The intraday trading reflected volatility, with a high of $342.40 and a low of $324.70. Tesla's 52-week high and low are $488.54 and $138.80, respectively. The fluctuations followed the company's announcement of plans to roll out full self-driving features in China, which stirred investor sentiment.
As the trading day concluded, these stocks showcased a mix of movements, further highlighting the dynamic nature of the market amidst broader economic shifts.
Stocks, Market, Trading