Wednesday witnessed a varied performance across major U.S. indices. The S&P 500 closed the day steady at 5,187.67, while the Nasdaq experienced a slight decline of nearly 0.2%, settling at 16,302.76. On the other hand, the Dow Jones Industrial Average saw a positive movement, climbing 0.4% to reach 39,056.39.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
ARM Holdings Plc (NASDAQ:ARM)
The chipmaker’s shares fell by 1.60% to close at $106.07. The stock’s intraday high was $109.94, and it hit a low of $104.65. The 52-week high stands at $164, and the 52-week low is $46.50. ARM Holdings reported better-than-expected fourth-quarter results, with earnings of 36 cents per share, beating the analyst consensus estimate of 30 cents by 20%.
Robinhood Markets Inc (NASDAQ:HOOD)
Robinhood’s stock dipped by 0.78% to close at $17.85. The stock’s intraday high was $17.94, and it hit a low of $17.37. The 52-week high stands at $20.55, and the 52-week low is $7.91. The trading platform reported record first-quarter revenue of $618 million, up 40% year-over-year, beating the Street ...