TSLA - Bitcoin Near All-Time High Shines Spotlight On MicroStrategy — Trump-Related Phunware Nio GitLab Tesla Also On Investors' Radars Today | Benzinga
On the inaugural trading day of the week, U.S. stock indices closed lower, with the Dow Jones Industrial Average dipping by 0.25% to 38,989.33, the S&P 500 slipping 0.1% to 5,130.95, and the Nasdaq, primarily composed of tech stocks, finishing Monday’s session down 0.4% at 16,207.51.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
MicroStrategy Incorporated (NASDAQ:MSTR) saw a significant uptick, closing up 23.59% at $1334.01, with an intraday high of $1359.91 and a low of $1190.01. The company’s shares surged amid a broader rally in Bitcoin (CRYPTO: BTC), reflecting its substantial investment in the cryptocurrency. MicroStrategy’s aggressive acquisition of Bitcoin, under the guidance of its chairman Michael Saylor, underscores its unique position in the market and its potential for future growth. Notably, the apex cryptocurrency is teetering at the verge of a new all-time high around the $69,000 mark.
GitLab Inc. (NASDAQ:GTLB) experienced a modest increase, ending the ...