TSLA - Nio PayPal Block Tesla Avinger: What You Need To Know About These Five Stocks Trending Today | Benzinga
U.S. stocks exhibited a positive trend as trading neared its end on Monday. The Dow Jones saw an uptick, settling at 34,624.30, while the NASDAQ reached 13,710.24. Notably, the S&P 500 also experienced a rise, marking a 0.01% increase to settle at 4,453.53.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
NIO Inc. (NYSE:NIO)
Shares of NIO declined by 1.15%, closing at $10.31. The stock’s intraday high was $10.47, with a low of $10.22. Over the past 52 weeks, NIO has seen a high of $20.96 and a low of $7. The company recently announced a proposed offering of $1 billion convertible senior notes. The offering is split into two parts, with $500 million due in 2029 and the remaining $500 million due in 2030. NIO intends to use the proceeds to repurchase existing debt securities and bolster its balance sheet.
PayPal Holdings (NASDAQ:PYPL)
PayPal’s stock decreased by 1.98%, settling at $62.94. The stock reached an intraday high of $63.52 and a low ...