ZS - Novavax Zscaler Digital Brands Group Asana Tesla: Why These 5 Stocks Are Drawing Investor Attention Today | Benzinga
U.S. stocks ended in red at the end of the trading day. The Dow Jones experienced a dip, falling by nearly 200 points or 0.56% to settle at 34,641.97. In contrast, the NASDAQ exhibited a slight decline, falling by 0.08% to 14,020.95. The S&P 500 also witnessed a decline, dropping by 0.42% to 4,496.83.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Novavax, Inc. (NASDAQ:NVAX)
Novavax shares surged by 10.23%, closing at $9.05 with an intraday high of $9.27 and a low of $8.25. The stock’s 52-week range stands between $33.37 and $5.61. The rise can be attributed to the increasing COVID cases in the US, which has bolstered vaccine stocks in recent weeks. The dominant strain in the U.S., the EG.5 variant, has been a significant contributor to the new cases, with another mutated strain, BA.2.86, also under surveillance.
Zscaler Inc (NASDAQ:ZS)
Zscaler’s stock appreciated by 2.75%, ending the day at $162.74. The stock touched an intraday high of $163.48 and a low of $158.05, with its 52-week range between $194.21 and $84.93. The company reported a 43% year-over-year increase in its fourth-quarter revenue, amounting to $455.01 million, surpassing the consensus estimate. The company’s CEO, Jay Chaudhry, emphasized the importance of cybersecurity and the value derived ...