TSLA - PayPal Roku Airbnb Etsy Tesla: Why These 5 Stocks Are On Investors' Radars Today | Benzinga
The stock market showed positive momentum as trading came to a close, with major indices reflecting optimism among investors. The Dow Jones Industrial Average rose by 0.67%, settling at 33.274.58, while the NASDAQ Composite saw a more significant increase of 1.64%, ending the day at 13,061.47. The S&P 500 was not left behind, gaining 1.05% to close at 4,237.86. This upward trend comes in the wake of the Federal Reserve’s decision to maintain interest rates, a move that was widely anticipated by the market.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
PayPal Holdings, Inc. (NASDAQ:PYPL)
PayPal’s stock experienced a slight dip of 0.27%, closing at $51.66. The stock fluctuated between an intraday high of $52.20 and a low of $51.10. Over the past 52 weeks, PayPal has seen highs of $92.62 and lows of $50.25. The company reported a strong third quarter, with revenue reaching $7.4 billion, an 8% increase year-over-year, and beating market expectations. Earnings per share were up by 20%, coming in at $1.30. Despite these strong results, the company saw a decrease in total active accounts, ending the quarter with 428 million. PayPal’s CEO, Alex Chriss, expressed his confidence in the company’s assets and market position, highlighting the firm’s solid financial standing.
Roku, Inc. (NASDAQ:ROKU)
Roku’s stock saw a slight increase of 0.22%, closing at $59.70. The stock reached an intraday high of $59.89 ...