TSLA - Reddit Apple Nike Lululemon Tesla: Why These 5 Stocks Are On Investors' Radars Today | Benzinga
Thursday witnessed a positive trend in U.S. stocks as the Dow Jones Industrial Average concluded 0.7% higher at 39,781.37, while the S&P500 saw a 0.3% increase, reaching 5,241.53. Similarly, the Nasdaq, known for its tech focus, also ended on a positive note, rising by 0.2% to settle at 16,401.84.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Reddit Inc. (NYSE:RDDT)
Reddit shares opened at $47 per share, significantly above the expected IPO price range of $31 to $34. The stock immediately began moving higher, closing the day with a 48.35% increase at $50.44. The company’s IPO was highly anticipated, with Meridian Equity Partners' Jonathan Corpina predicting a hot start in public markets.
Apple Inc. (NASDAQ:AAPL)
Apple shares closed the day at $171.37, down 4.09%. The tech giant is reportedly facing a lawsuit from the U.S. Department of Justice (DOJ) alleging violation of antitrust laws by restricting competitors' access to iPhone hardware and software features. This marks the ...