UBER - Reddit Rivian Lyft Uber Tesla: Why These 5 Stocks Are On Investors' Radars Today | Benzinga
Tuesday saw the major U.S. indices end the day mixed. The Dow Jones Industrial Average saw a modest uptick of 0.08%, reaching 38,884.26, while the Nasdaq experienced a slight decline of 0.1%, settling at 16,332.56. Meanwhile, the S&P 500 concluded the day with a 0.13% increase, reaching 5,187.70.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Reddit, Inc. (NYSE:RDDT)
Reddit shares soared by 2.34% to close at $49.40, with an intraday high of $50.33 and a low of $47.4. The stock’s 52-week high and low are $74.9 and $37.35, respectively. The company reported its first post-IPO first-quarter results, with quarterly sales of $242.96 million, beating the analyst consensus estimate by 14.16%. However, the quarterly losses of $8.19 per share missed the analyst consensus estimate by 17.5%.
Rivian Automotive (NASDAQ:RIVN)
Rivian shares fell by 0.8% to close at $10.25, with an intraday high of $11.22 and a low of $10.07. The stock’s 52-week high and low are $28.06 and $8.26, respectively. The electric vehicle company reported first-quarter revenue of $1.20 billion, beating the Street consensus estimate.
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