UPTD - TradeUP FedEx Marathon Digital Enovix Tesla: Why These 5 Stocks Are On Investors' Radars Today? | Benzinga
Today, the stock market witnessed a mix of optimism and caution. The Federal Reserve’s decision to maintain the key overnight interest rate unchanged was the main news of the day. This move by the Federal Reserve is seen as a response to the ongoing economic challenges and uncertainties.
On Wednesday, The Dow Jones Industrial Average ended the day 0.22% lower at 34,440.88, while the tech-heavy NASDAQ was down 1.53% at 13,469.13. The S&P 500 was also in the red, it fell 0.94% to 4,402.20.
While the broader market showed a mixed reaction, certain stocks managed to capture significant attention.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
TradeUP Acquisition Corp. (NASDAQ:UPTD)
TradeUP Acquisition Corp. saw a significant increase of 26.42%, closing at $12.25. The stock reached an intraday high of $33 and a low of $10, with a 52-week range between $6.88 and $33. The company announced an extension for its initial business combination deadline, depositing an aggregate of $37,432.70 into its trust account. This move is seen as a strategic decision to strengthen its position in the market.
FedEx Corp. (NYSE:FDX)
FedEx Corp. experienced a ...