TSLA - Why Bitcoin-Linked MicroStrategy Along With Adial Pharmaceuticals Alpine Immune Sciences Marin Software And Tesla Are On Investors' Radars Today | Benzinga
On Wednesday, key U.S. stock indexes closed lower, as the Dow Jones Industrial Average fell by 1.1% to 38,461.51, the S&P 500 dropped nearly 1% to 5,160.64, and the Nasdaq ended the day down by 0.8% at 16,170.36.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
MicroStrategy Inc. (NASDAQ:MSTR)
MicroStrategy’s stock rose by 8.67% to close at $1,566. The stock’s intraday high and low were $1566 and $1373.77 respectively, with a 52-week range of $266 to $1999.99. The company is facing a challenging situation as Bitcoin's (CRYPTO: BTC) surge boosts both its shares and convertible bonds, making refinancing these bonds 280% more expensive.
Adial Pharmaceuticals Inc. (NASDAQ:ADIL)
Adial Pharmaceuticals’ stock skyrocketed by 106.19% to close at $2.33. The stock’s intraday high and low were $2.74 and $1.75 respectively, with a 52-week range of $0.77 to $14. The company announced the publication of a peer-reviewed article highlighting the clinical results, strong safety profile, and high compliance among patients administered AD04.
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