On Wednesday, U.S. stocks closed lower, as indicated by the Dow Jones Industrial Average slipping 0.06% to 38,949.02. The S&P 500 saw a decline of almost 0.2% to 5,069.76, while the Nasdaq, which is weighted towards technology stocks, concluded the trading session with a 0.55% decrease at 15,947.74.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Marathon Digital Holdings (NASDAQ:MARA)
Marathon Digital Holdings experienced a notable day with a 2.4% gain, closing at $31.03. The company’s fourth-quarter earnings highlighted a significant year-over-year revenue increase and a notable rise in Bitcoin (CRYPTO: BTC) production, despite a loss per share. Plans for hash rate growth and the launch of the Anduro network signal a promising future.
Snowflake Inc (NYSE:SNOW)
Snowflake Inc’s shares adjusted to $230, a -1.72% change. The company reported its fourth-quarter financial results with a 32% year-over-year revenue increase to $774.7 million, surpassing estimates. Earnings per ...