U.S. stocks experienced a downward trend as trading neared its close, with the Dow Jones witnessing a decline of over 100 points on Tuesday. The Dow decreased by 0.31%, settling at 34,517.73, while the NASDAQ experienced a drop of 0.23%, closing at 13,678.19. Similarly, the S&P 500 also saw a decline, falling by 0.22% to 4,443.95.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Maplebear Inc (CART: CART)
Maplebear Inc., popularly known as Instacart, made a notable debut, opening significantly above its IPO price. The stock’s performance for the day saw a rise of 12.33%, closing at $33.7, with an intraday high of $42.95 and a low of $33.67. Its 52-week range is between $7.49 and $42.95. Following its public debut, Ritholtz Wealth Management’s Josh Brown expressed skepticism, suggesting that investors might want to consider selling to capitalize on the surge.
NIO Inc (NYSE:NIO)
NIO Inc. faced a challenging day, with its stock declining by 17.07%, closing at $8.55. The stock’s intraday high was $9.6, and it touched a low of $8.41. Over the past 52 weeks, NIO has ranged between $7 and $20.95. The Chinese luxury EV maker’s ...