On Monday, the major U.S. stock indices finished positively, with the Dow Jones Industrial Average closing 0.4% up at 38,386.09, the S&P 500 increasing by 0.32% to 5,116.17, and the Nasdaq rising by 0.35% to 15,983.08.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Mullen Automotive, Inc. (NASDAQ:MULN)
The stock of the electric vehicle maker surged by 81.01% to close at $5.72 after the company announced that the California Air Resources Board approved the 2024 Mullen THREE for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP). This announcement sparked a significant rise in the company’s shares.
Amazon.com, Inc. (NASDAQ:AMZN)
Amazon’s stock saw a modest increase of 0.75% to close at $180.96. The e-commerce giant is set to report its first-quarter financial results after the market closes on Tuesday. Analysts are expecting Amazon to report a first-quarter revenue of $142.47 billion.
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