U.S. stocks showed a positive trend towards the end of trading, with the Nasdaq Composite climbing approximately 1% on Tuesday. The Dow Jones Industrial Average saw a modest increase, while the S&P 500 also experienced gains, reflecting a buoyant mood in the market.
The Nasdaq ended Tuesday 0.9% higher at 13,639.86, the S&P was up 0.28% at 4,378.38 and the Dow Jones rose 0.17% at 34,152.60.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Rivian Automotive, Inc. (NASDAQ:RIVN)
Rivian’s stock performance was notable, closing at a 1.40% increase with a final price of $17.42. The day’s trading saw the stock reaching a high of $17.53 and a low of $16.76, with a 52-week range between $35.74 and $11.68. The electric automaker impressed with a strong Q3 earnings report, surpassing revenue estimates and raising its production guidance for the year.
Robinhood Markets, Inc. (NASDAQ:HOOD)
Robinhood ended the day with a 1.77% increase, closing at $9.76 after fluctuating between $9.85 and $9.59. The stock’s 52-week ...