Wednesday saw U.S. stocks closing on a downward trend, with the Dow Jones Industrial Average dipping 0.1% to 37,753.31, the S&P 500 falling 0.6% to 5,022.21, and the Nasdaq also concluding the day lower by 1.1% at 15,683.37.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)
Taiwan Semiconductor’s shares dipped by 0.55% to close at $139.03, with an intraday high and low of $142.57 and $137.36 respectively. The company’s shares traded lower due to ASML Holding N.V. reporting worse than expected results. Taiwan Semiconductor is set to report earnings on Thursday.
Arm Holdings Plc (NASDAQ:ARM)
Arm Holdings’ shares fell by 11.99% to close at $107.56. The stock’s intraday high was $122.68, and the low was $107.01. The shares traded lower in sympathy with ASML Holding N.V., which reported worse-than-expected first-quarter results.