On Thursday, the primary U.S. stock market benchmarks closed higher, with the S&P 500 increasing by 0.74% to reach 5,199.06, while the Nasdaq surged by 1.7% to hit 16,442.20. Conversely, the Dow Jones Industrial Average remained relatively steady, ending the day at 38,459.08.

Apple Inc. (NASDAQ:AAPL)

Rivian Automotive, Inc. (NASDAQ:RIVN)

Rivian’s shares dipped by 6.82%, closing at $9.57. The stock hit a new all-time low of $9.38, with an intraday high of $10.3. Over the past 52 weeks, the stock has fluctuated between $28.06 and $9.38. Concerns about the company’s future may have influenced the stock’s performance.

Amazon.com Inc. (NASDAQ:AMZN)

Amazon shares increased by 1.67%, closing at an all-time high of $189.05. The stock’s intraday high was $189.77, with a low of $185.51. The 52-week high and low are $189.77 and $97.71 respectively.

Nikola Corporation (NASDAQ:NKLA)

Nikola shares plummeted by 26.73%, closing at $0.72. The stock’s intraday high was $0.94, with a low of $0.71. The 52-week high and low stand at $3.71 and $0.52 respectively.

Nikola’s shares were down in premarket trading on Thursday after Wolfe Research initiated coverage with a Peer Perform rating, citing hurdles like sparse charging infrastructure and high hydrogen expenses for fuel cell electric vehicles.

Tesla, Inc. (NASDAQ:TSLA)

Tesla shares rose by 1.65%, closing at $174.60. The stock’s intraday high was $175.88, with a low of $168.51. The 52-week high and low are $299.29 and $152.37 respectively. Despite recent market turbulence, signs of recovery are evident in the stock’s performance.

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