SMCI, GME, MCD, MNDY, TSLA: Top 5 Trending Stocks Today - GameStop (NYSE:GME)

U.S. stocks experienced a positive trading session, with the Nasdaq Composite rising approximately 1% on Monday to 19,714.27. The S&P 500 also saw gains, increasing by 0.7% to 6,066.44, while the Dow Jones Industrial Average edged up slightly by 0.4% to 44,470.41.

These are the top stocks that gained the attention of retail traders and investors throughout the day.

Super Micro Computer, Inc. (NASDAQ:SMCI)

Super Micro Computer’s shares surged by 17.56% to close at $42.65, with an intraday high of $42.88 and a low of $37.36. The stock’s 52-week range is between $122.9 and $17.25. The company is in the spotlight as it prepares for a second-quarter business update set for Tuesday, with investors keenly watching for updates on its ongoing accounting issues and potential delisting from Nasdaq.

GameStop Corp. (NYSE:GME)

GameStop’s stock climbed 9.66% to end the day at $27.12, reaching an intraday high of $27.27 and a low of $25.3. Its 52-week high and low are $64.83 and $9.95, respectively. The stock’s rise followed a social media post by CEO Ryan Cohen featuring Strategy CEO Michael Saylor, sparking speculation about the company’s potential interest in Bitcoin (CRYPTO: BTC).

McDonald’s Corp. (NYSE:MCD)

McDonald’s shares increased by 4.80%, closing at $308.42, with a high of $310.28 and a low of $301.51. The stock’s 52-week range is $317.9 to $243.53. Despite a slight decline in fourth-quarter sales, the company saw a rise in global comparable sales, which helped boost its stock performance.

Monday.com Ltd (NASDAQ:MNDY)

Monday.com’s stock soared by 26.46% to close at $326.58, with an intraday high of $342.64 and a low of $295.47. Its 52-week range is $342.64 to $174.75. The company’s impressive fourth-quarter earnings, with a 32% revenue growth, and CEO’s comments on AI as a game-changer, contributed to the stock’s significant rise. Revenue for the period came in at $267.98 million.

Tesla Inc. (NASDAQ:TSLA)

Tesla’s shares fell by 3.01%, closing at $350.73, with a high of $362.7 and a low of $350.51. The stock’s 52-week high and low are $488.54 and $138.8. The decline followed CEO Elon Musk’s response to allegations of tax fraud, where he called for tax reform and clarified the company’s tax practices.

Image via Shutterstock

Prepare for the day’s trading with top premarket movers and news by Benzinga.

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