U.S. stocks exhibited ended higher on Wednesday with the Dow Jones index shedding rising over 120 points or 0.39% to 33,129.55. The NASDAQ, painted a brighter picture, climbing 1.35% to 13,236.01. The S&P 500 also experienced a rise, gaining 0.81% to reach 4,263.75.
These are the top stocks that gained the attention of retail traders and investors through the day:
Rivian Automotive Inc. RIVN closed the day with a 9.22% increase, settling at $23.69. The stock’s intraday high touched $23.74, while the low was at $21.58. Rivian’s 52-week range is between $11.68 and $37.39. The electric vehicle manufacturer announced its intention to offer green convertible senior notes, marking a significant step in bolstering its financial standing and environmental commitment.
Lithium Americas Corp. LAC surged by 13.39%, closing at $16.01. The stock peaked at $16.51 and bottomed at $13.9 for the day, with its 52-week range standing between $13.9 and $39.72. The company recently completed the separation into two independent public entities, marking a new chapter in its corporate journey.
Tesla Inc. TSLA experienced a 5.93% uplift, closing at $261.16, with an intraday high and low of $261.86 and $247.6, respectively. The EV giant’s 52-week range is a low of $101.81 and a high of $299.29. Tesla’s stock is bouncing back amidst ongoing United Auto Workers strikes, positioning the company favorably in the market.
Alphabet Inc. GOOGL saw a 2.12% increase, with the closing price at $135.24 and intraday extremes at $135.57 and $132.53. The company’s Class C shares GOOG rose 2.23% to $136.27 on the same day. The tech giant’s 52-week range is $83.34 to $139.16. The launch of the Pixel 8 and Pixel 8 Pro smartphones marked Google’s continued innovation in the competitive tech landscape.
Exxon Mobil Corporation XOM faced a decline of 3.73%, closing at $111.5 after reaching an intraday high of $114.09 and a low of $110.5. The oil giant’s 52-week range is between $95.66 and $120.7. Exxon is navigating complex political landscapes, especially with the approval of the Rosebank oil field in the U.K. and developments in Iraq’s oil sector.
Photo by Jirapong Manustrong on Shutterstock
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