Israel-Hamas Conflict Brings Palantir, Lockheed Martin Onto Investors' Radars — Unity Software, Delta Air Lines, Tesla Also Trending Today

U.S. stocks showcased a positive momentum as the trading day approached its end, with the Dow Jones surging by nearly 200 points. The Dow experienced an uptick of 0.59%, settling at 33,604.65, while the NASDAQ witnessed a rise of 0.39%, reaching 13,484.24. The S&P 500 followed suit, gaining 0.63% to conclude at 4,335.66.

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

Lockheed Martin Corporation LMT
Lockheed Martin closed the day with an 8.93% increase, settling at $436.53. The stock hit an intraday high of $436.6 and a low of $423.39. The defense giant’s 52-week performance ranged between a high of $508.1 and a low of $388.1. Lockheed’s shares ascended amid the ongoing Middle East conflict, with defense stocks gaining traction.

Unity Software Inc. U
Unity Software’s stock declined by 1.49%, closing at $29.7, after hitting an intraday high of $29.8 and a low of $28.95. The company’s 52-week performance saw a high of $50.08 and a low of $21.22. Unity announced a CEO transition, with John Riccitiello stepping down and James Whitehurst appointed as the interim president and CEO.

Delta Air Lines, Inc. DAL
Delta’s shares plummeted by 4.65%, closing at $35.28, with an intraday high of $35.79 and a low of $34.69. The airline’s 52-week stats include a high of $49.81 and a low of $28.21. Delta and other U.S. airlines suspended flights to Israel amid the Israel-Hamas conflict, leading to travel uncertainty and a drop in the airline’s stock.

Palantir Technologies Inc. PLTR
Palantir Technologies saw a 6.02% increase, closing at $17.61 after reaching an intraday high of $17.83 and a low of $16.22. The company’s 52-week performance ranged from a high of $20.24 to a low of $5.92. Amid the Middle East conflict, there was a heightened focus on security and surveillance, leading to increased demand for Palantir’s products.

Tesla, Inc. TSLA
Tesla’s stock experienced a slight decline of 0.33%, closing at $259.67. The EV giant’s intraday performance saw a high of $261.36 and a low of $252.05, with a 52-week high of $299.29 and a low of $101.81. Reports of slipping sales of China-made EVs contributed to the stock’s decline.

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Posted In: EquitiesNewsMarketsMediaDelta Airlineselectric vehiclesHamasisraelisrael-Hamas conflictIsrael-Hamas WarLockheedLockheed MartinMiddle EastPalantirPalantir TechnologiesPalestineUnity Software
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