U.S. stocks slipped into the red on Wednesday. The Dow Jones Industrial Average saw a decrease of 0.2% to 36,054.43, while the NASDAQ Composite experienced a dip, falling 0.40% to 14,146.71. The S&P 500 also witnessed a decline, dropping 0.39% to 4,549.34.
Transitioning to individual stocks, these are the top stocks that gained the attention of retail traders and investors throughout the day:
MicroAlgo Inc. (NASDAQ:MLGO)
MicroAlgo’s stock soared by an impressive 295.87%, closing at $9.58. The stock reached an intraday high of $10.76 and a low of $3.73, with its 52-week range being $71.5 to $1.12. This surge followed the company’s announcement of establishing a postgraduate training practice base in collaboration with Shenzhen University Semiconductor Manufacturing Research Institute and Haikou Comprehensive Free Trade Zone Management Committee. The initiative aims to support the sustainable growth of the semiconductor industry.
Advanced Micro Devices, Inc. (NASDAQ:AMD)
Chewy, Inc. (NYSE:CHWY)
Broadcom Inc. (NASDAQ:AVGO)
Tesla, Inc. (NASDAQ:TSLA)
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