Trump-Linked Digital World Acquisition, Apple, Micron Technology, Chewy, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Wednesday saw U.S. indices finishing positively, marked by the Dow Jones Industrial Average climbing by 1.03% to reach 39,512.13, while the S&P 500 showed an increase of 0.89% to settle at 5,224.62. Additionally, the Nasdaq experienced a rise of 1.25% to reach 16,369.41.

Here are the top stocks that caught the attention of retail traders and investors throughout the day:

Digital World Acquisition Corp. DWAC

DWAC shares surged by 17.79% to close at $42.9, with an intraday high and low of $44.86 and $38.09 respectively. The 52-week high and low stand at $58.72 and $12.4. The spike in the stock price came after former President Donald Trump’s legal team filed a brief with the U.S. Supreme Court, arguing for “ultimate immunity”. Read more here.

Apple Inc. AAPL

Apple shares rose by 1.47% to close at $178.67, with an intraday high and low of $178.67 and $175.09 respectively. The 52-week high and low are $199.62 and $155.98. The company’s CEO, Tim Cook, is currently in Shanghai, hinting at the possibility of opening more stores in China amid declining iPhone sales. Read more here.

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Micron Technology Inc. MU

Micron shares increased by 2.39% to close at $96.25, with an intraday high and low of $96.68 and $93.59 respectively. The 52-week high and low are $101.85 and $56.01. The company reported strong fiscal second-quarter financial results, beating both revenue and EPS estimates. Read more here.

Chewy Inc. CHWY

Chewy shares jumped by 6.35% to close at $17.74, with an intraday high and low of $17.76 and $16.78 respectively. The 52-week high and low are $40.78 and $15.78. The pet care e-commerce company reported fourth-quarter financial results, beating both revenue and EPS estimates. Read more here.

Tesla Inc. TSLA

Tesla shares rose by 2.53% to close at $175.66, with an intraday high and low of $176.25 and $170.82 respectively. The 52-week high and low are $299.29 and $152.37. A Tesla bull suggested that advertising could boost the company’s slowing sales growth. Read more here.

Photo by WHYFRAME on Shutterstock

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Posted In: EquitiesNewsMarketsAppleArtificial InteligenceChewyChewy IncDigital World Acquisition CorpDonald Trumpelectric vehiclesEVsMicron TechnologiesPet SuppliesShivdeep DhaliwalTeslaTim CookTrump
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