The U.S. stock market finished higher on Thursday, as the Dow Jones Industrial Average edged up nearly 0.2% to 46,519.72, the S&P 500 added 0.06% to 6,715.35, and the Nasdaq climbed about 0.4% to 22,844.05.
These are the top stocks that gained the attention of retail traders and investors through the day:
SoundHound AI Inc. (NASDAQ:SOUN)
SoundHound AI shares surged by 10.46%, closing at $17.84. The stock hit an intraday high of $18.39 and a low of $16.45, with a 52-week range of $24.98 to $4.56.
The company recently gained recognition as a leader in IDC MarketScape’s assessment of conversational AI platforms. This recognition, along with strong revenue momentum, has attracted renewed investor interest.
IonQ Inc. (NYSE:IONQ)
IonQ’s stock rose by 10.32%, closing at $69.60. The stock reached its intraday peak at $69.60 and a low of $64.41, with a 52-week high of $76.13 and a low of $8.79.
Investors are closely monitoring IonQ as it pulls back from recent highs, potentially entering Warren Buffett’s “sweet zone” for buying opportunities.
Occidental Petroleum Corp. (NYSE:OXY)
Occidental’s stock fell by 7.31%, closing at $44.23. It recorded an intraday high of $47.92 and a low of $43.84, with a 52-week range of $56.49 to $34.78.
The company is reportedly considering selling its OxyChem division to Berkshire Hathaway in a deal valued at approximately $10 billion. This strategic move could streamline Occidental’s operations.
Ondas Holdings Inc. (NASDAQ:ONDS)
Ondas Holdings saw a significant rise of 25.99%, closing at $9.21. The stock reached an intraday high of $9.34 and a low of $7.66, with a 52-week high of $9.34 and a low of $0.57.
The surge followed the company’s announcement of a major purchase order for Wåsp drones, marking its entry into the U.S. defense market.
Tesla Inc. (NASDAQ:TSLA)
Tesla’s stock declined by 5.11%, closing at $436. It reached an intraday high of $470.75 and a low of $435.57, with a 52-week high of $488.54 and a low of $212.11.
The decline comes as a report indicated a significant drop in Tesla’s car sales in Italy, which fell by over 25.6% in September. Recently, investor Ross Gerber said ‘Winter is coming’ for Tesla as $7,500 Federal EV credits expire.
Benzinga’s Edge Stock Rankings indicate Tesla stock has a Value in the 4th percentile. Here is how the stock scores on other metrics.
Prepare for the day’s trading with top premarket movers and news by Benzinga.
Read Next:
Photo Courtesy: Miha Creative on Shutterstock.com
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
Recent Comments