Major U.S. indices closed lower on Wednesday, with the Dow Jones Industrial Average slipping 0.13% to 50,121.40. The S&P 500 finished flat at 6,941.47, while the Nasdaq fell 0.16% to 23,066.46.

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

AppLovin Corporation (NASDAQ:APP)

AppLovin stock fell 3.41% to close at $456.81, after trading between an intraday high of $471.97 and a low of $438.18, with the stock changing hands below its 52-week peak of $745.61 but well above its 52-week low of $200.50.

The advertising technology company reported fourth-quarter revenue of $1.66 billion and earnings of $3.24 per share, both ahead of Wall Street estimates, and highlighted that total revenue surged 66% year over year while robust cash generation supported share repurchases and a confident outlook for first-quarter sales and adjusted EBITDA.

AppLovin said it expected first-quarter revenue to range between approximately $1.75 billion and $1.78 billion, compared with estimates of $1.69 billion. The company projected first-quarter adjusted EBITDA of about $1.47 billion to $1.50 billion.

McDonald’s Corporation (NYSE:MCD)

McDonald’s shares slipped 0.85% on the day, finishing at $323.21 after reaching as high as $325.20 and as low as $320.81, leaving the fast-food giant just under its 52-week high of $328.06 and comfortably above its 52-week low of $283.47.

The global burger chain delivered fourth-quarter earnings of $3.12 per share on revenue of $7.01 billion, topping analyst forecasts as traffic and value initiatives helped lift systemwide sales by 8%, and CEO Chris Kempczinski emphasized that listening to customers and sharpening affordability drove solid comparable-sales growth across all segments.

Cisco Systems, Inc.  (NASDAQ:CSCO)

Cisco Systems eased 0.84% to close at $85.54, trading between an intraday high of $87.14 and a session low of $85.12, with shares hovering not far below a 52-week high of $88.18 and well above a 52-week low of $52.11. In the after-hours trading, the stock fell 7.3% to $79.26.

The networking leader posted fiscal second-quarter revenue of $15.35 billion and adjusted earnings of $1.04 per share, both slightly ahead of expectations, and saw product revenue jump 14% year over year as strength in networking and collaboration offset softer security sales, while management raised full-year 2026 guidance and CEO Chuck Robbins underscored the company’s role in building trusted infrastructure for the AI era.

Cisco said it expected third-quarter revenue to range between $15.4 billion and $15.6 billion, compared with estimates of $15.18 billion. The company projected adjusted earnings of $1.02 to $1.04 per share for the quarter, versus estimates of $1.03 per share. Cisco also raised its fiscal 2026 guidance, saying it now expected full-year revenue of $61.20 billion to $61.7 billion, up from its prior outlook of $60.20 billion to $61 billion.

QuantumScape Corporation (NYSE:QS)

QuantumScape stock declined 1.34%, ending the session at $8.82 after touching an intraday high of $9.13 and a low of $8.60, with the solid-state battery developer trading well below its 52-week high of $19.07 but still above its 52-week low of $3.40. The shares fell by nearly 10.5% to $7.89 in extended traidng.

QuantumScape shares cooled after the company reported fourth-quarter results Wednesday, even as it posted a narrower-than-expected loss and outlined its 2026 priorities. The solid-state battery developer reported a fourth-quarter loss of 17 cents per share, beating estimates for an 18-cent loss.

Capital expenditures totaled $12.3 million in the fourth quarter and $36.3 million for the full year 2025, while customer billings reached $19.5 million for the year.

In its shareholder letter, the company said it achieved all four of its 2025 goals, including establishing the baseline of the Cobra process, shipping Cobra-based QSE-5 cells, installing equipment for the Eagle Line and expanding commercial engagements. Looking ahead to 2026, QuantumScape plans to focus on demonstrating scalable production of its solid-state batteries using the Eagle Line and deepening collaboration with global automakers to support industrialization efforts.

AST SpaceMobile, Inc. (NASDAQ:ASTS)

AST SpaceMobile shares inched up 0.68% to close at $96.92, trading between a session high of $102.85 and a low of $93.20, with the satellite communications stock still below its 52-week high of $129.87 but far above its 52-week low of $18.22.

The company announced the successful in-orbit deployment of its BlueBird 6 satellite, described as the largest commercial communications array ever placed in low Earth orbit and designed to deliver space-based cellular broadband directly to standard mobile phones, and highlighted plans to launch dozens more satellites, leverage partnerships with over 50 mobile network operators and tap a sizable intellectual property portfolio.

Benzinga Edge Stock Rankings show Cisco stock has a Momentum in the 81st percentile and a Value in the 18th percentile.

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

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